Protasco Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Protasco Berhad has a total shareholder equity of MYR358.5M and total debt of MYR229.0M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are MYR1.0B and MYR662.3M respectively. Protasco Berhad's EBIT is MYR78.9M making its interest coverage ratio 6.5. It has cash and short-term investments of MYR119.8M.
Key information
63.9%
Debt to equity ratio
RM 229.05m
Debt
| Interest coverage ratio | 6.5x |
| Cash | RM 119.75m |
| Equity | RM 358.50m |
| Total liabilities | RM 662.32m |
| Total assets | RM 1.02b |
Recent financial health updates
Protasco Berhad (KLSE:PRTASCO) Seems To Use Debt Quite Sensibly
Nov 29
Protasco Berhad (KLSE:PRTASCO) Has A Somewhat Strained Balance Sheet
Apr 09Is Protasco Berhad (KLSE:PRTASCO) Using Debt In A Risky Way?
Jul 17Is Protasco Berhad (KLSE:PRTASCO) A Risky Investment?
Mar 02Recent updates
Protasco Berhad (KLSE:PRTASCO) Shares Fly 35% But Investors Aren't Buying For Growth
Dec 01Protasco Berhad (KLSE:PRTASCO) Seems To Use Debt Quite Sensibly
Nov 29Protasco Berhad's (KLSE:PRTASCO) Shares Lagging The Industry But So Is The Business
Oct 15Protasco Berhad's (KLSE:PRTASCO) Returns On Capital Are Heading Higher
Aug 06Protasco Berhad (KLSE:PRTASCO) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Jul 01Protasco Berhad's (KLSE:PRTASCO) Price Is Right But Growth Is Lacking After Shares Rocket 29%
May 13Protasco Berhad (KLSE:PRTASCO) Has A Somewhat Strained Balance Sheet
Apr 09There's No Escaping Protasco Berhad's (KLSE:PRTASCO) Muted Revenues Despite A 49% Share Price Rise
Dec 27Protasco Berhad's (KLSE:PRTASCO) Revenues Are Not Doing Enough For Some Investors
Sep 26Is Protasco Berhad (KLSE:PRTASCO) Using Debt In A Risky Way?
Jul 17Is There Now An Opportunity In Protasco Berhad (KLSE:PRTASCO)?
Oct 13Return Trends At Protasco Berhad (KLSE:PRTASCO) Aren't Appealing
Jul 25Protasco Berhad (KLSE:PRTASCO) Is Finding It Tricky To Allocate Its Capital
Apr 05Here's What's Concerning About Protasco Berhad's (KLSE:PRTASCO) Returns On Capital
May 10Is Protasco Berhad (KLSE:PRTASCO) A Risky Investment?
Mar 02Is There More Growth In Store For Protasco Berhad's (KLSE:PRTASCO) Returns On Capital?
Jan 26What Is Protasco Berhad's (KLSE:PRTASCO) Share Price Doing?
Dec 22
Financial Position Analysis
Short Term Liabilities: PRTASCO's short term assets (MYR650.4M) exceed its short term liabilities (MYR596.1M).
Long Term Liabilities: PRTASCO's short term assets (MYR650.4M) exceed its long term liabilities (MYR66.2M).
Debt to Equity History and Analysis
Debt Level: PRTASCO's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: PRTASCO's debt to equity ratio has reduced from 108.9% to 63.9% over the past 5 years.
Debt Coverage: PRTASCO's debt is well covered by operating cash flow (20.1%).
Interest Coverage: PRTASCO's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:13 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Protasco Berhad is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chin Ng | AmInvestment Bank Berhad |
| Sharizan Rosely | CGS International |
| Ping Goh | Hong Leong Investment Bank Berhad |