Classita Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Classita Holdings Berhad has a total shareholder equity of MYR192.1M and total debt of MYR7.3M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are MYR219.9M and MYR27.8M respectively.
Key information
3.8%
Debt to equity ratio
RM7.32m
Debt
| Interest coverage ratio | n/a |
| Cash | RM89.39m |
| Equity | RM192.11m |
| Total liabilities | RM27.83m |
| Total assets | RM219.94m |
Recent financial health updates
Classita Holdings Berhad (KLSE:CLASSITA) Has Debt But No Earnings; Should You Worry?
Mar 14
Is Classita Holdings Berhad (KLSE:CLASSITA) Using Debt Sensibly?
Nov 24Recent updates
Classita Holdings Berhad (KLSE:CLASSITA) Has Debt But No Earnings; Should You Worry?
Mar 14Is Classita Holdings Berhad (KLSE:CLASSITA) Using Debt Sensibly?
Nov 24Classita Holdings Berhad (KLSE:CLASSITA) Shares May Have Slumped 34% But Getting In Cheap Is Still Unlikely
Jun 13Classita Holdings Berhad (KLSE:CLASSITA) Is Looking To Continue Growing Its Returns On Capital
Jun 07Estimating The Intrinsic Value Of Classita Holdings Berhad (KLSE:CLASSITA)
Jan 04Financial Position Analysis
Short Term Liabilities: CLASSITA's short term assets (MYR181.3M) exceed its short term liabilities (MYR16.4M).
Long Term Liabilities: CLASSITA's short term assets (MYR181.3M) exceed its long term liabilities (MYR11.4M).
Debt to Equity History and Analysis
Debt Level: CLASSITA has more cash than its total debt.
Reducing Debt: CLASSITA's debt to equity ratio has reduced from 28.8% to 3.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CLASSITA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CLASSITA has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 14.2% each year.