EcoFirst Consolidated Bhd Balance Sheet Health
Financial Health criteria checks 2/6
EcoFirst Consolidated Bhd has a total shareholder equity of MYR500.1M and total debt of MYR269.5M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are MYR932.0M and MYR431.9M respectively. EcoFirst Consolidated Bhd's EBIT is MYR19.2M making its interest coverage ratio 1.1. It has cash and short-term investments of MYR9.5M.
Key information
53.9%
Debt to equity ratio
RM269.54m
Debt
Interest coverage ratio | 1.1x |
Cash | RM9.52m |
Equity | RM500.14m |
Total liabilities | RM431.91m |
Total assets | RM932.05m |
Recent financial health updates
Is EcoFirst Consolidated Bhd (KLSE:ECOFIRS) Using Too Much Debt?
May 13Is 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
Is 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 (MYR282.8M) exceed its short term liabilities (MYR187.9M).
Long Term Liabilities: ECOFIRS's short term assets (MYR282.8M) exceed its long term liabilities (MYR244.0M).
Debt to Equity History and Analysis
Debt Level: ECOFIRS's net debt to equity ratio (52%) is considered high.
Reducing Debt: ECOFIRS's debt to equity ratio has increased from 50.8% to 53.9% over the past 5 years.
Debt Coverage: ECOFIRS's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: ECOFIRS's interest payments on its debt are not well covered by EBIT (1.1x coverage).