Astramina Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Astramina Group Berhad has a total shareholder equity of MYR58.5M and total debt of MYR6.3M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are MYR68.8M and MYR10.3M respectively. Astramina Group Berhad's EBIT is MYR5.5M making its interest coverage ratio 19.4. It has cash and short-term investments of MYR50.4M.
Key information
10.8%
Debt to equity ratio
RM 6.30m
Debt
| Interest coverage ratio | 19.4x |
| Cash | RM 50.45m |
| Equity | RM 58.45m |
| Total liabilities | RM 10.34m |
| Total assets | RM 68.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ASTRA's short term assets (MYR56.3M) exceed its short term liabilities (MYR4.0M).
Long Term Liabilities: ASTRA's short term assets (MYR56.3M) exceed its long term liabilities (MYR6.3M).
Debt to Equity History and Analysis
Debt Level: ASTRA has more cash than its total debt.
Reducing Debt: ASTRA's debt to equity ratio has increased from 3.9% to 10.8% over the past 5 years.
Debt Coverage: ASTRA's debt is well covered by operating cash flow (107.6%).
Interest Coverage: ASTRA's interest payments on its debt are well covered by EBIT (19.4x coverage).