Eco World Development Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Eco World Development Group Berhad has a total shareholder equity of MYR4.9B and total debt of MYR2.7B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are MYR9.1B and MYR4.2B respectively. Eco World Development Group Berhad's EBIT is MYR313.3M making its interest coverage ratio 6.7. It has cash and short-term investments of MYR880.6M.
Key information
55.9%
Debt to equity ratio
RM 2.72b
Debt
| Interest coverage ratio | 6.7x |
| Cash | RM 880.59m |
| Equity | RM 4.86b |
| Total liabilities | RM 4.19b |
| Total assets | RM 9.06b |
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
Is 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 (MYR3.2B) exceed its short term liabilities (MYR2.1B).
Long Term Liabilities: ECOWLD's short term assets (MYR3.2B) exceed its long term liabilities (MYR2.1B).
Debt to Equity History and Analysis
Debt Level: ECOWLD's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: ECOWLD's debt to equity ratio has reduced from 87.2% to 55.9% over the past 5 years.
Debt Coverage: ECOWLD's debt is well covered by operating cash flow (29.5%).
Interest Coverage: ECOWLD's interest payments on its debt are well covered by EBIT (6.7x coverage).