Astral Asia Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Astral Asia Berhad has a total shareholder equity of MYR239.9M and total debt of MYR19.9M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are MYR339.9M and MYR100.0M respectively.
Key information
8.3%
Debt to equity ratio
RM 19.88m
Debt
| Interest coverage ratio | n/a |
| Cash | -RM 472.00k |
| Equity | RM 239.85m |
| Total liabilities | RM 100.02m |
| Total assets | RM 339.87m |
Recent financial health updates
Is Astral Asia Berhad (KLSE:AASIA) Weighed On By Its Debt Load?
Jul 11
Is Astral Asia Berhad (KLSE:AASIA) Using Debt In A Risky Way?
Mar 28We 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) Weighed On By Its Debt Load?
Jul 11Is 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 (MYR4.2M) do not cover its short term liabilities (MYR8.8M).
Long Term Liabilities: AASIA's short term assets (MYR4.2M) do not cover its long term liabilities (MYR91.2M).
Debt to Equity History and Analysis
Debt Level: AASIA's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: AASIA's debt to equity ratio has increased from 4.3% to 8.3% 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: Insufficient data to determine if AASIA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: AASIA is forecast to have sufficient cash runway for -1 months based on free cash flow estimates, but has since raised additional capital.