Astral Asia Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Astral Asia Berhad has a total shareholder equity of MYR242.1M and total debt of MYR17.4M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are MYR341.3M and MYR99.2M respectively.
Key information
7.2%
Debt to equity ratio
RM17.43m
Debt
| Interest coverage ratio | n/a |
| Cash | RM2.51m |
| Equity | RM242.09m |
| Total liabilities | RM99.24m |
| Total assets | RM341.33m |
Recent financial health updates
Is Astral Asia Berhad (KLSE:AASIA) Using Debt In A Risky Way?
Mar 28
We Think Astral Asia Berhad (KLSE:AASIA) Is Taking Some Risk With Its Debt
Jul 21Here's Why Astral Asia Berhad (KLSE:AASIA) Has A Meaningful Debt Burden
Jan 20Is Astral Asia Berhad (KLSE:AASIA) A Risky Investment?
Apr 28Is Astral Asia Berhad (KLSE:AASIA) Using Too Much Debt?
Jan 11
Recent updates
Is Astral Asia Berhad (KLSE:AASIA) Using Debt In A Risky Way?
Mar 28Astral Asia Berhad (KLSE:AASIA) Has More To Do To Multiply In Value Going Forward
Sep 22We Think Astral Asia Berhad (KLSE:AASIA) Is Taking Some Risk With Its Debt
Jul 21Here's Why Astral Asia Berhad (KLSE:AASIA) Has A Meaningful Debt Burden
Jan 20Is Astral Asia Berhad (KLSE:AASIA) A Risky Investment?
Apr 28Is Astral Asia Berhad (KLSE:AASIA) Using Too Much Debt?
Jan 11Financial Position Analysis
Short Term Liabilities: AASIA's short term assets (MYR7.7M) do not cover its short term liabilities (MYR8.8M).
Long Term Liabilities: AASIA's short term assets (MYR7.7M) do not cover its long term liabilities (MYR90.4M).
Debt to Equity History and Analysis
Debt Level: AASIA's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: AASIA's debt to equity ratio has increased from 5.3% to 7.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AASIA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AASIA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.4% each year