Sinaran Advance Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Sinaran Advance Group Berhad has a total shareholder equity of MYR34.4M and total debt of MYR24.9M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are MYR96.2M and MYR61.8M respectively.
Key information
72.4%
Debt to equity ratio
RM24.95m
Debt
Interest coverage ratio | n/a |
Cash | RM25.20m |
Equity | RM34.44m |
Total liabilities | RM61.76m |
Total assets | RM96.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SINARAN's short term assets (MYR58.8M) exceed its short term liabilities (MYR56.4M).
Long Term Liabilities: SINARAN's short term assets (MYR58.8M) exceed its long term liabilities (MYR5.4M).
Debt to Equity History and Analysis
Debt Level: SINARAN has more cash than its total debt.
Reducing Debt: SINARAN's debt to equity ratio has reduced from 171.6% to 72.4% 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: Whilst unprofitable SINARAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SINARAN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.6% per year.