Evergreen Fibreboard Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Evergreen Fibreboard Berhad has a total shareholder equity of MYR997.0M and total debt of MYR239.7M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are MYR1.4B and MYR410.9M respectively. Evergreen Fibreboard Berhad's EBIT is MYR15.3M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR154.6M.
Key information
24.0%
Debt to equity ratio
RM 239.67m
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM 154.57m |
| Equity | RM 996.98m |
| Total liabilities | RM 410.88m |
| Total assets | RM 1.41b |
Recent financial health updates
Evergreen Fibreboard Berhad (KLSE:EVERGRN) Seems To Use Debt Quite Sensibly
Aug 02
Evergreen Fibreboard Berhad (KLSE:EVERGRN) Is Carrying A Fair Bit Of Debt
Sep 11Is Evergreen Fibreboard Berhad (KLSE:EVERGRN) A Risky Investment?
Sep 25Evergreen Fibreboard Berhad (KLSE:EVERGRN) Has A Pretty Healthy Balance Sheet
May 26Would Evergreen Fibreboard Berhad (KLSE:EVERGRN) Be Better Off With Less Debt?
Mar 20Is Evergreen Fibreboard Berhad (KLSE:EVERGRN) A Risky Investment?
Dec 05Recent updates
Evergreen Fibreboard Berhad (KLSE:EVERGRN) Seems To Use Debt Quite Sensibly
Aug 02Investors Continue Waiting On Sidelines For Evergreen Fibreboard Berhad (KLSE:EVERGRN)
Jul 01Evergreen Fibreboard Berhad (KLSE:EVERGRN) Is Carrying A Fair Bit Of Debt
Sep 11Evergreen Fibreboard Berhad (KLSE:EVERGRN) Could Be Riskier Than It Looks
Aug 15Is There Now An Opportunity In Evergreen Fibreboard Berhad (KLSE:EVERGRN)?
Apr 04Estimating The Intrinsic Value Of Evergreen Fibreboard Berhad (KLSE:EVERGRN)
Mar 01Evergreen Fibreboard Berhad (KLSE:EVERGRN) Hasn't Managed To Accelerate Its Returns
Oct 21Is Evergreen Fibreboard Berhad (KLSE:EVERGRN) A Risky Investment?
Sep 25Capital Allocation Trends At Evergreen Fibreboard Berhad (KLSE:EVERGRN) Aren't Ideal
Jun 24Evergreen Fibreboard Berhad (KLSE:EVERGRN) Has A Pretty Healthy Balance Sheet
May 26Calculating The Fair Value Of Evergreen Fibreboard Berhad (KLSE:EVERGRN)
Apr 28Is It Too Late To Consider Buying Evergreen Fibreboard Berhad (KLSE:EVERGRN)?
Mar 24Be Wary Of Evergreen Fibreboard Berhad (KLSE:EVERGRN) And Its Returns On Capital
Mar 02Rainbows and Unicorns: The Evergreen Fibreboard Berhad (KLSE:EVERGRN) Analyst Just Became A Lot More Optimistic
Dec 01Calculating The Intrinsic Value Of Evergreen Fibreboard Berhad (KLSE:EVERGRN)
Apr 30Would Evergreen Fibreboard Berhad (KLSE:EVERGRN) Be Better Off With Less Debt?
Mar 20If You Had Bought Evergreen Fibreboard Berhad's (KLSE:EVERGRN) Shares Five Years Ago You Would Be Down 70%
Jan 27Is Evergreen Fibreboard Berhad (KLSE:EVERGRN) A Risky Investment?
Dec 05Financial Position Analysis
Short Term Liabilities: EVERGRN's short term assets (MYR471.4M) exceed its short term liabilities (MYR277.6M).
Long Term Liabilities: EVERGRN's short term assets (MYR471.4M) exceed its long term liabilities (MYR133.3M).
Debt to Equity History and Analysis
Debt Level: EVERGRN's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: EVERGRN's debt to equity ratio has increased from 18.2% to 24% over the past 5 years.
Debt Coverage: EVERGRN's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: EVERGRN's interest payments on its debt are not well covered by EBIT (2.7x coverage).