Wentel Engineering Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Wentel Engineering Holdings Berhad has a total shareholder equity of MYR101.9M and total debt of MYR2.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR117.6M and MYR15.7M respectively. Wentel Engineering Holdings Berhad's EBIT is MYR17.0M making its interest coverage ratio -100. It has cash and short-term investments of MYR32.3M.
Key information
2.9%
Debt to equity ratio
RM 2.93m
Debt
| Interest coverage ratio | -100x |
| Cash | RM 32.35m |
| Equity | RM 101.93m |
| Total liabilities | RM 15.69m |
| Total assets | RM 117.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WENTEL's short term assets (MYR73.3M) exceed its short term liabilities (MYR14.1M).
Long Term Liabilities: WENTEL's short term assets (MYR73.3M) exceed its long term liabilities (MYR1.6M).
Debt to Equity History and Analysis
Debt Level: WENTEL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WENTEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WENTEL's debt is well covered by operating cash flow (586%).
Interest Coverage: WENTEL earns more interest than it pays, so coverage of interest payments is not a concern.