Ancom Nylex Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Ancom Nylex Berhad has a total shareholder equity of MYR582.2M and total debt of MYR347.6M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are MYR1.2B and MYR645.4M respectively. Ancom Nylex Berhad's EBIT is MYR113.2M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR138.4M.

Key information

59.7%

Debt to equity ratio

RM 347.57m

Debt

Interest coverage ratio	5.5x
Cash	RM 138.35m
Equity	RM 582.15m
Total liabilities	RM 645.35m
Total assets	RM 1.23b

Recent financial health updates

Recent updates

Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Pretty Healthy Balance Sheet

Sep 28

We Think Ancom Nylex Berhad (KLSE:ANCOMNY) Can Stay On Top Of Its Debt

Mar 17

Here's Why Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Meaningful Debt Burden

Jul 27

Should You Be Adding Ancom Nylex Berhad (KLSE:ANCOMNY) To Your Watchlist Today?

Apr 28

Here's Why Ancom Berhad (KLSE:ANCOM) Can Manage Its Debt Responsibly

Sep 15

We Think Ancom Berhad (KLSE:ANCOM) Can Stay On Top Of Its Debt

Mar 26

We're Watching These Trends At Ancom Berhad (KLSE:ANCOM)

Feb 19

If You Had Bought Ancom Berhad (KLSE:ANCOM) Stock Five Years Ago, You Could Pocket A 192% Gain Today

Jan 15

Is Ancom Berhad (KLSE:ANCOM) Using Too Much Debt?

Dec 11

Financial Position Analysis

Short Term Liabilities: ANCOMNY's short term assets (MYR767.1M) exceed its short term liabilities (MYR566.1M).

Long Term Liabilities: ANCOMNY's short term assets (MYR767.1M) exceed its long term liabilities (MYR79.2M).

Debt to Equity History and Analysis

Debt Level: ANCOMNY's net debt to equity ratio (35.9%) is considered satisfactory.

Reducing Debt: ANCOMNY's debt to equity ratio has reduced from 79.3% to 59.7% over the past 5 years.

Debt Coverage: ANCOMNY's debt is well covered by operating cash flow (37%).

Interest Coverage: ANCOMNY's interest payments on its debt are well covered by EBIT (5.5x coverage).

Ancom Nylex Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Pretty Healthy Balance Sheet

We Think Ancom Nylex Berhad (KLSE:ANCOMNY) Can Stay On Top Of Its Debt

Here's Why Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Meaningful Debt Burden

Here's Why Ancom Berhad (KLSE:ANCOM) Can Manage Its Debt Responsibly

We Think Ancom Berhad (KLSE:ANCOM) Can Stay On Top Of Its Debt

Is Ancom Berhad (KLSE:ANCOM) Using Too Much Debt?

Recent updates

Full year 2024 earnings released: EPS: RM0.086 (vs RM0.084 in FY 2023)

Price target decreased by 11% to RM1.41

Ancom Nylex Berhad Announces Resignation of Wong Wai Foong as Company Secretary

Second quarter 2024 earnings released: EPS: RM0.023 (vs RM0.023 in 2Q 2023)

Ancom Nylex Berhad Appoints Datuk Anuar Bin Ahmad as Independent and Non-Executive Chairman, Effective 30 Nov. 2023

Ancom Nylex Berhad Announces Retirement of CHAN THYE SENG as Non Independent and Non Executive Director

Full year 2023 earnings: EPS and revenues miss analyst expectations

Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Pretty Healthy Balance Sheet

Ancom Nylex Berhad, Annual General Meeting, Oct 27, 2023

Upcoming dividend of RM0.01 per share at 1.0% yield

Full year 2023 earnings released: EPS: RM0.084 (vs RM0.09 in FY 2022)

Ancom Nylex Berhad Declares First Interim Dividend for the Financial Year Ended May 31, 2023 Payable on 30 August 2023

Price target increased by 11% to RM1.65

Third quarter 2023 earnings released: EPS: RM0.018 (vs RM0.02 in 3Q 2022)

We Think Ancom Nylex Berhad (KLSE:ANCOMNY) Can Stay On Top Of Its Debt

Ancom Nylex Berhad Announces the Redesignation of MISS CHRISTINA FOO as Independent and Non Executive Chairman of Audit Committee

Second quarter 2023 earnings released: EPS: RM0.023 (vs RM0.016 in 2Q 2022)

High number of new directors

High number of new directors

High number of new directors

Full year 2022 earnings released: EPS: RM0.09 (vs RM0.033 in FY 2021)

Ancom Nylex Berhad, Annual General Meeting, Oct 27, 2022

Ancom Nylex Berhad Announces Resignation of Lim Hock Chye as Non Independent and Non Executive Member of Audit Committee

Here's Why Ancom Nylex Berhad (KLSE:ANCOMNY) Has A Meaningful Debt Burden

Full year 2022 earnings released: EPS: RM0.27 (vs RM0.033 in FY 2021)

Investor sentiment deteriorated over the past week

Should You Be Adding Ancom Nylex Berhad (KLSE:ANCOMNY) To Your Watchlist Today?

Third quarter 2022 earnings released: EPS: RM0.061 (vs RM0.03 in 3Q 2021)

Ancom Berhad Appoints Lee Cheun Wei as Executive Managing Director

Ancom Berhad (KLSE:ANCOM) completed the acquisition of remaining 49.73% of Assets and liabilities of Nylex (Malaysia) Berhad (KLSE:NYLEX).

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: EPS RM0.10 (vs RM0.043 loss in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Here's Why Ancom Berhad (KLSE:ANCOM) Can Manage Its Debt Responsibly

Full year 2021 earnings released: EPS RM0.10 (vs RM0.043 loss in FY 2020)

We Think Ancom Berhad (KLSE:ANCOM) Can Stay On Top Of Its Debt

New 90-day high: RM1.37

We're Watching These Trends At Ancom Berhad (KLSE:ANCOM)

New 90-day high: RM1.17

Second quarter 2021 earnings released: EPS RM0.026 (vs RM0.006 in 2Q 2020)

If You Had Bought Ancom Berhad (KLSE:ANCOM) Stock Five Years Ago, You Could Pocket A 192% Gain Today

New 90-day high: RM1.10

New 90-day high: RM0.86

Is Ancom Berhad (KLSE:ANCOM) Using Too Much Debt?

First quarter earnings released

Full year earnings released - RM0.043 loss per share

New 90-day high - RM0.99

New 90-day high - RM0.80

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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