AYS Ventures Berhad Balance Sheet Health
Financial Health criteria checks 3/6
AYS Ventures Berhad has a total shareholder equity of MYR474.1M and total debt of MYR458.1M, which brings its debt-to-equity ratio to 96.6%. Its total assets and total liabilities are MYR1.1B and MYR656.9M respectively. AYS Ventures Berhad's EBIT is MYR55.7M making its interest coverage ratio 2.4. It has cash and short-term investments of MYR39.5M.
Key information
96.6%
Debt to equity ratio
RM458.12m
Debt
| Interest coverage ratio | 2.4x |
| Cash | RM39.45m |
| Equity | RM474.14m |
| Total liabilities | RM656.91m |
| Total assets | RM1.13b |
Recent financial health updates
Is AYS Ventures Berhad (KLSE:AYS) Using Too Much Debt?
Mar 09
These 4 Measures Indicate That AYS Ventures Berhad (KLSE:AYS) Is Using Debt Reasonably Well
Oct 26Here's Why AYS Ventures Berhad (KLSE:AYS) Has A Meaningful Debt Burden
Jun 10Here's Why AYS Ventures Berhad (KLSE:AYS) Is Weighed Down By Its Debt Load
Feb 25AYS Ventures Berhad (KLSE:AYS) Has No Shortage Of Debt
Nov 25
Recent updates
AYS Ventures Berhad (KLSE:AYS) Has Some Way To Go To Become A Multi-Bagger
Feb 21We Like AYS Ventures Berhad's (KLSE:AYS) Returns And Here's How They're Trending
Oct 28Calculating The Fair Value Of AYS Ventures Berhad (KLSE:AYS)
Jun 28AYS Ventures Berhad (KLSE:AYS) Knows How To Allocate Capital Effectively
May 13Is AYS Ventures Berhad (KLSE:AYS) Using Too Much Debt?
Mar 09Why We Like The Returns At AYS Ventures Berhad (KLSE:AYS)
Jan 31AYS Ventures Berhad's (KLSE:AYS) Earnings Are Of Questionable Quality
Nov 30These 4 Measures Indicate That AYS Ventures Berhad (KLSE:AYS) Is Using Debt Reasonably Well
Oct 26Returns on Capital Paint A Bright Future For AYS Ventures Berhad (KLSE:AYS)
Aug 26Here's Why AYS Ventures Berhad (KLSE:AYS) Has A Meaningful Debt Burden
Jun 10Here's What's Concerning About AYS Ventures Berhad's (KLSE:AYS) Returns On Capital
Apr 19Here's Why AYS Ventures Berhad (KLSE:AYS) Is Weighed Down By Its Debt Load
Feb 25Is AYS Ventures Berhad (KLSE:AYS) Set To Make A Turnaround?
Jan 17AYS Ventures Berhad (KLSE:AYS) Has No Shortage Of Debt
Nov 25Financial Position Analysis
Short Term Liabilities: AYS's short term assets (MYR926.7M) exceed its short term liabilities (MYR596.5M).
Long Term Liabilities: AYS's short term assets (MYR926.7M) exceed its long term liabilities (MYR60.4M).
Debt to Equity History and Analysis
Debt Level: AYS's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: AYS's debt to equity ratio has reduced from 99.7% to 96.6% over the past 5 years.
Debt Coverage: AYS's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: AYS's interest payments on its debt are not well covered by EBIT (2.4x coverage).