Pansar Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Pansar Berhad has a total shareholder equity of MYR326.4M and total debt of MYR248.2M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are MYR743.3M and MYR417.0M respectively. Pansar Berhad's EBIT is MYR32.6M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR36.6M.
Key information
76.1%
Debt to equity ratio
RM 248.23m
Debt
Interest coverage ratio | 2.7x |
Cash | RM 36.56m |
Equity | RM 326.36m |
Total liabilities | RM 416.95m |
Total assets | RM 743.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PANSAR-PA's short term assets (MYR599.1M) exceed its short term liabilities (MYR398.5M).
Long Term Liabilities: PANSAR-PA's short term assets (MYR599.1M) exceed its long term liabilities (MYR18.5M).
Debt to Equity History and Analysis
Debt Level: PANSAR-PA's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: PANSAR-PA's debt to equity ratio has increased from 13.8% to 76.1% over the past 5 years.
Debt Coverage: PANSAR-PA's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: PANSAR-PA's interest payments on its debt are not well covered by EBIT (2.7x coverage).