Advance Synergy Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Advance Synergy Berhad has a total shareholder equity of MYR466.7M and total debt of MYR127.2M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are MYR697.7M and MYR231.0M respectively.
Key information
27.3%
Debt to equity ratio
RM 127.25m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 112.54m |
| Equity | RM 466.66m |
| Total liabilities | RM 231.04m |
| Total assets | RM 697.69m |
Recent financial health updates
Would Advance Synergy Berhad (KLSE:ASB) Be Better Off With Less Debt?
Apr 17
Does Advance Synergy Berhad (KLSE:ASB) Have A Healthy Balance Sheet?
Jul 14Advance Synergy Berhad (KLSE:ASB) Is Carrying A Fair Bit Of Debt
Mar 16Health Check: How Prudently Does Advance Synergy Berhad (KLSE:ASB) Use Debt?
Nov 22Is Advance Synergy Berhad (KLSE:ASB) Using Debt In A Risky Way?
May 28Here's Why Advance Synergy Berhad (KLSE:ASB) Can Manage Its Debt Responsibly
Dec 19Recent updates
Would Advance Synergy Berhad (KLSE:ASB) Be Better Off With Less Debt?
Apr 17Take Care Before Jumping Onto Advance Synergy Berhad (KLSE:ASB) Even Though It's 26% Cheaper
Feb 29Does Advance Synergy Berhad (KLSE:ASB) Have A Healthy Balance Sheet?
Jul 14Advance Synergy Berhad (KLSE:ASB) Is Carrying A Fair Bit Of Debt
Mar 16Health Check: How Prudently Does Advance Synergy Berhad (KLSE:ASB) Use Debt?
Nov 22Is Advance Synergy Berhad (KLSE:ASB) Using Debt In A Risky Way?
May 28Is Advance Synergy Berhad (KLSE:ASB) A Future Multi-bagger?
Feb 12
Here's Why Advance Synergy Berhad (KLSE:ASB) Can Manage Its Debt Responsibly
Dec 19Financial Position Analysis
Short Term Liabilities: ASB's short term assets (MYR285.7M) exceed its short term liabilities (MYR123.1M).
Long Term Liabilities: ASB's short term assets (MYR285.7M) exceed its long term liabilities (MYR108.0M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: ASB's debt to equity ratio has reduced from 29.7% to 27.3% 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: ASB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASB has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 7.3% each year.