Astino Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Astino Berhad has a total shareholder equity of MYR544.4M and total debt of MYR14.8M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are MYR594.9M and MYR50.5M respectively. Astino Berhad's EBIT is MYR47.5M making its interest coverage ratio -30.8. It has cash and short-term investments of MYR111.5M.
Key information
2.7%
Debt to equity ratio
RM14.76m
Debt
| Interest coverage ratio | -30.8x |
| Cash | RM111.46m |
| Equity | RM544.40m |
| Total liabilities | RM50.45m |
| Total assets | RM594.85m |
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 (MYR349.7M) exceed its short term liabilities (MYR34.8M).
Long Term Liabilities: ASTINO's short term assets (MYR349.7M) exceed its long term liabilities (MYR15.6M).
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 25.5% to 2.7% over the past 5 years.
Debt Coverage: ASTINO's debt is well covered by operating cash flow (313.4%).
Interest Coverage: ASTINO earns more interest than it pays, so coverage of interest payments is not a concern.