Eco World Development Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Eco World Development Group Berhad has a total shareholder equity of MYR4.9B and total debt of MYR2.4B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are MYR8.9B and MYR4.0B respectively. Eco World Development Group Berhad's EBIT is MYR349.3M making its interest coverage ratio 3. It has cash and short-term investments of MYR1.4B.
Key information
48.0%
Debt to equity ratio
RM 2.35b
Debt
| Interest coverage ratio | 3x |
| Cash | RM 1.36b |
| Equity | RM 4.89b |
| Total liabilities | RM 4.03b |
| Total assets | RM 8.92b |
Recent financial health updates
Is Eco World Development Group Berhad (KLSE:ECOWLD) Using Too Much Debt?
May 21
Eco World Development Group Berhad (KLSE:ECOWLD) Seems To Use Debt Quite Sensibly
Jun 12Does Eco World Development Group Berhad (KLSE:ECOWLD) Have A Healthy Balance Sheet?
Dec 01These 4 Measures Indicate That Eco World Development Group Berhad (KLSE:ECOWLD) Is Using Debt Extensively
Dec 31Recent updates
Should You Be Adding Eco World Development Group Berhad (KLSE:ECOWLD) To Your Watchlist Today?
Dec 03What Does Eco World Development Group Berhad's (KLSE:ECOWLD) Share Price Indicate?
Nov 11Eco World Development Group Berhad's (KLSE:ECOWLD) Price In Tune With Earnings
Oct 10Is Now The Time To Look At Buying Eco World Development Group Berhad (KLSE:ECOWLD)?
Jul 15We Think Eco World Development Group Berhad's (KLSE:ECOWLD) Healthy Earnings Might Be Conservative
Jun 27Eco World Development Group Berhad's (KLSE:ECOWLD) P/E Is On The Mark
Jun 07Is Eco World Development Group Berhad (KLSE:ECOWLD) Using Too Much Debt?
May 21Statutory Profit Doesn't Reflect How Good Eco World Development Group Berhad's (KLSE:ECOWLD) Earnings Are
Dec 22At RM1.09, Is Eco World Development Group Berhad (KLSE:ECOWLD) Worth Looking At Closely?
Sep 20Eco World Development Group Berhad (KLSE:ECOWLD) Seems To Use Debt Quite Sensibly
Jun 12Eco World Development Group Berhad's (KLSE:ECOWLD) Soft Earnings Don't Show The Whole Picture
Dec 23Eco World Development Group Berhad Just Missed Earnings - But Analysts Have Updated Their Models
Dec 20Does Eco World Development Group Berhad (KLSE:ECOWLD) Have A Healthy Balance Sheet?
Dec 01These 4 Measures Indicate That Eco World Development Group Berhad (KLSE:ECOWLD) Is Using Debt Extensively
Dec 31Financial Position Analysis
Short Term Liabilities: ECOWLD's short term assets (MYR3.4B) exceed its short term liabilities (MYR2.1B).
Long Term Liabilities: ECOWLD's short term assets (MYR3.4B) exceed its long term liabilities (MYR2.0B).
Debt to Equity History and Analysis
Debt Level: ECOWLD's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: ECOWLD's debt to equity ratio has reduced from 83.3% to 48% over the past 5 years.
Debt Coverage: ECOWLD's debt is well covered by operating cash flow (37.9%).
Interest Coverage: ECOWLD's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:10 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Eco World Development Group Berhad is covered by 17 analysts. 10 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 |
|---|---|
| Chee Wei Loong | Affin Hwang Investment Bank |
| Jun Tan | CGS International |
| null null | CLSA |