Edaran Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Edaran Berhad has a total shareholder equity of MYR29.2M and total debt of MYR8.4M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are MYR71.7M and MYR42.4M respectively. Edaran Berhad's EBIT is MYR5.6M making its interest coverage ratio 6.2. It has cash and short-term investments of MYR5.8M.
Key information
28.7%
Debt to equity ratio
RM 8.39m
Debt
| Interest coverage ratio | 6.2x |
| Cash | RM 5.76m |
| Equity | RM 29.24m |
| Total liabilities | RM 42.44m |
| Total assets | RM 71.68m |
Recent financial health updates
Edaran Berhad (KLSE:EDARAN) Seems To Use Debt Quite Sensibly
Dec 01
Edaran Berhad (KLSE:EDARAN) Has Debt But No Earnings; Should You Worry?
Nov 25
Recent updates
Edaran Berhad's (KLSE:EDARAN) 66% Price Boost Is Out Of Tune With Revenues
Jan 04Edaran Berhad's (KLSE:EDARAN) Shares Not Telling The Full Story
Jul 31Estimating The Intrinsic Value Of Edaran Berhad (KLSE:EDARAN)
Aug 13Edaran Berhad (KLSE:EDARAN) Seems To Use Debt Quite Sensibly
Dec 01Calculating The Fair Value Of Edaran Berhad (KLSE:EDARAN)
Mar 25Edaran Berhad (KLSE:EDARAN) Has Debt But No Earnings; Should You Worry?
Nov 25Financial Position Analysis
Short Term Liabilities: EDARAN's short term assets (MYR39.9M) exceed its short term liabilities (MYR31.9M).
Long Term Liabilities: EDARAN's short term assets (MYR39.9M) exceed its long term liabilities (MYR10.6M).
Debt to Equity History and Analysis
Debt Level: EDARAN's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: EDARAN's debt to equity ratio has increased from 25.5% to 28.7% over the past 5 years.
Debt Coverage: EDARAN's debt is not well covered by operating cash flow (3%).
Interest Coverage: EDARAN's interest payments on its debt are well covered by EBIT (6.2x coverage).