5E Resources Balance Sheet Health
Financial Health criteria checks 6/6
5E Resources has a total shareholder equity of MYR111.6M and total debt of MYR2.7M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are MYR138.2M and MYR26.6M respectively. 5E Resources's EBIT is MYR26.2M making its interest coverage ratio -20.2. It has cash and short-term investments of MYR64.0M.
Key information
2.4%
Debt to equity ratio
RM2.73m
Debt
Interest coverage ratio | -20.2x |
Cash | RM63.99m |
Equity | RM111.60m |
Total liabilities | RM26.59m |
Total assets | RM138.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLC's short term assets (MYR76.2M) exceed its short term liabilities (MYR13.1M).
Long Term Liabilities: NLC's short term assets (MYR76.2M) exceed its long term liabilities (MYR13.5M).
Debt to Equity History and Analysis
Debt Level: NLC has more cash than its total debt.
Reducing Debt: NLC's debt to equity ratio has reduced from 49.4% to 2.4% over the past 5 years.
Debt Coverage: NLC's debt is well covered by operating cash flow (845.4%).
Interest Coverage: NLC earns more interest than it pays, so coverage of interest payments is not a concern.