Fm some Analyst finds out that
Debt Impact on Operations**
- Reneuco is under **PN17 (financial distress) status** and faces multiple legal challenges, including creditor lawsuits and asset seizures (e.g., a subsidiary's MYR 140 million loan default led to receivership) .
- The company is attempting **debt restructuring** and has sought court protection to negotiate with creditors .

Some of the analyst views stock health and resilience

### 2. **Debt-to-Equity Ratio**
- The company's **debt-to-equity ratio is extremely high at 191.69%** (or 182.1% in another report), indicating heavy reliance on borrowing compared to shareholder equity .
- This ratio has worsened over the past five years, rising from 30.2% to the current level .

### 3. **Debt Composition**
- **Short-term liabilities**: MYR 179.2 million (not fully covered by short-term assets of MYR 114.3 million) .
- **Long-term liabilities**: MYR 289.7 million, including significant borrowings for projects like renewable energy and logistics .

### 4. **Interest Coverage & Financial Health**
- The company's **interest coverage ratio is "n/a"**, suggesting it lacks sufficient earnings to service its debt comfortably .
- Its **net debt-to-equity ratio is 172.7%**, classified as "high risk" by analysts .

Market Performance & Investor Sentiment.
-Share Price Collapse.
The stock plummeted 68.2% in early 2024 and trades at RM0.02 as of August 2025), reflecting extreme market skepticism .

-Low Liquidity
Trading volumes are thin, increasing volatility risks for remaining investors.