Fast Energy Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Fast Energy Holdings Berhad has a total shareholder equity of MYR134.6M and total debt of MYR5.9M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are MYR143.2M and MYR8.6M respectively.
Key information
4.4%
Debt to equity ratio
RM 5.90m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 17.78m |
| Equity | RM 134.61m |
| Total liabilities | RM 8.57m |
| Total assets | RM 143.18m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Fast Energy Holdings Berhad (KLSE:FAST)
Nov 01
Techfast Holdings Berhad's (KLSE:TECFAST) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 18
Are Strong Financial Prospects The Force That Is Driving The Momentum In Techfast Holdings Berhad's KLSE:TECFAST) Stock?
Nov 19Techfast Holdings Berhad's (KLSE:TECFAST) Shares May Have Run Too Fast Too Soon
Sep 24What We Learned About Techfast Holdings Berhad's (KLSE:TECFAST) CEO Compensation
Aug 21Are Strong Financial Prospects The Force That Is Driving The Momentum In Techfast Holdings Berhad's KLSE:TECFAST) Stock?
Jul 15Financial Position Analysis
Short Term Liabilities: FAST's short term assets (MYR70.9M) exceed its short term liabilities (MYR8.4M).
Long Term Liabilities: FAST's short term assets (MYR70.9M) exceed its long term liabilities (MYR126.0K).
Debt to Equity History and Analysis
Debt Level: FAST has more cash than its total debt.
Reducing Debt: FAST's debt to equity ratio has increased from 0% to 4.4% 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 FAST has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FAST is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.9% per year.