Daythree Digital Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Daythree Digital Berhad has a total shareholder equity of MYR65.5M and total debt of MYR1.9M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR88.5M and MYR23.0M respectively. Daythree Digital Berhad's EBIT is MYR9.7M making its interest coverage ratio 37.3. It has cash and short-term investments of MYR25.9M.
Key information
2.9%
Debt to equity ratio
RM 1.90m
Debt
| Interest coverage ratio | 37.3x |
| Cash | RM 25.85m |
| Equity | RM 65.46m |
| Total liabilities | RM 23.05m |
| Total assets | RM 88.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DAY3's short term assets (MYR68.0M) exceed its short term liabilities (MYR11.7M).
Long Term Liabilities: DAY3's short term assets (MYR68.0M) exceed its long term liabilities (MYR11.4M).
Debt to Equity History and Analysis
Debt Level: DAY3 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DAY3's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DAY3's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DAY3's interest payments on its debt are well covered by EBIT (37.3x coverage).