Artroniq Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Artroniq Berhad has a total shareholder equity of MYR42.5M and total debt of MYR2.9M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are MYR94.2M and MYR51.7M respectively.
Key information
6.9%
Debt to equity ratio
RM2.92m
Debt
| Interest coverage ratio | n/a |
| Cash | RM1.51m |
| Equity | RM42.49m |
| Total liabilities | RM51.73m |
| Total assets | RM94.22m |
Recent financial health updates
We Think Artroniq Berhad (KLSE:ARTRONIQ) Needs To Drive Business Growth Carefully
Jan 19
We're Keeping An Eye On Artroniq Berhad's (KLSE:ARTRONIQ) Cash Burn Rate
Oct 06Companies Like Artroniq Berhad (KLSE:ARTRONIQ) Can Afford To Invest In Growth
Apr 16Recent updates
More Unpleasant Surprises Could Be In Store For Artroniq Berhad's (KLSE:ARTRONIQ) Shares After Tumbling 42%
Jan 17Artroniq Berhad's (KLSE:ARTRONIQ) Shares Not Telling The Full Story
Jul 06Returns At Artroniq Berhad (KLSE:ARTRONIQ) Are On The Way Up
Nov 12Slowing Rates Of Return At Artroniq Berhad (KLSE:ARTRONIQ) Leave Little Room For Excitement
Jun 08We Think Artroniq Berhad (KLSE:ARTRONIQ) Needs To Drive Business Growth Carefully
Jan 19We're Keeping An Eye On Artroniq Berhad's (KLSE:ARTRONIQ) Cash Burn Rate
Oct 06Companies Like Artroniq Berhad (KLSE:ARTRONIQ) Can Afford To Invest In Growth
Apr 16The Artroniq Berhad (KLSE:ARTRONIQ) Share Price Has Soared 472%, Delighting Many Shareholders
Feb 04Financial Position Analysis
Short Term Liabilities: ARTRONIQ's short term assets (MYR71.8M) exceed its short term liabilities (MYR48.0M).
Long Term Liabilities: ARTRONIQ's short term assets (MYR71.8M) exceed its long term liabilities (MYR3.7M).
Debt to Equity History and Analysis
Debt Level: ARTRONIQ's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: ARTRONIQ's debt to equity ratio has reduced from 25.7% to 6.9% 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 ARTRONIQ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARTRONIQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.