Aneka Jaringan Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Aneka Jaringan Holdings Berhad has a total shareholder equity of MYR93.6M and total debt of MYR65.0M, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are MYR245.9M and MYR152.3M respectively. Aneka Jaringan Holdings Berhad's EBIT is MYR4.0M making its interest coverage ratio 1. It has cash and short-term investments of MYR12.8M.
Key information
69.5%
Debt to equity ratio
RM65.03m
Debt
| Interest coverage ratio | 1x |
| Cash | RM12.81m |
| Equity | RM93.61m |
| Total liabilities | RM152.25m |
| Total assets | RM245.86m |
Recent financial health updates
Recent updates
Here's Why Aneka Jaringan Holdings Berhad (KLSE:ANEKA) Can Afford Some Debt
Jan 19
Estimating The Fair Value Of Aneka Jaringan Holdings Berhad (KLSE:ANEKA)
Aug 12Is There An Opportunity With Aneka Jaringan Holdings Berhad's (KLSE:ANEKA) 39% Undervaluation?
Apr 28Aneka Jaringan Holdings Berhad's (KLSE:ANEKA) Subdued P/E Might Signal An Opportunity
Feb 15We Wouldn't Rely On Aneka Jaringan Holdings Berhad's (KLSE:ANEKA) Statutory Earnings As A Guide
Jan 20
Financial Position Analysis
Short Term Liabilities: ANEKA's short term assets (MYR175.1M) exceed its short term liabilities (MYR136.3M).
Long Term Liabilities: ANEKA's short term assets (MYR175.1M) exceed its long term liabilities (MYR16.0M).
Debt to Equity History and Analysis
Debt Level: ANEKA's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: ANEKA's debt to equity ratio has increased from 43.1% to 69.5% 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 ANEKA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ANEKA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.7% per year.