Northeast Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Northeast Group Berhad has a total shareholder equity of MYR156.5M and total debt of MYR35.6M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are MYR207.0M and MYR50.5M respectively. Northeast Group Berhad's EBIT is MYR20.6M making its interest coverage ratio 13.8. It has cash and short-term investments of MYR87.1M.
Key information
22.7%
Debt to equity ratio
RM 35.56m
Debt
| Interest coverage ratio | 13.8x |
| Cash | RM 87.06m |
| Equity | RM 156.49m |
| Total liabilities | RM 50.51m |
| Total assets | RM 207.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NE's short term assets (MYR114.9M) exceed its short term liabilities (MYR11.5M).
Long Term Liabilities: NE's short term assets (MYR114.9M) exceed its long term liabilities (MYR39.0M).
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 (42.6%).
Interest Coverage: NE's interest payments on its debt are well covered by EBIT (13.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 18:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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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
Northeast Group Berhad is covered by 2 analysts. 1 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 |
|---|---|
| Siao Lee | Public Investment Bank Berhad |
| Chee-Wai Chong | UOB Kay Hian Research Pte Ltd |