Perdana Petroleum Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Perdana Petroleum Berhad has a total shareholder equity of MYR676.7M and total debt of MYR91.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are MYR894.1M and MYR217.5M respectively. Perdana Petroleum Berhad's EBIT is MYR177.2M making its interest coverage ratio 25.6. It has cash and short-term investments of MYR76.8M.
Key information
13.5%
Debt to equity ratio
RM 91.05m
Debt
| Interest coverage ratio | 25.6x |
| Cash | RM 76.80m |
| Equity | RM 676.65m |
| Total liabilities | RM 217.48m |
| Total assets | RM 894.14m |
Recent financial health updates
We Think Perdana Petroleum Berhad (KLSE:PERDANA) Can Manage Its Debt With Ease
Sep 28
These 4 Measures Indicate That Perdana Petroleum Berhad (KLSE:PERDANA) Is Using Debt Safely
Mar 26Is Perdana Petroleum Berhad (KLSE:PERDANA) Using Too Much Debt?
Nov 02Is Perdana Petroleum Berhad (KLSE:PERDANA) A Risky Investment?
Jan 28Is Perdana Petroleum Berhad (KLSE:PERDANA) A Risky Investment?
Aug 16Here's Why Perdana Petroleum Berhad (KLSE:PERDANA) Can Afford Some Debt
Apr 05Recent updates
We Think Perdana Petroleum Berhad (KLSE:PERDANA) Can Manage Its Debt With Ease
Sep 28Little Excitement Around Perdana Petroleum Berhad's (KLSE:PERDANA) Earnings As Shares Take 29% Pounding
Sep 09Subdued Growth No Barrier To Perdana Petroleum Berhad (KLSE:PERDANA) With Shares Advancing 26%
Jul 12Perdana Petroleum Berhad's (KLSE:PERDANA) Shares Bounce 29% But Its Business Still Trails The Market
May 27Perdana Petroleum Berhad's (KLSE:PERDANA) Solid Profits Have Weak Fundamentals
May 07Subdued Growth No Barrier To Perdana Petroleum Berhad (KLSE:PERDANA) With Shares Advancing 29%
Mar 29These 4 Measures Indicate That Perdana Petroleum Berhad (KLSE:PERDANA) Is Using Debt Safely
Mar 26Perdana Petroleum Berhad (KLSE:PERDANA) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Jan 29Is Perdana Petroleum Berhad (KLSE:PERDANA) Using Too Much Debt?
Nov 02A Look At The Intrinsic Value Of Perdana Petroleum Berhad (KLSE:PERDANA)
Aug 23Risks To Shareholder Returns Are Elevated At These Prices For Perdana Petroleum Berhad (KLSE:PERDANA)
Jul 03We Think Perdana Petroleum Berhad's (KLSE:PERDANA) Robust Earnings Are Conservative
Feb 22Is Perdana Petroleum Berhad (KLSE:PERDANA) A Risky Investment?
Jan 28Calculating The Intrinsic Value Of Perdana Petroleum Berhad (KLSE:PERDANA)
Oct 27Is Perdana Petroleum Berhad (KLSE:PERDANA) A Risky Investment?
Aug 16Here's Why Perdana Petroleum Berhad (KLSE:PERDANA) Can Afford Some Debt
Apr 05Health Check: How Prudently Does Perdana Petroleum Berhad (KLSE:PERDANA) Use Debt?
Nov 27Is Perdana Petroleum Berhad (KLSE:PERDANA) Using Too Much Debt?
Jun 04A Look At The Intrinsic Value Of Perdana Petroleum Berhad (KLSE:PERDANA)
Feb 18
We Think Perdana Petroleum Berhad (KLSE:PERDANA) Has A Fair Chunk Of Debt
Jan 08Financial Position Analysis
Short Term Liabilities: PERDANA's short term assets (MYR287.1M) exceed its short term liabilities (MYR124.5M).
Long Term Liabilities: PERDANA's short term assets (MYR287.1M) exceed its long term liabilities (MYR93.0M).
Debt to Equity History and Analysis
Debt Level: PERDANA's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: PERDANA's debt to equity ratio has reduced from 107.9% to 13.5% over the past 5 years.
Debt Coverage: PERDANA's debt is well covered by operating cash flow (180%).
Interest Coverage: PERDANA's interest payments on its debt are well covered by EBIT (25.6x coverage).