EcoFirst Consolidated Bhd

KLSE:ECOFIRS Stock Report

Market Cap: RM 437.5m

EcoFirst Consolidated Bhd Balance Sheet Health

Financial Health criteria checks 2/6

EcoFirst Consolidated Bhd has a total shareholder equity of MYR528.4M and total debt of MYR283.4M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are MYR997.0M and MYR468.5M respectively.

Key information

53.6%

Debt to equity ratio

RM 283.36m

Debt

Interest coverage ration/a
CashRM 21.37m
EquityRM 528.43m
Total liabilitiesRM 468.54m
Total assetsRM 996.97m

Recent financial health updates

Recent updates

We Think That There Are More Issues For EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Than Just Sluggish Earnings

Aug 05
We Think That There Are More Issues For EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Than Just Sluggish Earnings

Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Using Too Much Debt?

May 13
Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Using Too Much Debt?

Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) A Risky Investment?

Jan 12
Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) A Risky Investment?

Shareholders Will Most Likely Find EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Compensation Acceptable

Oct 20
Shareholders Will Most Likely Find EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Compensation Acceptable

Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden

May 14
Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden

A Quick Analysis On EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Salary

Feb 06
A Quick Analysis On EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Salary

EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Stock Has Fared Decently: Is the Market Following Strong Financials?

Jan 10
EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Stock Has Fared Decently: Is the Market Following Strong Financials?

Does EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Share Price Gain of 55% Match Its Business Performance?

Dec 20
Does EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Share Price Gain of 55% Match Its Business Performance?

Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden

Nov 22
Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden

Financial Position Analysis

Short Term Liabilities: ECOFIRS's short term assets (MYR339.4M) exceed its short term liabilities (MYR278.5M).

Long Term Liabilities: ECOFIRS's short term assets (MYR339.4M) exceed its long term liabilities (MYR190.0M).


Debt to Equity History and Analysis

Debt Level: ECOFIRS's net debt to equity ratio (49.6%) is considered high.

Reducing Debt: ECOFIRS's debt to equity ratio has increased from 48.9% to 53.6% over the past 5 years.

Debt Coverage: ECOFIRS's debt is not well covered by operating cash flow (6.3%).

Interest Coverage: Insufficient data to determine if ECOFIRS's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

EcoFirst Consolidated Bhd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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