Dagang NeXchange Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Dagang NeXchange Berhad has a total shareholder equity of MYR2.2B and total debt of MYR297.4M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are MYR4.6B and MYR2.5B respectively. Dagang NeXchange Berhad's EBIT is MYR112.6M making its interest coverage ratio 2.2. It has cash and short-term investments of MYR411.0M.
Key information
13.7%
Debt to equity ratio
RM297.40m
Debt
Interest coverage ratio | 2.2x |
Cash | RM411.04m |
Equity | RM2.16b |
Total liabilities | RM2.47b |
Total assets | RM4.63b |
Recent financial health updates
Is Dagang NeXchange Berhad (KLSE:DNEX) A Risky Investment?
Apr 12Does Dagang NeXchange Berhad (KLSE:DNEX) Have A Healthy Balance Sheet?
May 12Does Dagang NeXchange Berhad (KLSE:DNEX) Have A Healthy Balance Sheet?
Nov 13We Think Dagang NeXchange Berhad (KLSE:DNEX) Has A Fair Chunk Of Debt
Mar 04We Think Dagang NeXchange Berhad (KLSE:DNEX) Has A Fair Chunk Of Debt
Nov 19Recent updates
Is Dagang NeXchange Berhad (KLSE:DNEX) A Risky Investment?
Apr 12Potential Upside For Dagang NeXchange Berhad (KLSE:DNEX) Not Without Risk
Jan 19Does Dagang NeXchange Berhad (KLSE:DNEX) Have A Healthy Balance Sheet?
May 12When Should You Buy Dagang NeXchange Berhad (KLSE:DNEX)?
Mar 28If EPS Growth Is Important To You, Dagang NeXchange Berhad (KLSE:DNEX) Presents An Opportunity
Jan 12There Are Reasons To Feel Uneasy About Dagang NeXchange Berhad's (KLSE:DNEX) Returns On Capital
Aug 04Is It Time To Consider Buying Dagang NeXchange Berhad (KLSE:DNEX)?
May 19Some Investors May Be Worried About Dagang NeXchange Berhad's (KLSE:DNEX) Returns On Capital
Mar 27What Is Dagang NeXchange Berhad's (KLSE:DNEX) Share Price Doing?
Feb 01Does Dagang NeXchange Berhad (KLSE:DNEX) Have A Healthy Balance Sheet?
Nov 13We Think Dagang NeXchange Berhad (KLSE:DNEX) Has A Fair Chunk Of Debt
Mar 04Dagang NeXchange Berhad's(KLSE:DNEX) Share Price Is Down 41% Over The Past Three Years.
Jan 28What Percentage Of Dagang NeXchange Berhad (KLSE:DNEX) Shares Do Insiders Own?
Dec 24We Think Dagang NeXchange Berhad (KLSE:DNEX) Has A Fair Chunk Of Debt
Nov 19Financial Position Analysis
Short Term Liabilities: DNEX's short term assets (MYR865.5M) exceed its short term liabilities (MYR847.5M).
Long Term Liabilities: DNEX's short term assets (MYR865.5M) do not cover its long term liabilities (MYR1.6B).
Debt to Equity History and Analysis
Debt Level: DNEX has more cash than its total debt.
Reducing Debt: DNEX's debt to equity ratio has increased from 10.7% to 13.7% over the past 5 years.
Debt Coverage: DNEX's debt is well covered by operating cash flow (81.2%).
Interest Coverage: DNEX's interest payments on its debt are not well covered by EBIT (2.2x coverage).