Perdana Petroleum Berhad

KLSE:PERDANA-PA Stock Report

Market Cap: RM855.0m

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 ratio11.8x
CashRM37.67m
EquityRM701.82m
Total liabilitiesRM225.13m
Total assetsRM926.95m

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).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.