Envictus International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Envictus International Holdings has a total shareholder equity of MYR172.8M and total debt of MYR122.4M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are MYR523.1M and MYR350.3M respectively. Envictus International Holdings's EBIT is MYR11.3M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR24.0M.
Key information
70.9%
Debt to equity ratio
RM 122.44m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM 24.03m |
| Equity | RM 172.81m |
| Total liabilities | RM 350.32m |
| Total assets | RM 523.13m |
Recent financial health updates
We Think Envictus International Holdings (SGX:BQD) Is Taking Some Risk With Its Debt
Sep 26
Is Envictus International Holdings (SGX:BQD) Using Too Much Debt?
Jun 15These 4 Measures Indicate That Envictus International Holdings (SGX:BQD) Is Using Debt In A Risky Way
Feb 03Is Envictus International Holdings (SGX:BQD) Using Debt In A Risky Way?
Sep 05Is Envictus International Holdings (SGX:BQD) Using Too Much Debt?
Dec 01Envictus International Holdings (SGX:BQD) Has Debt But No Earnings; Should You Worry?
May 13Recent updates
Envictus International Holdings' (SGX:BQD) Returns On Capital Are Heading Higher
May 31We Think Envictus International Holdings (SGX:BQD) Is Taking Some Risk With Its Debt
Sep 26Investors Appear Satisfied With Envictus International Holdings Limited's (SGX:BQD) Prospects As Shares Rocket 28%
Aug 23Envictus International Holdings' (SGX:BQD) Returns On Capital Are Heading Higher
Aug 03Is Envictus International Holdings (SGX:BQD) Using Too Much Debt?
Jun 15We Like These Underlying Return On Capital Trends At Envictus International Holdings (SGX:BQD)
Mar 17These 4 Measures Indicate That Envictus International Holdings (SGX:BQD) Is Using Debt In A Risky Way
Feb 03Is Envictus International Holdings (SGX:BQD) Using Debt In A Risky Way?
Sep 05Is Envictus International Holdings (SGX:BQD) Using Too Much Debt?
Dec 01Envictus International Holdings (SGX:BQD) Has Debt But No Earnings; Should You Worry?
May 13Is Envictus International Holdings (SGX:BQD) Using Too Much Debt?
Dec 30
Financial Position Analysis
Short Term Liabilities: BQD's short term assets (MYR159.6M) do not cover its short term liabilities (MYR187.3M).
Long Term Liabilities: BQD's short term assets (MYR159.6M) do not cover its long term liabilities (MYR163.0M).
Debt to Equity History and Analysis
Debt Level: BQD's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: BQD's debt to equity ratio has increased from 40% to 70.9% 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: Whilst unprofitable BQD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BQD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.3% per year.