PETRONAS Gas Berhad Balance Sheet Health
Financial Health criteria checks 5/6
PETRONAS Gas Berhad has a total shareholder equity of MYR14.7B and total debt of MYR2.0B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are MYR19.6B and MYR4.9B respectively. PETRONAS Gas Berhad's EBIT is MYR2.2B making its interest coverage ratio 29.6. It has cash and short-term investments of MYR1.5B.
Key information
13.33%
Debt to equity ratio
RM 1.97b
Debt
| Interest coverage ratio | 29.6x |
| Cash | RM 1.52b |
| Equity | RM 14.75b |
| Total liabilities | RM 4.89b |
| Total assets | RM 19.64b |
Recent financial health updates
Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...We Think PETRONAS Gas Berhad (KLSE:PETGAS) Can Manage Its Debt With Ease
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Recent updates
The Returns On Capital At PETRONAS Gas Berhad (KLSE:PETGAS) Don't Inspire Confidence
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Estimating The Fair Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Key Insights Using the 2 Stage Free Cash Flow to Equity, PETRONAS Gas Berhad fair value estimate is RM15.53 Current...Subdued Growth No Barrier To PETRONAS Gas Berhad's (KLSE:PETGAS) Price
When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 14x, you may consider...PETRONAS Gas Berhad (KLSE:PETGAS) Has More To Do To Multiply In Value Going Forward
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...We Think PETRONAS Gas Berhad (KLSE:PETGAS) Can Manage Its Debt With Ease
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
AI And Infrastructure Developments Will Shape Malaysia's Energy Future
With consensus forecasts for both revenue growth (1.3% p.a.) and net profit margin (29.88%) effectively unchanged, analysts have maintained PETRONAS Gas Berhad's fair value at MYR18.75 per share. What's in the News Board to consider and approve the appointment of Izwan bin Ismail as Non-Independent Non-Executive Director.
Anticipated Demand Surge And Carbon Tax Innovations Power Future Growth
Expansion of power generation and natural gas infrastructure could increase future revenue and capacity utilization, leveraging the demand shift from coal to gas.Financial Position Analysis
Short Term Liabilities: PETGAS's short term assets (MYR2.5B) exceed its short term liabilities (MYR1.3B).
Long Term Liabilities: PETGAS's short term assets (MYR2.5B) do not cover its long term liabilities (MYR3.6B).
Debt to Equity History and Analysis
Debt Level: PETGAS's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: PETGAS's debt to equity ratio has reduced from 14.2% to 13.3% over the past 5 years.
Debt Coverage: PETGAS's debt is well covered by operating cash flow (153.6%).
Interest Coverage: PETGAS's interest payments on its debt are well covered by EBIT (29.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/08 17:21 |
| End of Day Share Price | 2026/07/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PETRONAS Gas Berhad is covered by 23 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chee Chow | Affin Hwang Investment Bank |
| Khir Goh | AmInvestment Bank Berhad |
| null null | BIMB Securities Sdn. Bhd |