Resources Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Resources Holdings Berhad has a total shareholder equity of MYR191.7M and total debt of MYR92.8M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are MYR317.9M and MYR126.3M respectively. Resources Holdings Berhad's EBIT is MYR61.7M making its interest coverage ratio 17.2. It has cash and short-term investments of MYR53.2M.
Key information
48.4%
Debt to equity ratio
RM92.77m
Debt
| Interest coverage ratio | 17.2x |
| Cash | RM53.22m |
| Equity | RM191.70m |
| Total liabilities | RM126.25m |
| Total assets | RM317.95m |
Recent financial health updates
Recent updates
Resources Holdings Berhad (KLSE:PTRB) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 03
We Think Resources Holdings Berhad (KLSE:PTRB) Can Manage Its Debt With Ease
Jan 22With EPS Growth And More, Resources Holdings Berhad (KLSE:PTRB) Makes An Interesting Case
Oct 02Estimating The Intrinsic Value Of PT Resources Holdings Berhad (KLSE:PTRB)
Mar 17Financial Position Analysis
Short Term Liabilities: PTRB's short term assets (MYR261.8M) exceed its short term liabilities (MYR112.6M).
Long Term Liabilities: PTRB's short term assets (MYR261.8M) exceed its long term liabilities (MYR13.7M).
Debt to Equity History and Analysis
Debt Level: PTRB's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PTRB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PTRB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PTRB's interest payments on its debt are well covered by EBIT (17.2x coverage).