Prestar Resources Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Prestar Resources Berhad has a total shareholder equity of MYR437.5M and total debt of MYR108.9M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are MYR586.5M and MYR149.0M respectively. Prestar Resources Berhad's EBIT is MYR25.6M making its interest coverage ratio 4.8. It has cash and short-term investments of MYR24.3M.
Key information
24.9%
Debt to equity ratio
RM 108.88m
Debt
| Interest coverage ratio | 4.8x |
| Cash | RM 24.29m |
| Equity | RM 437.49m |
| Total liabilities | RM 148.99m |
| Total assets | RM 586.48m |
Recent financial health updates
Here's Why Prestar Resources Berhad (KLSE:PRESTAR) Has A Meaningful Debt Burden
Jan 03
We Think Prestar Resources Berhad (KLSE:PRESTAR) Is Taking Some Risk With Its Debt
Sep 01Does Prestar Resources Berhad (KLSE:PRESTAR) Have A Healthy Balance Sheet?
May 10Prestar Resources Berhad (KLSE:PRESTAR) Is Carrying A Fair Bit Of Debt
Jan 01Recent updates
We Think Shareholders May Want To Consider A Review Of Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Package
Jun 05There's Been No Shortage Of Growth Recently For Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital
May 30Investors Don't See Light At End Of Prestar Resources Berhad's (KLSE:PRESTAR) Tunnel
Apr 21Returns On Capital Are Showing Encouraging Signs At Prestar Resources Berhad (KLSE:PRESTAR)
Feb 08Here's Why Prestar Resources Berhad (KLSE:PRESTAR) Has A Meaningful Debt Burden
Jan 03Here's Why I Think Prestar Resources Berhad (KLSE:PRESTAR) Is An Interesting Stock
Oct 14We Think Prestar Resources Berhad (KLSE:PRESTAR) Is Taking Some Risk With Its Debt
Sep 01Increases to Prestar Resources Berhad's (KLSE:PRESTAR) CEO Compensation Might Cool off for now
Jun 15Prestar Resources Berhad's (KLSE:PRESTAR) Returns On Capital Not Reflecting Well On The Business
Jun 01Does Prestar Resources Berhad (KLSE:PRESTAR) Have A Healthy Balance Sheet?
May 10The Trends At Prestar Resources Berhad (KLSE:PRESTAR) That You Should Know About
Mar 01Prestar Resources Berhad (KLSE:PRESTAR) Is Carrying A Fair Bit Of Debt
Jan 01Financial Position Analysis
Short Term Liabilities: PRESTAR's short term assets (MYR268.8M) exceed its short term liabilities (MYR128.6M).
Long Term Liabilities: PRESTAR's short term assets (MYR268.8M) exceed its long term liabilities (MYR20.4M).
Debt to Equity History and Analysis
Debt Level: PRESTAR's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: PRESTAR's debt to equity ratio has reduced from 64.6% to 24.9% over the past 5 years.
Debt Coverage: PRESTAR's debt is well covered by operating cash flow (33.4%).
Interest Coverage: PRESTAR's interest payments on its debt are well covered by EBIT (4.8x coverage).