Astral Asia Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Astral Asia Berhad has a total shareholder equity of MYR240.3M and total debt of MYR17.9M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are MYR339.2M and MYR98.9M respectively.
Key information
7.4%
Debt to equity ratio
RM 17.88m
Debt
Interest coverage ratio | n/a |
Cash | RM 543.00k |
Equity | RM 240.31m |
Total liabilities | RM 98.90m |
Total assets | RM 339.21m |
Recent financial health 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 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 11Recent 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 (MYR4.9M) do not cover its short term liabilities (MYR8.7M).
Long Term Liabilities: AASIA's short term assets (MYR4.9M) do not cover its long term liabilities (MYR90.2M).
Debt to Equity History and Analysis
Debt Level: AASIA's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: AASIA's debt to equity ratio has increased from 4.3% to 7.4% 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 12.2% each year