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's (KLSE:EDELTEQ) Popularity With Investors Is Under Threat From Overpricing
Dec 06
Edelteq Holdings Berhad (KLSE:EDELTEQ) Might Be Having Difficulty Using Its Capital Effectively
Oct 29Edelteq 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:08 |
| End of Day Share Price | 2024/12/27 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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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
Edelteq Holdings Berhad is covered by 1 analysts. 0 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 |
|---|---|
| Jun Kit Sam | Hong Leong Investment Bank Berhad |