Three-A Resources Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Three-A Resources Berhad has a total shareholder equity of MYR450.6M and total debt of MYR4.9M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are MYR505.7M and MYR55.1M respectively. Three-A Resources Berhad's EBIT is MYR57.9M making its interest coverage ratio 131.8. It has cash and short-term investments of MYR53.7M.
Key information
1.1%
Debt to equity ratio
RM4.90m
Debt
| Interest coverage ratio | 131.8x |
| Cash | RM53.70m |
| Equity | RM450.59m |
| Total liabilities | RM55.07m |
| Total assets | RM505.66m |
Recent financial health updates
Does Three-A Resources Berhad (KLSE:3A) Have A Healthy Balance Sheet?
May 13
Does Three-A Resources Berhad (KLSE:3A) Have A Healthy Balance Sheet?
Jun 13Three-A Resources Berhad (KLSE:3A) Seems To Use Debt Quite Sensibly
Mar 14Three-A Resources Berhad (KLSE:3A) Has A Pretty Healthy Balance Sheet
Dec 12Recent updates
Does Three-A Resources Berhad (KLSE:3A) Have A Healthy Balance Sheet?
May 13Three-A Resources Berhad (KLSE:3A) Has Some Way To Go To Become A Multi-Bagger
Feb 15Does Three-A Resources Berhad (KLSE:3A) Deserve A Spot On Your Watchlist?
Oct 07Some Investors May Be Worried About Three-A Resources Berhad's (KLSE:3A) Returns On Capital
Aug 30Does Three-A Resources Berhad (KLSE:3A) Have A Healthy Balance Sheet?
Jun 13Be Wary Of Three-A Resources Berhad (KLSE:3A) And Its Returns On Capital
Apr 14Three-A Resources Berhad (KLSE:3A) Seems To Use Debt Quite Sensibly
Mar 14A Look At Three-A Resources Berhad's (KLSE:3A) Share Price Returns
Feb 22Three-A Resources Berhad's (KLSE:3A) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 04We're Watching These Trends At Three-A Resources Berhad (KLSE:3A)
Jan 14
Is Three-A Resources Berhad's (KLSE:3A) Shareholder Ownership Skewed Towards Insiders?
Dec 27Three-A Resources Berhad (KLSE:3A) Has A Pretty Healthy Balance Sheet
Dec 12Three Things You Should Check Before Buying Three-A Resources Berhad (KLSE:3A) For Its Dividend
Nov 27Financial Position Analysis
Short Term Liabilities: 3A's short term assets (MYR263.6M) exceed its short term liabilities (MYR32.4M).
Long Term Liabilities: 3A's short term assets (MYR263.6M) exceed its long term liabilities (MYR22.7M).
Debt to Equity History and Analysis
Debt Level: 3A has more cash than its total debt.
Reducing Debt: 3A's debt to equity ratio has reduced from 6% to 1.1% over the past 5 years.
Debt Coverage: 3A's debt is well covered by operating cash flow (1632.8%).
Interest Coverage: 3A's interest payments on its debt are well covered by EBIT (131.8x coverage).