Binastra Corporation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Binastra Berhad has a total shareholder equity of MYR254.2M and total debt of MYR3.4M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are MYR614.6M and MYR360.4M respectively. Binastra Berhad's EBIT is MYR108.7M making its interest coverage ratio 106.2. It has cash and short-term investments of MYR33.0M.
Key information
1.3%
Debt to equity ratio
RM 3.42m
Debt
| Interest coverage ratio | 106.2x |
| Cash | RM 33.03m |
| Equity | RM 254.24m |
| Total liabilities | RM 360.40m |
| Total assets | RM 614.64m |
Recent financial health updates
No updates
Recent updates
Binastra Corporation Berhad (KLSE:BNASTRA) Is Posting Solid Earnings, But It Is Not All Good News
Dec 26
Binastra Corporation Berhad's (KLSE:BNASTRA) 32% Jump Shows Its Popularity With Investors
Sep 05There's Reason For Concern Over Binastra Corporation Berhad's (KLSE:BNASTRA) Massive 31% Price Jump
May 21Why Binastra Corporation Berhad's (KLSE:BNASTRA) Earnings Are Weaker Than They Seem
Apr 01Financial Position Analysis
Short Term Liabilities: BNASTRA's short term assets (MYR568.9M) exceed its short term liabilities (MYR360.1M).
Long Term Liabilities: BNASTRA's short term assets (MYR568.9M) exceed its long term liabilities (MYR280.0K).
Debt to Equity History and Analysis
Debt Level: BNASTRA has more cash than its total debt.
Reducing Debt: BNASTRA's debt to equity ratio has reduced from 55.3% to 1.3% over the past 5 years.
Debt Coverage: BNASTRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BNASTRA's interest payments on its debt are well covered by EBIT (106.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 10:34 |
| End of Day Share Price | 2025/01/15 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
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
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Industry and Sector Metrics
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Analyst Sources
Binastra Corporation Berhad is covered by 4 analysts. 3 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 |
|---|---|
| Jia Lim | Affin Hwang Investment Bank |
| Jia Lim | Daiwa Securities Co. Ltd. |
| Hong Ng | Mercury Securities Sdn. Bhd |