PETRONAS Dagangan Berhad Balance Sheet Health
Financial Health criteria checks 6/6
PETRONAS Dagangan Berhad has a total shareholder equity of MYR5.9B and total debt of MYR1,000.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are MYR11.7B and MYR5.8B respectively. PETRONAS Dagangan Berhad's EBIT is MYR1.3B making its interest coverage ratio 138.3. It has cash and short-term investments of MYR3.1B.
Key information
0.02%
Debt to equity ratio
RM 1.00m
Debt
| Interest coverage ratio | 138.3x |
| Cash | RM 3.12b |
| Equity | RM 5.91b |
| Total liabilities | RM 5.76b |
| Total assets | RM 11.66b |
Recent financial health updates
PETRONAS Dagangan Berhad (KLSE:PETDAG) Has A Pretty Healthy Balance Sheet
Jan 25
Here's Why PETRONAS Dagangan Berhad (KLSE:PETDAG) Can Manage Its Debt Responsibly
Sep 17These 4 Measures Indicate That PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Using Debt Safely
May 28We Think PETRONAS Dagangan Berhad (KLSE:PETDAG) Can Manage Its Debt With Ease
Feb 10Is PETRONAS Dagangan Berhad (KLSE:PETDAG) Using Too Much Debt?
Nov 09PETRONAS Dagangan Berhad (KLSE:PETDAG) Could Easily Take On More Debt
Aug 06Recent updates
Getting In Cheap On PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Unlikely
Oct 28PETRONAS Dagangan Berhad (KLSE:PETDAG) Shares Could Be 34% Above Their Intrinsic Value Estimate
Sep 12Getting In Cheap On PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Unlikely
Jul 30PETRONAS Dagangan Berhad's (KLSE:PETDAG) Returns Have Hit A Wall
May 14PETRONAS Dagangan Berhad Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 03Here's Why We Think PETRONAS Dagangan Berhad (KLSE:PETDAG) Might Deserve Your Attention Today
Feb 14Investors Met With Slowing Returns on Capital At PETRONAS Dagangan Berhad (KLSE:PETDAG)
Dec 20Here's Why PETRONAS Dagangan Berhad (KLSE:PETDAG) Has Caught The Eye Of Investors
Sep 26PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Increasing Its Dividend To MYR0.18
Aug 30Returns On Capital At PETRONAS Dagangan Berhad (KLSE:PETDAG) Have Hit The Brakes
Aug 14Here's Why We Think PETRONAS Dagangan Berhad (KLSE:PETDAG) Might Deserve Your Attention Today
Jun 28Returns On Capital At PETRONAS Dagangan Berhad (KLSE:PETDAG) Have Hit The Brakes
May 10PETRONAS Dagangan Berhad's (KLSE:PETDAG) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 24PETRONAS Dagangan Berhad (KLSE:PETDAG) Has A Pretty Healthy Balance Sheet
Jan 25Investors Could Be Concerned With PETRONAS Dagangan Berhad's (KLSE:PETDAG) Returns On Capital
Dec 30PETRONAS Dagangan Berhad's (KLSE:PETDAG) Intrinsic Value Is Potentially 93% Above Its Share Price
Nov 01Here's Why PETRONAS Dagangan Berhad (KLSE:PETDAG) Can Manage Its Debt Responsibly
Sep 17PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Increasing Its Dividend To MYR0.11
Aug 26Investors Could Be Concerned With PETRONAS Dagangan Berhad's (KLSE:PETDAG) Returns On Capital
Aug 09PETRONAS Dagangan Berhad's (KLSE:PETDAG) Dividend Is Being Reduced To RM0.05
May 30These 4 Measures Indicate That PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Using Debt Safely
May 28PETRONAS Dagangan Berhad (KLSE:PETDAG) Will Be Hoping To Turn Its Returns On Capital Around
May 05PETRONAS Dagangan Berhad (KLSE:PETDAG) Is Increasing Its Dividend To RM0.26
Feb 24We Think PETRONAS Dagangan Berhad (KLSE:PETDAG) Can Manage Its Debt With Ease
Feb 10Capital Allocation Trends At PETRONAS Dagangan Berhad (KLSE:PETDAG) Aren't Ideal
Jan 20PETRONAS Dagangan Berhad (KLSE:PETDAG) Has Announced That It Will Be Increasing Its Dividend To RM0.20
Nov 29Is PETRONAS Dagangan Berhad (KLSE:PETDAG) Using Too Much Debt?
Nov 09The Returns At PETRONAS Dagangan Berhad (KLSE:PETDAG) Aren't Growing
Oct 18PETRONAS Dagangan Berhad's (KLSE:PETDAG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25PETRONAS Dagangan Berhad (KLSE:PETDAG) Could Easily Take On More Debt
Aug 06Returns On Capital At PETRONAS Dagangan Berhad (KLSE:PETDAG) Paint A Concerning Picture
Jul 16Financial Position Analysis
Short Term Liabilities: PETDAG's short term assets (MYR7.6B) exceed its short term liabilities (MYR5.5B).
Long Term Liabilities: PETDAG's short term assets (MYR7.6B) exceed its long term liabilities (MYR206.9M).
Debt to Equity History and Analysis
Debt Level: PETDAG has more cash than its total debt.
Reducing Debt: PETDAG's debt to equity ratio has reduced from 0.7% to 0.02% over the past 5 years.
Debt Coverage: PETDAG's debt is well covered by operating cash flow (130860.6%).
Interest Coverage: PETDAG's interest payments on its debt are well covered by EBIT (138.3x coverage).