A-Rank Berhad Balance Sheet Health
Financial Health criteria checks 2/6
A-Rank Berhad has a total shareholder equity of MYR165.1M and total debt of MYR102.4M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are MYR327.0M and MYR161.8M respectively. A-Rank Berhad's EBIT is MYR14.7M making its interest coverage ratio 2.5. It has cash and short-term investments of MYR26.6M.
Key information
62.0%
Debt to equity ratio
RM102.45m
Debt
Interest coverage ratio | 2.5x |
Cash | RM26.62m |
Equity | RM165.11m |
Total liabilities | RM161.84m |
Total assets | RM326.95m |
Recent financial health updates
Here's Why A-Rank Berhad (KLSE:ARANK) Has A Meaningful Debt Burden
Sep 07A-Rank Berhad (KLSE:ARANK) Takes On Some Risk With Its Use Of Debt
May 04Recent updates
A-Rank Berhad's (KLSE:ARANK) Dividend Will Be Reduced To MYR0.025
Dec 05A-Rank Berhad's (KLSE:ARANK) Dividend Will Be Reduced To MYR0.025
Nov 05Estimating The Fair Value Of A-Rank Berhad (KLSE:ARANK)
Jan 31A-Rank Berhad (KLSE:ARANK) Will Pay A Larger Dividend Than Last Year At MYR0.0275
Nov 06A-Rank Berhad's (KLSE:ARANK) Upcoming Dividend Will Be Larger Than Last Year's
Nov 05Here's Why A-Rank Berhad (KLSE:ARANK) Has A Meaningful Debt Burden
Sep 07A-Rank Berhad (KLSE:ARANK) Takes On Some Risk With Its Use Of Debt
May 04Know This Before Buying A-Rank Berhad (KLSE:ARANK) For Its Dividend
Mar 01The Trends At A-Rank Berhad (KLSE:ARANK) That You Should Know About
Jan 23Here's Why We Don't Think A-Rank Berhad's (KLSE:ARANK) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 27Is A-Rank Berhad's (KLSE:ARANK) 3.5% Dividend Sustainable?
Dec 01Financial Position Analysis
Short Term Liabilities: ARANK's short term assets (MYR238.8M) exceed its short term liabilities (MYR112.9M).
Long Term Liabilities: ARANK's short term assets (MYR238.8M) exceed its long term liabilities (MYR48.9M).
Debt to Equity History and Analysis
Debt Level: ARANK's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: ARANK's debt to equity ratio has increased from 34% to 62% over the past 5 years.
Debt Coverage: ARANK's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: ARANK's interest payments on its debt are not well covered by EBIT (2.5x coverage).