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).