Wasco Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Wasco Berhad has a total shareholder equity of MYR922.2M and total debt of MYR611.7M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are MYR2.9B and MYR2.0B respectively. Wasco Berhad's EBIT is MYR319.9M making its interest coverage ratio 5.2. It has cash and short-term investments of MYR369.1M.
Key information
66.3%
Debt to equity ratio
RM 611.69m
Debt
| Interest coverage ratio | 5.2x |
| Cash | RM 369.06m |
| Equity | RM 922.24m |
| Total liabilities | RM 1.97b |
| Total assets | RM 2.89b |
Recent financial health updates
Is Wah Seong Corporation Berhad (KLSE:WASEONG) Using Too Much Debt?
Mar 07
Wah Seong Corporation Berhad (KLSE:WASEONG) Takes On Some Risk With Its Use Of Debt
Aug 28Wah Seong Corporation Berhad (KLSE:WASEONG) Has Debt But No Earnings; Should You Worry?
May 17Is Wah Seong Corporation Berhad (KLSE:WASEONG) Weighed On By Its Debt Load?
Dec 18Recent updates
Wasco Berhad (KLSE:WASCO) Screens Well But There Might Be A Catch
Nov 07Cautious Investors Not Rewarding Wasco Berhad's (KLSE:WASCO) Performance Completely
Apr 24Returns On Capital Are A Standout For Wasco Berhad (KLSE:WASCO)
Jan 22An Intrinsic Calculation For Wah Seong Corporation Berhad (KLSE:WASEONG) Suggests It's 23% Undervalued
May 19Analysts Just Made A Significant Upgrade To Their Wah Seong Corporation Berhad (KLSE:WASEONG) Forecasts
Feb 27We Like These Underlying Return On Capital Trends At Wah Seong Corporation Berhad (KLSE:WASEONG)
Jan 31Returns At Wah Seong Corporation Berhad (KLSE:WASEONG) Are On The Way Up
Jul 07Is There An Opportunity With Wah Seong Corporation Berhad's (KLSE:WASEONG) 45% Undervaluation?
Mar 29Is Wah Seong Corporation Berhad (KLSE:WASEONG) Using Too Much Debt?
Mar 07Wah Seong Corporation Berhad (KLSE:WASEONG) Shareholders Will Want The ROCE Trajectory To Continue
Feb 08Wah Seong Corporation Berhad (KLSE:WASEONG) Might Have The Makings Of A Multi-Bagger
Oct 12Wah Seong Corporation Berhad (KLSE:WASEONG) Takes On Some Risk With Its Use Of Debt
Aug 28Wah Seong Corporation Berhad (KLSE:WASEONG) Could Be At Risk Of Shrinking As A Company
Jul 13Wah Seong Corporation Berhad (KLSE:WASEONG) Has Debt But No Earnings; Should You Worry?
May 17Returns On Capital At Wah Seong Corporation Berhad (KLSE:WASEONG) Paint A Concerning Picture
Apr 08What Kind Of Investors Own Most Of Wah Seong Corporation Berhad (KLSE:WASEONG)?
Mar 08A Look At Wah Seong Corporation Berhad's (KLSE:WASEONG) Share Price Returns
Feb 10
Is Wah Seong Corporation Berhad (KLSE:WASEONG) Weighed On By Its Debt Load?
Dec 18What Did Wah Seong Corporation Berhad's (KLSE:WASEONG) CEO Take Home Last Year?
Nov 26Financial Position Analysis
Short Term Liabilities: WASCO's short term assets (MYR1.7B) exceed its short term liabilities (MYR1.6B).
Long Term Liabilities: WASCO's short term assets (MYR1.7B) exceed its long term liabilities (MYR339.9M).
Debt to Equity History and Analysis
Debt Level: WASCO's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: WASCO's debt to equity ratio has reduced from 85.7% to 66.3% over the past 5 years.
Debt Coverage: WASCO's debt is well covered by operating cash flow (63.3%).
Interest Coverage: WASCO's interest payments on its debt are well covered by EBIT (5.2x coverage).