Edelteq Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Edelteq Holdings Berhad has a total shareholder equity of MYR49.3M and total debt of MYR2.6M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are MYR57.7M and MYR8.4M respectively. Edelteq Holdings Berhad's EBIT is MYR4.7M making its interest coverage ratio -14.7. It has cash and short-term investments of MYR21.4M.
Key information
5.3%
Debt to equity ratio
RM 2.62m
Debt
| Interest coverage ratio | -14.7x |
| Cash | RM 21.42m |
| Equity | RM 49.27m |
| Total liabilities | RM 8.40m |
| Total assets | RM 57.67m |
Recent financial health updates
No updates
Recent updates
Edelteq Holdings Berhad (KLSE:EDELTEQ) Might Be Having Difficulty Using Its Capital Effectively
Oct 29
Edelteq Holdings Berhad (KLSE:EDELTEQ) Shares May Have Slumped 33% But Getting In Cheap Is Still Unlikely
Aug 06Returns On Capital At Edelteq Holdings Berhad (KLSE:EDELTEQ) Paint A Concerning Picture
Jun 26Subdued Growth No Barrier To Edelteq Holdings Berhad (KLSE:EDELTEQ) With Shares Advancing 29%
Mar 12Financial Position Analysis
Short Term Liabilities: EDELTEQ's short term assets (MYR31.0M) exceed its short term liabilities (MYR4.8M).
Long Term Liabilities: EDELTEQ's short term assets (MYR31.0M) exceed its long term liabilities (MYR3.6M).
Debt to Equity History and Analysis
Debt Level: EDELTEQ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EDELTEQ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EDELTEQ's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: EDELTEQ earns more interest than it pays, so coverage of interest payments is not a concern.