Advance Synergy Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Advance Synergy Berhad has a total shareholder equity of MYR408.0M and total debt of MYR94.6M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are MYR594.6M and MYR186.6M respectively.
Key information
23.2%
Debt to equity ratio
RM 94.63m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 77.31m |
| Equity | RM 407.97m |
| Total liabilities | RM 186.63m |
| Total assets | RM 594.61m |
Recent financial health updates
Is Advance Synergy Berhad (KLSE:ASB) A Risky Investment?
Jan 21
Would Advance Synergy Berhad (KLSE:ASB) Be Better Off With Less Debt?
Apr 17Does 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 28Recent updates
Investors Continue Waiting On Sidelines For Advance Synergy Berhad (KLSE:ASB)
Apr 08Is Advance Synergy Berhad (KLSE:ASB) A Risky Investment?
Jan 21Would 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 (MYR260.8M) exceed its short term liabilities (MYR85.9M).
Long Term Liabilities: ASB's short term assets (MYR260.8M) exceed its long term liabilities (MYR100.7M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: ASB's debt to equity ratio has increased from 8.9% to 23.2% 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 ASB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ASB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/05 17:26 |
| End of Day Share Price | 2025/05/05 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Advance Synergy Berhad is covered by 0 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.