WCE Holdings Berhad Balance Sheet Health

Financial Health criteria checks 1/6

WCE Holdings Berhad has a total shareholder equity of MYR961.1M and total debt of MYR4.3B, which brings its debt-to-equity ratio to 444.8%. Its total assets and total liabilities are MYR7.4B and MYR6.5B respectively.

Key information

444.8%

Debt to equity ratio

RM4.27b

Debt

Interest coverage ration/a
CashRM525.61m
EquityRM961.05m
Total liabilitiesRM6.47b
Total assetsRM7.43b

Recent financial health updates

Recent updates

Sentiment Still Eluding WCE Holdings Berhad (KLSE:WCEHB)

Apr 16
Sentiment Still Eluding WCE Holdings Berhad (KLSE:WCEHB)

Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?

Dec 26
Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?

WCE Holdings Berhad's (KLSE:WCEHB) 30% Price Boost Is Out Of Tune With Revenues

Dec 26
WCE Holdings Berhad's (KLSE:WCEHB) 30% Price Boost Is Out Of Tune With Revenues

Is WCE Holdings Berhad (KLSE:WCEHB) A Risky Investment?

Jul 07
Is WCE Holdings Berhad (KLSE:WCEHB) A Risky Investment?

WCE Holdings Berhad (KLSE:WCEHB) Has Debt But No Earnings; Should You Worry?

Apr 07
WCE Holdings Berhad (KLSE:WCEHB) Has Debt But No Earnings; Should You Worry?

Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?

May 17
Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?

If You Had Bought WCE Holdings Berhad's (KLSE:WCEHB) Shares Three Years Ago You Would Be Down 66%

Feb 24
If You Had Bought WCE Holdings Berhad's (KLSE:WCEHB) Shares Three Years Ago You Would Be Down 66%

The Trends At WCE Holdings Berhad (KLSE:WCEHB) That You Should Know About

Jan 13
The Trends At WCE Holdings Berhad (KLSE:WCEHB) That You Should Know About

What Type Of Shareholders Make Up WCE Holdings Berhad's (KLSE:WCEHB) Share Registry?

Dec 07
What Type Of Shareholders Make Up WCE Holdings Berhad's (KLSE:WCEHB) Share Registry?

Financial Position Analysis

Short Term Liabilities: WCEHB's short term assets (MYR570.0M) exceed its short term liabilities (MYR399.3M).

Long Term Liabilities: WCEHB's short term assets (MYR570.0M) do not cover its long term liabilities (MYR6.1B).


Debt to Equity History and Analysis

Debt Level: WCEHB's net debt to equity ratio (390.1%) is considered high.

Reducing Debt: WCEHB's debt to equity ratio has increased from 377.9% to 444.8% over the past 5 years.

Debt Coverage: WCEHB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if WCEHB's interest payments on its debt are well covered by EBIT.


Balance Sheet


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