Enest Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Enest Group Berhad has a total shareholder equity of MYR40.8M and total debt of MYR14.9M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are MYR64.8M and MYR24.1M respectively. Enest Group Berhad's EBIT is MYR8.9M making its interest coverage ratio 14.2. It has cash and short-term investments of MYR4.0M.
Key information
36.6%
Debt to equity ratio
RM 14.93m
Debt
| Interest coverage ratio | 14.2x |
| Cash | RM 4.02m |
| Equity | RM 40.76m |
| Total liabilities | RM 24.08m |
| Total assets | RM 64.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ENEST's short term assets (MYR54.0M) exceed its short term liabilities (MYR18.9M).
Long Term Liabilities: ENEST's short term assets (MYR54.0M) exceed its long term liabilities (MYR5.2M).
Debt to Equity History and Analysis
Debt Level: ENEST's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: ENEST's debt to equity ratio has increased from 36% to 36.6% over the past 5 years.
Debt Coverage: ENEST's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: ENEST's interest payments on its debt are well covered by EBIT (14.2x coverage).