Destini Berhad Financial Health
How is Destini Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
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.
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.