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

Recent updates

Does Edaran Berhad (KLSE:EDARAN) Have A Healthy Balance Sheet?

Aug 24

Edaran Berhad's (KLSE:EDARAN) 39% Share Price Surge Not Quite Adding Up

Jul 19

Edaran Berhad's (KLSE:EDARAN) 66% Price Boost Is Out Of Tune With Revenues

Jan 04

Edaran Berhad's (KLSE:EDARAN) Shares Not Telling The Full Story

Jul 31

Estimating The Intrinsic Value Of Edaran Berhad (KLSE:EDARAN)

Aug 13

Edaran Berhad (KLSE:EDARAN) Seems To Use Debt Quite Sensibly

Dec 01

Calculating The Fair Value Of Edaran Berhad (KLSE:EDARAN)

Mar 25

Edaran Berhad (KLSE:EDARAN) Has Debt But No Earnings; Should You Worry?

Nov 25

Financial 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).

Edaran Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Does Edaran Berhad (KLSE:EDARAN) Have A Healthy Balance Sheet?

Edaran Berhad (KLSE:EDARAN) Seems To Use Debt Quite Sensibly

Edaran Berhad (KLSE:EDARAN) Has Debt But No Earnings; Should You Worry?

Recent updates

Does Edaran Berhad (KLSE:EDARAN) Have A Healthy Balance Sheet?

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

Edaran Berhad's (KLSE:EDARAN) 39% Share Price Surge Not Quite Adding Up

Investor sentiment improves as stock rises 20%

Third quarter 2024 earnings released: EPS: RM0.02 (vs RM0.011 in 3Q 2023)

Second quarter 2024 earnings released: EPS: RM0.006 (vs RM0.022 in 2Q 2023)

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 20%

Upcoming dividend of RM0.03 per share at 1.3% yield

Edaran Berhad's (KLSE:EDARAN) 66% Price Boost Is Out Of Tune With Revenues

Edaran Berhad Announces Interim Tax Exempt (Single Tier) Dividend for the Financial Year Ending 30 June 2024, Payable on 02 February 2024

Edaran Berhad Announces Interim Tax Exempt (Single Tier) Dividend for the Financial Year Ending 30 June 2024, Payable on 02 February 2024

Edaran Berhad Announces Appointment of Dato' Sri Syed Ismail Bin Syed Azizan as Independent and Non Executive Effective December 1, 2023

First quarter 2024 earnings released: EPS: RM0.005 (vs RM0.017 loss in 1Q 2023)

New major risk - Share price stability

Edaran Berhad, Annual General Meeting, Nov 29, 2023

Full year 2023 earnings released: EPS: RM0.035 (vs RM0.009 in FY 2022)

Edaran Berhad's (KLSE:EDARAN) Shares Not Telling The Full Story

Third quarter 2023 earnings released: EPS: RM0.011 (vs RM0.001 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.022 (vs RM0.002 in 2Q 2022)

Insufficient new directors

Upcoming dividend of RM0.018 per share

Edaran Berhad Announces Interim Tax Exempt (Single Tier) Dividend for the Financial Year Ending 30 June 2023, Payable on February 03, 2023

First quarter 2023 earnings released: RM0.017 loss per share (vs RM0.002 profit in 1Q 2022)

Edaran Berhad, Annual General Meeting, Nov 30, 2022

Full year 2022 earnings released: EPS: RM0.009 (vs RM0.044 in FY 2021)

Now 20% undervalued after recent price drop

Estimating The Intrinsic Value Of Edaran Berhad (KLSE:EDARAN)

Now 21% undervalued

Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.02 in 3Q 2021)

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of RM0.018 per share

Edaran Berhad (KLSE:EDARAN) Seems To Use Debt Quite Sensibly

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: EPS RM0.044 (vs RM0.059 loss in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS RM0.02 (vs RM0.088 loss in 3Q 2020)

Calculating The Fair Value Of Edaran Berhad (KLSE:EDARAN)

Edaran Berhad Appoints Encik Wan Adlan Affandy Bin Wan Abdul Rahman as Non Independent and Non Executive Director

Upcoming Dividend of RM0.018 Per Share

Second quarter 2021 earnings released: EPS RM0.02 (vs RM0.007 in 2Q 2020)

Edaran Berhad Announces Redesignation of Datuk Mohd Shu'aib Bin Ishak from Executive Director to Director

New 90-day high: RM0.55

New 90-day high: RM0.53

New 90-day high: RM0.42

New 90-day high: RM0.41

Edaran Berhad (KLSE:EDARAN) Has Debt But No Earnings; Should You Worry?

First quarter 2021 earnings released: EPS RM0.018

New 90-day low: RM0.31

New 90-day high - RM0.41

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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