EcoFirst Consolidated Bhd Balance Sheet Health
Financial Health criteria checks 2/6
EcoFirst Consolidated Bhd has a total shareholder equity of MYR531.8M and total debt of MYR263.0M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are MYR996.4M and MYR464.6M respectively. EcoFirst Consolidated Bhd's EBIT is MYR26.3M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR14.5M.
Key information
49.5%
Debt to equity ratio
RM 263.02m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM 14.47m |
| Equity | RM 531.80m |
| Total liabilities | RM 464.62m |
| Total assets | RM 996.42m |
Recent financial health updates
Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Using Too Much Debt?
May 13
Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) A Risky Investment?
Jan 12Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden
May 14Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden
Nov 22Recent updates
We Think That There Are More Issues For EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Than Just Sluggish Earnings
Aug 05Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Using Too Much Debt?
May 13Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) A Risky Investment?
Jan 12Shareholders Will Most Likely Find EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Compensation Acceptable
Oct 20Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden
May 14A Quick Analysis On EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) CEO Salary
Feb 06EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 10Does EcoFirst Consolidated Bhd's (KLSE:ECOFIRS) Share Price Gain of 55% Match Its Business Performance?
Dec 20Here's Why EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Has A Meaningful Debt Burden
Nov 22Financial Position Analysis
Short Term Liabilities: ECOFIRS's short term assets (MYR341.0M) exceed its short term liabilities (MYR277.5M).
Long Term Liabilities: ECOFIRS's short term assets (MYR341.0M) exceed its long term liabilities (MYR187.1M).
Debt to Equity History and Analysis
Debt Level: ECOFIRS's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: ECOFIRS's debt to equity ratio has increased from 46.9% to 49.5% over the past 5 years.
Debt Coverage: ECOFIRS's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: ECOFIRS's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/26 03:24 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
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