Encorp Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Encorp Berhad has a total shareholder equity of MYR418.8M and total debt of MYR576.5M, which brings its debt-to-equity ratio to 137.7%. Its total assets and total liabilities are MYR1.1B and MYR711.9M respectively. Encorp Berhad's EBIT is MYR48.6M making its interest coverage ratio 0.8. It has cash and short-term investments of MYR22.0M.
Key information
137.7%
Debt to equity ratio
RM576.53m
Debt
Interest coverage ratio | 0.8x |
Cash | RM22.04m |
Equity | RM418.79m |
Total liabilities | RM711.92m |
Total assets | RM1.13b |
Recent financial health updates
Is Encorp Berhad (KLSE:ENCORP) A Risky Investment?
Mar 12Is Encorp Berhad (KLSE:ENCORP) Using Too Much Debt?
Sep 01Encorp Berhad (KLSE:ENCORP) Takes On Some Risk With Its Use Of Debt
Feb 03Is Encorp Berhad (KLSE:ENCORP) A Risky Investment?
Oct 21We Think Encorp Berhad (KLSE:ENCORP) Is Taking Some Risk With Its Debt
Jul 06Does Encorp Berhad (KLSE:ENCORP) Have A Healthy Balance Sheet?
Mar 04Recent updates
Is Encorp Berhad (KLSE:ENCORP) A Risky Investment?
Mar 12Is Encorp Berhad (KLSE:ENCORP) Using Too Much Debt?
Sep 01Encorp Berhad's (KLSE:ENCORP) Share Price Is Matching Sentiment Around Its Revenues
Jun 07Encorp Berhad (KLSE:ENCORP) Takes On Some Risk With Its Use Of Debt
Feb 03Is Encorp Berhad (KLSE:ENCORP) A Risky Investment?
Oct 21We Think Encorp Berhad (KLSE:ENCORP) Is Taking Some Risk With Its Debt
Jul 06Does Encorp Berhad (KLSE:ENCORP) Have A Healthy Balance Sheet?
Mar 04Encorp Berhad (KLSE:ENCORP) Has A Somewhat Strained Balance Sheet
Nov 09Encorp Berhad (KLSE:ENCORP) Use Of Debt Could Be Considered Risky
Jul 23Is Encorp Berhad (KLSE:ENCORP) Using Too Much Debt?
Apr 09These 4 Measures Indicate That Encorp Berhad (KLSE:ENCORP) Is Using Debt Extensively
Dec 25Financial Position Analysis
Short Term Liabilities: ENCORP's short term assets (MYR416.6M) exceed its short term liabilities (MYR256.7M).
Long Term Liabilities: ENCORP's short term assets (MYR416.6M) do not cover its long term liabilities (MYR455.2M).
Debt to Equity History and Analysis
Debt Level: ENCORP's net debt to equity ratio (132.4%) is considered high.
Reducing Debt: ENCORP's debt to equity ratio has reduced from 209.8% to 137.7% over the past 5 years.
Debt Coverage: ENCORP's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: ENCORP's interest payments on its debt are not well covered by EBIT (0.8x coverage).