Sinaran Advance Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sinaran Advance Group Berhad has a total shareholder equity of MYR30.4M and total debt of MYR25.1M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are MYR90.9M and MYR60.6M respectively.
Key information
82.7%
Debt to equity ratio
RM 25.09m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 21.60m |
| Equity | RM 30.36m |
| Total liabilities | RM 60.59m |
| Total assets | RM 90.94m |
Recent financial health updates
No updates
Recent updates
Sinaran Advance Group Berhad's (KLSE:SINARAN) 27% Share Price Surge Not Quite Adding Up
May 27
Estimating The Fair Value Of Sinaran Advance Group Berhad (KLSE:SINARAN)
Aug 29Getting In Cheap On Sinaran Advance Group Berhad (KLSE:SINARAN) Is Unlikely
Jun 10Shareholders May Not Be So Generous With Sinaran Advance Group Berhad's (KLSE:SINARAN) CEO Compensation And Here's Why
Sep 17Financial Position Analysis
Short Term Liabilities: SINARAN's short term assets (MYR54.6M) do not cover its short term liabilities (MYR55.3M).
Long Term Liabilities: SINARAN's short term assets (MYR54.6M) exceed its long term liabilities (MYR5.3M).
Debt to Equity History and Analysis
Debt Level: SINARAN's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: SINARAN's debt to equity ratio has reduced from 170% to 82.7% 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, due to free cash flow being positive and growing by 1.4% per year.