Destini Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Destini Berhad has a total shareholder equity of MYR105.3M and total debt of MYR11.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are MYR310.0M and MYR204.7M respectively.
Key information
10.5%
Debt to equity ratio
RM11.02m
Debt
| Interest coverage ratio | n/a |
| Cash | RM15.97m |
| Equity | RM105.30m |
| Total liabilities | RM204.74m |
| Total assets | RM310.04m |
Recent financial health updates
Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?
Aug 09
Is Destini Berhad (KLSE:DESTINI) Using Debt Sensibly?
Mar 19Destini Berhad (KLSE:DESTINI) Is Carrying A Fair Bit Of Debt
Sep 06Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?
May 18Destini Berhad (KLSE:DESTINI) Is Making Moderate Use Of Debt
May 26Here's Why Destini Berhad (KLSE:DESTINI) Can Afford Some Debt
Jan 26
Recent updates
Investors Don't See Light At End Of Destini Berhad's (KLSE:DESTINI) Tunnel And Push Stock Down 27%
Mar 25Lacklustre Performance Is Driving Destini Berhad's (KLSE:DESTINI) 57% Price Drop
Feb 09Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?
Aug 09There's No Escaping Destini Berhad's (KLSE:DESTINI) Muted Revenues
Jun 08Is Destini Berhad (KLSE:DESTINI) Using Debt Sensibly?
Mar 19Destini Berhad (KLSE:DESTINI) Is Carrying A Fair Bit Of Debt
Sep 06Is Destini Berhad (KLSE:DESTINI) Using Too Much Debt?
May 18A Look At The Fair Value Of Destini Berhad (KLSE:DESTINI)
Dec 27A Look At The Intrinsic Value Of Destini Berhad (KLSE:DESTINI)
Jul 29Upgrade: The Latest Revenue Forecasts For Destini Berhad (KLSE:DESTINI)
Jun 02Destini Berhad (KLSE:DESTINI) Is Making Moderate Use Of Debt
May 26Downgrade: What You Need To Know About The Latest Destini Berhad (KLSE:DESTINI) Forecasts
Apr 03Did The Underlying Business Drive Destini Berhad's (KLSE:DESTINI) Lovely 338% Share Price Gain?
Mar 16Here's Why Destini Berhad (KLSE:DESTINI) Can Afford Some Debt
Jan 26Is Destini Berhad's (KLSE:DESTINI) Shareholder Ownership Skewed Towards Insiders?
Dec 22Analysts Just Shaved Their Destini Berhad (KLSE:DESTINI) Forecasts Dramatically
Dec 01A Look At The Fair Value Of Destini Berhad (KLSE:DESTINI)
Nov 30Financial Position Analysis
Short Term Liabilities: DESTINI's short term assets (MYR185.0M) exceed its short term liabilities (MYR175.8M).
Long Term Liabilities: DESTINI's short term assets (MYR185.0M) exceed its long term liabilities (MYR29.0M).
Debt to Equity History and Analysis
Debt Level: DESTINI has more cash than its total debt.
Reducing Debt: DESTINI's debt to equity ratio has reduced from 27.7% to 10.5% 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: Whilst unprofitable DESTINI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DESTINI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.5% per year.