Perdana Petroleum Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Perdana Petroleum Berhad has a total shareholder equity of MYR701.8M and total debt of MYR111.8M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are MYR926.9M and MYR225.1M respectively. Perdana Petroleum Berhad's EBIT is MYR103.5M making its interest coverage ratio 11.8. It has cash and short-term investments of MYR37.7M.
Key information
15.9%
Debt to equity ratio
RM111.85m
Debt
| Interest coverage ratio | 11.8x |
| Cash | RM37.67m |
| Equity | RM701.82m |
| Total liabilities | RM225.13m |
| Total assets | RM926.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERDANA-PA's short term assets (MYR217.0M) exceed its short term liabilities (MYR117.6M).
Long Term Liabilities: PERDANA-PA's short term assets (MYR217.0M) exceed its long term liabilities (MYR107.6M).
Debt to Equity History and Analysis
Debt Level: PERDANA-PA's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: PERDANA-PA's debt to equity ratio has reduced from 123.5% to 15.9% over the past 5 years.
Debt Coverage: PERDANA-PA's debt is well covered by operating cash flow (34.9%).
Interest Coverage: PERDANA-PA's interest payments on its debt are well covered by EBIT (11.8x coverage).