3REN Berhad Balance Sheet Health
Financial Health criteria checks 5/6
3REN Berhad has a total shareholder equity of MYR66.0M and total debt of MYR11.2M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are MYR87.6M and MYR21.6M respectively. 3REN Berhad's EBIT is MYR15.1M making its interest coverage ratio 661.1. It has cash and short-term investments of MYR12.4M.
Key information
17.0%
Debt to equity ratio
RM 11.20m
Debt
| Interest coverage ratio | 661.1x |
| Cash | RM 12.40m |
| Equity | RM 65.97m |
| Total liabilities | RM 21.64m |
| Total assets | RM 87.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3REN's short term assets (MYR64.1M) exceed its short term liabilities (MYR9.5M).
Long Term Liabilities: 3REN's short term assets (MYR64.1M) exceed its long term liabilities (MYR12.2M).
Debt to Equity History and Analysis
Debt Level: 3REN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3REN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3REN's debt is well covered by operating cash flow (72.7%).
Interest Coverage: 3REN's interest payments on its debt are well covered by EBIT (661.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
3REN Berhad is covered by 3 analysts. 3 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 |
|---|---|
| null null | JF Apex Securities Berhad |
| Miza Izaimi | RHB Investment Bank |
| Mun Chan | TA Securities Holdings Berhad |