BTM Resources Berhad Balance Sheet Health
Financial Health criteria checks 6/6
BTM Resources Berhad has a total shareholder equity of MYR69.4M and total debt of MYR2.3M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are MYR88.2M and MYR18.8M respectively.
Key information
3.4%
Debt to equity ratio
RM 2.34m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 23.59m |
| Equity | RM 69.40m |
| Total liabilities | RM 18.80m |
| Total assets | RM 88.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTM's short term assets (MYR34.3M) exceed its short term liabilities (MYR16.5M).
Long Term Liabilities: BTM's short term assets (MYR34.3M) exceed its long term liabilities (MYR2.3M).
Debt to Equity History and Analysis
Debt Level: BTM has more cash than its total debt.
Reducing Debt: BTM's debt to equity ratio has reduced from 8.9% to 3.4% 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: Whilst unprofitable BTM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BTM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.8% per year.