PTT Synergy Group Berhad Balance Sheet Health
Financial Health criteria checks 2/6
PTT Synergy Group Berhad has a total shareholder equity of MYR187.6M and total debt of MYR224.6M, which brings its debt-to-equity ratio to 119.7%. Its total assets and total liabilities are MYR879.8M and MYR692.2M respectively. PTT Synergy Group Berhad's EBIT is MYR16.1M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR7.1M.
Key information
119.7%
Debt to equity ratio
RM224.59m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM7.11m |
| Equity | RM187.55m |
| Total liabilities | RM692.20m |
| Total assets | RM879.75m |
Recent financial health updates
PTT Synergy Group Berhad (KLSE:PTT) Use Of Debt Could Be Considered Risky
Mar 05
Would Grand Hoover Berhad (KLSE:HOOVER) Be Better Off With Less Debt?
Dec 26
Recent updates
Financial Position Analysis
Short Term Liabilities: PTT's short term assets (MYR514.7M) exceed its short term liabilities (MYR340.0M).
Long Term Liabilities: PTT's short term assets (MYR514.7M) exceed its long term liabilities (MYR352.2M).
Debt to Equity History and Analysis
Debt Level: PTT's net debt to equity ratio (116%) is considered high.
Reducing Debt: PTT's debt to equity ratio has increased from 20.8% to 119.7% over the past 5 years.
Debt Coverage: PTT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PTT's interest payments on its debt are not well covered by EBIT (1.7x coverage).