Astino Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Astino Berhad has a total shareholder equity of MYR552.9M and total debt of MYR22.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are MYR623.0M and MYR70.1M respectively. Astino Berhad's EBIT is MYR43.1M making its interest coverage ratio 57. It has cash and short-term investments of MYR82.3M.
Key information
4.1%
Debt to equity ratio
RM 22.69m
Debt
| Interest coverage ratio | 57x |
| Cash | RM 82.27m |
| Equity | RM 552.89m |
| Total liabilities | RM 70.10m |
| Total assets | RM 622.99m |
Recent financial health updates
We Think Astino Berhad (KLSE:ASTINO) Can Manage Its Debt With Ease
Jun 07
These 4 Measures Indicate That Astino Berhad (KLSE:ASTINO) Is Using Debt Safely
Feb 08
Recent updates
Returns On Capital At Astino Berhad (KLSE:ASTINO) Paint A Concerning Picture
Oct 07We Think Some Shareholders May Hesitate To Increase Astino Berhad's (KLSE:ASTINO) CEO Compensation
Jan 05Astino Berhad's (KLSE:ASTINO) Returns Have Hit A Wall
Nov 17We Like These Underlying Return On Capital Trends At Astino Berhad (KLSE:ASTINO)
Jun 17With EPS Growth And More, Astino Berhad (KLSE:ASTINO) Is Interesting
Sep 01We Think Astino Berhad (KLSE:ASTINO) Can Manage Its Debt With Ease
Jun 07Returns On Capital Are Showing Encouraging Signs At Astino Berhad (KLSE:ASTINO)
Apr 03Astino Berhad (KLSE:ASTINO) Passed Our Checks, And It's About To Pay A RM0.015 Dividend
Mar 04Astino Berhad (KLSE:ASTINO) Vies For A Place In Your Dividend Portfolio: Here's Why
Feb 28These 4 Measures Indicate That Astino Berhad (KLSE:ASTINO) Is Using Debt Safely
Feb 08Astino Berhad (KLSE:ASTINO) Shareholders Booked A 36% Gain In The Last Five Years
Jan 21What Do The Returns On Capital At Astino Berhad (KLSE:ASTINO) Tell Us?
Jan 03How Much Did Astino Berhad's (KLSE:ASTINO) CEO Pocket Last Year?
Dec 17What To Know Before Buying Astino Berhad (KLSE:ASTINO) For Its Dividend
Nov 29Financial Position Analysis
Short Term Liabilities: ASTINO's short term assets (MYR324.3M) exceed its short term liabilities (MYR46.3M).
Long Term Liabilities: ASTINO's short term assets (MYR324.3M) exceed its long term liabilities (MYR23.8M).
Debt to Equity History and Analysis
Debt Level: ASTINO has more cash than its total debt.
Reducing Debt: ASTINO's debt to equity ratio has reduced from 20% to 4.1% over the past 5 years.
Debt Coverage: ASTINO's debt is well covered by operating cash flow (144.8%).
Interest Coverage: ASTINO's interest payments on its debt are well covered by EBIT (57x coverage).