Pappajack Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Pappajack Berhad has a total shareholder equity of MYR259.3M and total debt of MYR39.3M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are MYR306.0M and MYR46.8M respectively. Pappajack Berhad's EBIT is MYR35.0M making its interest coverage ratio 20.8. It has cash and short-term investments of MYR31.7M.
Key information
15.2%
Debt to equity ratio
RM 39.29m
Debt
| Interest coverage ratio | 20.8x |
| Cash | RM 31.70m |
| Equity | RM 259.25m |
| Total liabilities | RM 46.79m |
| Total assets | RM 306.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPJACK's short term assets (MYR291.8M) exceed its short term liabilities (MYR40.0M).
Long Term Liabilities: PPJACK's short term assets (MYR291.8M) exceed its long term liabilities (MYR6.8M).
Debt to Equity History and Analysis
Debt Level: PPJACK's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: PPJACK's debt to equity ratio has increased from 6.3% to 15.2% 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 (20.8x coverage).