Ajiya Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Ajiya Berhad has a total shareholder equity of MYR640.5M and total debt of MYR1.8M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are MYR720.6M and MYR80.1M respectively. Ajiya Berhad's EBIT is MYR22.3M making its interest coverage ratio -10.5. It has cash and short-term investments of MYR143.9M.
Key information
0.3%
Debt to equity ratio
RM 1.80m
Debt
| Interest coverage ratio | -10.5x |
| Cash | RM 143.93m |
| Equity | RM 640.54m |
| Total liabilities | RM 80.10m |
| Total assets | RM 720.64m |
Recent financial health updates
Does Ajiya Berhad (KLSE:AJIYA) Have A Healthy Balance Sheet?
Feb 10
Health Check: How Prudently Does Ajiya Berhad (KLSE:AJIYA) Use Debt?
Jan 17Recent updates
Does Ajiya Berhad (KLSE:AJIYA) Have A Healthy Balance Sheet?
Feb 10Here's Why We Think Ajiya Berhad (KLSE:AJIYA) Is Well Worth Watching
Oct 26Here's What's Concerning About Ajiya Berhad's (KLSE:AJIYA) Returns On Capital
Dec 30Here's What's Concerning About Ajiya Berhad's (KLSE:AJIYA) Returns On Capital
Sep 07Weak Statutory Earnings May Not Tell The Whole Story For Ajiya Berhad (KLSE:AJIYA)
Apr 27Health Check: How Prudently Does Ajiya Berhad (KLSE:AJIYA) Use Debt?
Jan 17Financial Position Analysis
Short Term Liabilities: AJIYA's short term assets (MYR423.9M) exceed its short term liabilities (MYR53.8M).
Long Term Liabilities: AJIYA's short term assets (MYR423.9M) exceed its long term liabilities (MYR26.3M).
Debt to Equity History and Analysis
Debt Level: AJIYA has more cash than its total debt.
Reducing Debt: AJIYA's debt to equity ratio has increased from 0.1% to 0.3% over the past 5 years.
Debt Coverage: AJIYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AJIYA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:15 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Ajiya Berhad is covered by 1 analysts. 0 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 |
|---|---|
| Vi Lim | OSK-DMG |