ASTEEL Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ASTEEL Group Berhad has a total shareholder equity of MYR80.0M and total debt of MYR116.4M, which brings its debt-to-equity ratio to 145.5%. Its total assets and total liabilities are MYR241.6M and MYR161.6M respectively.
Key information
145.5%
Debt to equity ratio
RM116.38m
Debt
| Interest coverage ratio | n/a |
| Cash | RM31.85m |
| Equity | RM80.00m |
| Total liabilities | RM161.61m |
| Total assets | RM241.61m |
Recent financial health updates
Health Check: How Prudently Does ASTEEL Group Berhad (KLSE:ASTEEL) Use Debt?
Mar 05
Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?
Nov 22Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?
Aug 18Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?
Mar 03Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?
Oct 17Is YKGI Holdings Berhad (KLSE:YKGI) A Risky Investment?
Apr 08Recent updates
Health Check: How Prudently Does ASTEEL Group Berhad (KLSE:ASTEEL) Use Debt?
Mar 05Investors Could Be Concerned With ASTEEL Group Berhad's (KLSE:ASTEEL) Returns On Capital
Dec 28Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?
Nov 22Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?
Aug 18Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?
Mar 03Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?
Oct 17Is YKGI Holdings Berhad (KLSE:YKGI) A Risky Investment?
Apr 08Investors Will Want YKGI Holdings Berhad's (KLSE:YKGI) Growth In ROCE To Persist
Sep 21YKGI Holdings Berhad's (KLSE:YKGI) Solid Profits Have Weak Fundamentals
Aug 12We Think Some Shareholders May Hesitate To Increase YKGI Holdings Berhad's (KLSE:YKGI) CEO Compensation
Jun 16Here's What To Make Of YKGI Holdings Berhad's (KLSE:YKGI) Decelerating Rates Of Return
Jun 15These 4 Measures Indicate That YKGI Holdings Berhad (KLSE:YKGI) Is Using Debt In A Risky Way
Apr 20Can YKGI Holdings Berhad (KLSE:YKGI) Continue To Grow Its Returns On Capital?
Mar 03How Much Is YKGI Holdings Berhad (KLSE:YKGI) Paying Its CEO?
Dec 30Financial Position Analysis
Short Term Liabilities: ASTEEL's short term assets (MYR153.3M) exceed its short term liabilities (MYR132.9M).
Long Term Liabilities: ASTEEL's short term assets (MYR153.3M) exceed its long term liabilities (MYR28.7M).
Debt to Equity History and Analysis
Debt Level: ASTEEL's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: ASTEEL's debt to equity ratio has reduced from 310.9% to 145.5% 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: ASTEEL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ASTEEL has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 10.8% each year.