Pappajack Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Pappajack Berhad has a total shareholder equity of MYR244.9M and total debt of MYR31.4M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are MYR285.9M and MYR41.0M respectively. Pappajack Berhad's EBIT is MYR31.2M making its interest coverage ratio 13.8. It has cash and short-term investments of MYR49.8M.
Key information
12.8%
Debt to equity ratio
RM31.38m
Debt
Interest coverage ratio | 13.8x |
Cash | RM49.78m |
Equity | RM244.88m |
Total liabilities | RM40.99m |
Total assets | RM285.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPJACK's short term assets (MYR271.6M) exceed its short term liabilities (MYR34.4M).
Long Term Liabilities: PPJACK's short term assets (MYR271.6M) exceed its long term liabilities (MYR6.6M).
Debt to Equity History and Analysis
Debt Level: PPJACK has more cash than its total debt.
Reducing Debt: PPJACK's debt to equity ratio has increased from 1.5% to 12.8% over the past 5 years.
Debt Coverage: PPJACK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PPJACK's interest payments on its debt are well covered by EBIT (13.8x coverage).