Northeast Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Northeast Group Berhad has a total shareholder equity of MYR252.0M and total debt of MYR12.8M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are MYR288.8M and MYR36.7M respectively. Northeast Group Berhad's EBIT is MYR18.9M making its interest coverage ratio 80.6. It has cash and short-term investments of MYR156.0M.
Key information
5.08%
Debt to equity ratio
RM 12.81m
Debt
| Interest coverage ratio | 80.6x |
| Cash | RM 156.04m |
| Equity | RM 252.01m |
| Total liabilities | RM 36.75m |
| Total assets | RM 288.76m |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Northeast Group Berhad's (KLSE:NE) Prospects As Shares Rocket 33%
Oct 01
Does Northeast Group Berhad (KLSE:NE) Have A Healthy Balance Sheet?
Sep 23Brokers Are Upgrading Their Views On Northeast Group Berhad (KLSE:NE) With These New Forecasts
Aug 28Calculating The Fair Value Of Northeast Group Berhad (KLSE:NE)
Aug 27Why Investors Shouldn't Be Surprised By Northeast Group Berhad's (KLSE:NE) 38% Share Price Surge
Jul 03Investors Appear Satisfied With Northeast Group Berhad's (KLSE:NE) Prospects As Shares Rocket 28%
May 07With A 26% Price Drop For Northeast Group Berhad (KLSE:NE) You'll Still Get What You Pay For
Feb 21Financial Position Analysis
Short Term Liabilities: NE's short term assets (MYR194.1M) exceed its short term liabilities (MYR18.3M).
Long Term Liabilities: NE's short term assets (MYR194.1M) exceed its long term liabilities (MYR18.4M).
Debt to Equity History and Analysis
Debt Level: NE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NE's debt is well covered by operating cash flow (198.9%).
Interest Coverage: NE's interest payments on its debt are well covered by EBIT (80.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/22 23:31 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/09/30 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Northeast Group Berhad is covered by 5 analysts. 2 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 |
|---|---|
| Ley Yee Low | Malacca Securities Sdn Bhd |
| Lucas Sim | Maybank Research Pte. Ltd. |
| Siao Lee | Public Investment Bank Berhad |