QL Resources Berhad Balance Sheet Health
Financial Health criteria checks 6/6
QL Resources Berhad has a total shareholder equity of MYR3.2B and total debt of MYR1.1B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are MYR5.6B and MYR2.4B respectively. QL Resources Berhad's EBIT is MYR672.3M making its interest coverage ratio 11.2. It has cash and short-term investments of MYR439.6M.
Key information
34.7%
Debt to equity ratio
RM1.10b
Debt
| Interest coverage ratio | 11.2x |
| Cash | RM439.61m |
| Equity | RM3.17b |
| Total liabilities | RM2.43b |
| Total assets | RM5.60b |
Recent financial health updates
QL Resources Berhad (KLSE:QL) Seems To Use Debt Rather Sparingly
Nov 23
QL Resources Berhad (KLSE:QL) Seems To Use Debt Rather Sparingly
Feb 25QL Resources Berhad (KLSE:QL) Seems To Use Debt Quite Sensibly
Oct 20Is QL Resources Berhad (KLSE:QL) Using Too Much Debt?
Jun 20QL Resources Berhad (KLSE:QL) Has A Pretty Healthy Balance Sheet
May 28QL Resources Berhad (KLSE:QL) Seems To Use Debt Quite Sensibly
Feb 22Recent updates
Is Now The Time To Put QL Resources Berhad (KLSE:QL) On Your Watchlist?
May 06QL Resources Berhad's (KLSE:QL) Share Price Could Signal Some Risk
Apr 21The Return Trends At QL Resources Berhad (KLSE:QL) Look Promising
Mar 21We Ran A Stock Scan For Earnings Growth And QL Resources Berhad (KLSE:QL) Passed With Ease
Dec 15QL Resources Berhad (KLSE:QL) Seems To Use Debt Rather Sparingly
Nov 23QL Resources Berhad (KLSE:QL) Is Paying Out A Dividend Of MYR0.035
Aug 28If EPS Growth Is Important To You, QL Resources Berhad (KLSE:QL) Presents An Opportunity
Jul 28Returns On Capital Are Showing Encouraging Signs At QL Resources Berhad (KLSE:QL)
May 22Here's Why We Think QL Resources Berhad (KLSE:QL) Is Well Worth Watching
Mar 28QL Resources Berhad (KLSE:QL) Seems To Use Debt Rather Sparingly
Feb 25Slowing Rates Of Return At QL Resources Berhad (KLSE:QL) Leave Little Room For Excitement
Feb 09Does QL Resources Berhad (KLSE:QL) Deserve A Spot On Your Watchlist?
Dec 21Returns On Capital At QL Resources Berhad (KLSE:QL) Have Hit The Brakes
Nov 07QL Resources Berhad (KLSE:QL) Seems To Use Debt Quite Sensibly
Oct 20Returns On Capital At QL Resources Berhad (KLSE:QL) Have Stalled
Jul 21Is QL Resources Berhad (KLSE:QL) Using Too Much Debt?
Jun 20QL Resources Berhad Just Beat Revenue By 6.4%: Here's What Analysts Think Will Happen Next
Jun 01Does QL Resources Berhad (KLSE:QL) Deserve A Spot On Your Watchlist?
Apr 30Slowing Rates Of Return At QL Resources Berhad (KLSE:QL) Leave Little Room For Excitement
Apr 14I Built A List Of Growing Companies And QL Resources Berhad (KLSE:QL) Made The Cut
Jan 05QL Resources Berhad (KLSE:QL) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15Should You Be Adding QL Resources Berhad (KLSE:QL) To Your Watchlist Today?
Sep 17QL Resources Berhad's (KLSE:QL) Solid Profits Have Weak Fundamentals
Sep 01Slowing Rates Of Return At QL Resources Berhad (KLSE:QL) Leave Little Room For Excitement
Aug 24Should You Be Adding QL Resources Berhad (KLSE:QL) To Your Watchlist Today?
Jun 14QL Resources Berhad (KLSE:QL) Has A Pretty Healthy Balance Sheet
May 28What Type Of Shareholders Make Up QL Resources Berhad's (KLSE:QL) Share Registry?
Mar 12QL Resources Berhad (KLSE:QL) Seems To Use Debt Quite Sensibly
Feb 22Does QL Resources Berhad's (KLSE:QL) CEO Salary Compare Well With Industry Peers?
Feb 05
What Do The Returns On Capital At QL Resources Berhad (KLSE:QL) Tell Us?
Jan 21QL Resources Berhad's (KLSE:QL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 06If You Had Bought QL Resources Berhad (KLSE:QL) Stock Five Years Ago, You Could Pocket A 167% Gain Today
Dec 22Could The QL Resources Berhad (KLSE:QL) Ownership Structure Tell Us Something Useful?
Dec 03Does QL Resources Berhad (KLSE:QL) Have A Healthy Balance Sheet?
Nov 17Financial Position Analysis
Short Term Liabilities: QL's short term assets (MYR2.5B) exceed its short term liabilities (MYR1.9B).
Long Term Liabilities: QL's short term assets (MYR2.5B) exceed its long term liabilities (MYR531.5M).
Debt to Equity History and Analysis
Debt Level: QL's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: QL's debt to equity ratio has reduced from 63.7% to 34.7% over the past 5 years.
Debt Coverage: QL's debt is well covered by operating cash flow (72.9%).
Interest Coverage: QL's interest payments on its debt are well covered by EBIT (11.2x coverage).