Advance Synergy Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Advance Synergy Berhad has a total shareholder equity of MYR440.9M and total debt of MYR114.0M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are MYR645.3M and MYR204.4M respectively.
Key information
25.9%
Debt to equity ratio
RM 114.00m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 94.75m |
| Equity | RM 440.92m |
| Total liabilities | RM 204.41m |
| Total assets | RM 645.33m |
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 (MYR261.3M) exceed its short term liabilities (MYR101.7M).
Long Term Liabilities: ASB's short term assets (MYR261.3M) exceed its long term liabilities (MYR102.7M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: ASB's debt to equity ratio has reduced from 30.4% to 25.9% 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 2.1 years if free cash flow continues to reduce at historical rates of 13.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:09 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
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.
| Analyst | Institution |
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