Destini Berhad Financial Health

How is Destini Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DESTINI's short term assets (MYR239.9M) exceed its short term liabilities (MYR203.5M).

Long Term Liabilities: DESTINI's short term assets (MYR239.9M) exceed its long term liabilities (MYR14.5M).


Debt to Equity History and Analysis

Debt Level: DESTINI's net debt to equity ratio (6.5%) is considered satisfactory.

Reducing Debt: DESTINI's debt to equity ratio has reduced from 18.4% to 12.1% 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 36.6% per year.


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