Epicon Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Epicon Berhad has a total shareholder equity of MYR66.1M and total debt of MYR13.6M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are MYR138.1M and MYR72.0M respectively. Epicon Berhad's EBIT is MYR79.5M making its interest coverage ratio 646.2. It has cash and short-term investments of MYR47.8M.
Key information
20.6%
Debt to equity ratio
RM13.61m
Debt
Interest coverage ratio | 646.2x |
Cash | RM47.82m |
Equity | RM66.09m |
Total liabilities | RM71.99m |
Total assets | RM138.07m |
Financial Position Analysis
Short Term Liabilities: EPICON's short term assets (MYR135.8M) exceed its short term liabilities (MYR71.7M).
Long Term Liabilities: EPICON's short term assets (MYR135.8M) exceed its long term liabilities (MYR263.0K).
Debt to Equity History and Analysis
Debt Level: EPICON has more cash than its total debt.
Reducing Debt: EPICON's debt to equity ratio has reduced from 77.6% to 20.6% over the past 5 years.
Debt Coverage: EPICON's debt is not well covered by operating cash flow (15%).
Interest Coverage: EPICON's interest payments on its debt are well covered by EBIT (646.2x coverage).