WCE Holdings Berhad Balance Sheet Health
Financial Health criteria checks 1/6
WCE Holdings Berhad has a total shareholder equity of MYR860.4M and total debt of MYR4.3B, which brings its debt-to-equity ratio to 502.4%. Its total assets and total liabilities are MYR7.4B and MYR6.6B respectively. WCE Holdings Berhad's EBIT is MYR3.4M making its interest coverage ratio 0. It has cash and short-term investments of MYR326.7M.
Key information
502.4%
Debt to equity ratio
RM 4.32b
Debt
| Interest coverage ratio | 0.02x |
| Cash | RM 326.70m |
| Equity | RM 860.41m |
| Total liabilities | RM 6.59b |
| Total assets | RM 7.45b |
Recent financial health updates
Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?
Dec 26
Is WCE Holdings Berhad (KLSE:WCEHB) A Risky Investment?
Jul 07WCE Holdings Berhad (KLSE:WCEHB) Has Debt But No Earnings; Should You Worry?
Apr 07Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?
May 17Recent updates
The Return Trends At WCE Holdings Berhad (KLSE:WCEHB) Look Promising
Sep 17Sentiment Still Eluding WCE Holdings Berhad (KLSE:WCEHB)
Apr 16Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?
Dec 26WCE Holdings Berhad's (KLSE:WCEHB) 30% Price Boost Is Out Of Tune With Revenues
Dec 26Is WCE Holdings Berhad (KLSE:WCEHB) A Risky Investment?
Jul 07WCE Holdings Berhad (KLSE:WCEHB) Has Debt But No Earnings; Should You Worry?
Apr 07Does WCE Holdings Berhad (KLSE:WCEHB) Have A Healthy Balance Sheet?
May 17If You Had Bought WCE Holdings Berhad's (KLSE:WCEHB) Shares Three Years Ago You Would Be Down 66%
Feb 24The Trends At WCE Holdings Berhad (KLSE:WCEHB) That You Should Know About
Jan 13
What Type Of Shareholders Make Up WCE Holdings Berhad's (KLSE:WCEHB) Share Registry?
Dec 07Financial Position Analysis
Short Term Liabilities: WCEHB's short term assets (MYR390.1M) exceed its short term liabilities (MYR378.7M).
Long Term Liabilities: WCEHB's short term assets (MYR390.1M) do not cover its long term liabilities (MYR6.2B).
Debt to Equity History and Analysis
Debt Level: WCEHB's net debt to equity ratio (464.4%) is considered high.
Reducing Debt: WCEHB's debt to equity ratio has increased from 403.3% to 502.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WCEHB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WCEHB has less than a year of cash runway if free cash flow continues to grow at historical rates of 16% each year.