Berjaya Assets Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Berjaya Assets Berhad has a total shareholder equity of MYR1.9B and total debt of MYR646.4M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are MYR3.1B and MYR1.2B respectively. Berjaya Assets Berhad's EBIT is MYR43.1M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR54.0M.
Key information
34.3%
Debt to equity ratio
RM646.39m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM54.05m |
| Equity | RM1.88b |
| Total liabilities | RM1.22b |
| Total assets | RM3.10b |
Recent financial health updates
Does Berjaya Assets Berhad (KLSE:BJASSET) Have A Healthy Balance Sheet?
Feb 02
Berjaya Assets Berhad (KLSE:BJASSET) Takes On Some Risk With Its Use Of Debt
Sep 27These 4 Measures Indicate That Berjaya Assets Berhad (KLSE:BJASSET) Is Using Debt Extensively
Dec 01Here's Why Berjaya Assets Berhad (KLSE:BJASSET) Is Weighed Down By Its Debt Load
Apr 15These 4 Measures Indicate That Berjaya Assets Berhad (KLSE:BJASSET) Is Using Debt Extensively
Dec 31Recent updates
Does Berjaya Assets Berhad (KLSE:BJASSET) Have A Healthy Balance Sheet?
Feb 02Berjaya Assets Berhad (KLSE:BJASSET) Takes On Some Risk With Its Use Of Debt
Sep 27A Look At The Fair Value Of Berjaya Assets Berhad (KLSE:BJASSET)
Jan 04These 4 Measures Indicate That Berjaya Assets Berhad (KLSE:BJASSET) Is Using Debt Extensively
Dec 01Be Wary Of Berjaya Assets Berhad (KLSE:BJASSET) And Its Returns On Capital
May 20Here's Why Berjaya Assets Berhad (KLSE:BJASSET) Is Weighed Down By Its Debt Load
Apr 15Update: Berjaya Assets Berhad (KLSE:BJASSET) Stock Gained 22% In The Last Year
Mar 11Is Berjaya Assets Berhad (KLSE:BJASSET) Shrinking?
Feb 04
These 4 Measures Indicate That Berjaya Assets Berhad (KLSE:BJASSET) Is Using Debt Extensively
Dec 31Berjaya Assets Berhad's(KLSE:BJASSET) Share Price Is Down 33% Over The Past Three Years.
Nov 26Financial Position Analysis
Short Term Liabilities: BJASSET's short term assets (MYR569.7M) exceed its short term liabilities (MYR350.1M).
Long Term Liabilities: BJASSET's short term assets (MYR569.7M) do not cover its long term liabilities (MYR869.9M).
Debt to Equity History and Analysis
Debt Level: BJASSET's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: BJASSET's debt to equity ratio has reduced from 36.8% to 34.3% 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 BJASSET has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BJASSET is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.9% per year.