PETRONAS Chemicals Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
PETRONAS Chemicals Group Berhad has a total shareholder equity of MYR42.1B and total debt of MYR3.0B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are MYR60.2B and MYR18.1B respectively. PETRONAS Chemicals Group Berhad's EBIT is MYR2.2B making its interest coverage ratio 49. It has cash and short-term investments of MYR9.3B.
Key information
7.1%
Debt to equity ratio
RM2.97b
Debt
| Interest coverage ratio | 49x |
| Cash | RM9.27b |
| Equity | RM42.07b |
| Total liabilities | RM18.13b |
| Total assets | RM60.21b |
Recent financial health updates
Here's Why PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Manage Its Debt Responsibly
Apr 09
Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Using Too Much Debt?
Jan 05Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Using Too Much Debt?
Oct 05We Think PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Stay On Top Of Its Debt
Jun 28We Think PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Stay On Top Of Its Debt
Mar 23PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Has A Rock Solid Balance Sheet
Dec 06Recent updates
Calculating The Fair Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Apr 28Here's Why PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Manage Its Debt Responsibly
Apr 09PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Will Want To Turn Around Its Return Trends
Feb 09Is There An Opportunity With PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) 23% Undervaluation?
Jan 23Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Using Too Much Debt?
Jan 05PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Popularity With Investors Is Clear
Dec 18A Look At The Fair Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Oct 23Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Using Too Much Debt?
Oct 05Be Wary Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM) And Its Returns On Capital
Sep 17PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Is Reducing Its Dividend To MYR0.08
Aug 27Calculating The Intrinsic Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Jul 16We Think PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Stay On Top Of Its Debt
Jun 28Capital Allocation Trends At PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Aren't Ideal
Jun 09A Look At The Fair Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Apr 10We Think PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Can Stay On Top Of Its Debt
Mar 23The Returns At PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Aren't Growing
Feb 19A Look At The Fair Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Dec 23PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Has A Rock Solid Balance Sheet
Dec 06PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Has Some Way To Go To Become A Multi-Bagger
Nov 17Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Trading At A 48% Discount?
Sep 21Is PETRONAS Chemicals Group Berhad (KLSE:PCHEM) A Risky Investment?
Aug 21PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Has More To Do To Multiply In Value Going Forward
Aug 03PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Intrinsic Value Is Potentially 55% Above Its Share Price
Jun 07PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Seems To Use Debt Rather Sparingly
May 18There's Been No Shortage Of Growth Recently For PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Returns On Capital
May 01PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Is Increasing Its Dividend To RM0.23
Feb 27PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Has A Rock Solid Balance Sheet
Feb 05Returns On Capital At PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Have Stalled
Jan 17PETRONAS Chemicals Group Berhad's (KLSE:PCHEM) Intrinsic Value Is Potentially 28% Above Its Share Price
Nov 24PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Could Easily Take On More Debt
Oct 29Returns At PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Appear To Be Weighed Down
Oct 11PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Is Paying Out A Larger Dividend Than Last Year
Aug 27Calculating The Fair Value Of PETRONAS Chemicals Group Berhad (KLSE:PCHEM)
Aug 06Does PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Have A Healthy Balance Sheet?
Jul 19Capital Allocation Trends At PETRONAS Chemicals Group Berhad (KLSE:PCHEM) Aren't Ideal
Jun 29Financial Position Analysis
Short Term Liabilities: PCHEM's short term assets (MYR16.9B) exceed its short term liabilities (MYR8.9B).
Long Term Liabilities: PCHEM's short term assets (MYR16.9B) exceed its long term liabilities (MYR9.2B).
Debt to Equity History and Analysis
Debt Level: PCHEM has more cash than its total debt.
Reducing Debt: PCHEM's debt to equity ratio has increased from 6.9% to 7.1% over the past 5 years.
Debt Coverage: PCHEM's debt is well covered by operating cash flow (172.2%).
Interest Coverage: PCHEM's interest payments on its debt are well covered by EBIT (49x coverage).