Daythree Digital Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Daythree Digital Berhad has a total shareholder equity of MYR65.6M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR87.8M and MYR22.1M respectively. Daythree Digital Berhad's EBIT is MYR11.5M making its interest coverage ratio 16.1. It has cash and short-term investments of MYR31.5M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 16.1x |
| Cash | RM31.52m |
| Equity | RM65.62m |
| Total liabilities | RM22.15m |
| Total assets | RM87.77m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DAY3's short term assets (MYR67.9M) exceed its short term liabilities (MYR9.6M).
Long Term Liabilities: DAY3's short term assets (MYR67.9M) exceed its long term liabilities (MYR12.5M).
Debt to Equity History and Analysis
Debt Level: DAY3 is debt free.
Reducing Debt: DAY3 had no debt 5 years ago.
Debt Coverage: DAY3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DAY3 has no debt, therefore coverage of interest payments is not a concern.