CN Asia Corporation Bhd Balance Sheet Health
Financial Health criteria checks 3/6
CN Asia Bhd has a total shareholder equity of MYR43.0M and total debt of MYR7.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are MYR56.2M and MYR13.3M respectively.
Key information
16.7%
Debt to equity ratio
RM7.17m
Debt
Interest coverage ratio | n/a |
Cash | RM12.46m |
Equity | RM42.97m |
Total liabilities | RM13.27m |
Total assets | RM56.24m |
Financial Position Analysis
Short Term Liabilities: CNASIA's short term assets (MYR41.7M) exceed its short term liabilities (MYR10.2M).
Long Term Liabilities: CNASIA's short term assets (MYR41.7M) exceed its long term liabilities (MYR3.0M).
Debt to Equity History and Analysis
Debt Level: CNASIA has more cash than its total debt.
Reducing Debt: CNASIA's debt to equity ratio has increased from 4.3% to 16.7% 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: Insufficient data to determine if CNASIA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CNASIA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.