Astro Malaysia Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Astro Malaysia Holdings Berhad has a total shareholder equity of MYR1.2B and total debt of MYR1.7B, which brings its debt-to-equity ratio to 150.8%. Its total assets and total liabilities are MYR5.7B and MYR4.5B respectively. Astro Malaysia Holdings Berhad's EBIT is MYR361.2M making its interest coverage ratio 2.2. It has cash and short-term investments of MYR790.5M.
Key information
150.8%
Debt to equity ratio
RM1.74b
Debt
| Interest coverage ratio | 2.2x |
| Cash | RM790.50m |
| Equity | RM1.15b |
| Total liabilities | RM4.51b |
| Total assets | RM5.66b |
Recent financial health updates
Here's Why Astro Malaysia Holdings Berhad (KLSE:ASTRO) Has A Meaningful Debt Burden
Sep 29
Does Astro Malaysia Holdings Berhad (KLSE:ASTRO) Have A Healthy Balance Sheet?
Sep 30Astro Malaysia Holdings Berhad (KLSE:ASTRO) Seems To Use Debt Quite Sensibly
Sep 08Is Astro Malaysia Holdings Berhad (KLSE:ASTRO) Using Too Much Debt?
Jun 10Recent updates
Returns On Capital Signal Difficult Times Ahead For Astro Malaysia Holdings Berhad (KLSE:ASTRO)
Mar 15There May Be Reason For Hope In Astro Malaysia Holdings Berhad's (KLSE:ASTRO) Disappointing Earnings
Dec 22Here's Why Astro Malaysia Holdings Berhad (KLSE:ASTRO) Has A Meaningful Debt Burden
Sep 29Returns On Capital At Astro Malaysia Holdings Berhad (KLSE:ASTRO) Paint A Concerning Picture
Jun 21Is It Time To Consider Buying Astro Malaysia Holdings Berhad (KLSE:ASTRO)?
May 31Astro Malaysia Holdings Berhad's (KLSE:ASTRO) Returns On Capital Not Reflecting Well On The Business
Mar 09Astro Malaysia Holdings Berhad (KLSE:ASTRO) Will Pay A Smaller Dividend Than Last Year
Dec 18What Does Astro Malaysia Holdings Berhad's (KLSE:ASTRO) Share Price Indicate?
Dec 01Does Astro Malaysia Holdings Berhad (KLSE:ASTRO) Have A Healthy Balance Sheet?
Sep 30Astro Malaysia Holdings Berhad's (KLSE:ASTRO) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Aug 17Astro Malaysia Holdings Berhad (KLSE:ASTRO) Has Announced That Its Dividend Will Be Reduced To RM0.02
Jun 29Astro Malaysia Holdings Berhad (KLSE:ASTRO) Will Pay A Smaller Dividend Than Last Year
May 25Astro Malaysia Holdings Berhad (KLSE:ASTRO) Will Pay A Dividend Of RM0.015
Apr 04Astro Malaysia Holdings Berhad (KLSE:ASTRO) Has Affirmed Its Dividend Of RM0.015
Dec 12Astro Malaysia Holdings Berhad (KLSE:ASTRO) Has Some Way To Go To Become A Multi-Bagger
Oct 21Astro Malaysia Holdings Berhad (KLSE:ASTRO) Is Due To Pay A Dividend Of RM0.015
Sep 24Astro Malaysia Holdings Berhad (KLSE:ASTRO) Seems To Use Debt Quite Sensibly
Sep 08Should You Think About Buying Astro Malaysia Holdings Berhad (KLSE:ASTRO) Now?
Jul 26Returns On Capital At Astro Malaysia Holdings Berhad (KLSE:ASTRO) Have Hit The Brakes
Jun 28Is Astro Malaysia Holdings Berhad (KLSE:ASTRO) Using Too Much Debt?
Jun 10Is It Time To Consider Buying Astro Malaysia Holdings Berhad (KLSE:ASTRO)?
Apr 11Returns At Astro Malaysia Holdings Berhad (KLSE:ASTRO) Appear To Be Weighed Down
Mar 29Financial Position Analysis
Short Term Liabilities: ASTRO's short term assets (MYR1.5B) exceed its short term liabilities (MYR1.3B).
Long Term Liabilities: ASTRO's short term assets (MYR1.5B) do not cover its long term liabilities (MYR3.3B).
Debt to Equity History and Analysis
Debt Level: ASTRO's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: ASTRO's debt to equity ratio has reduced from 376.2% to 150.8% over the past 5 years.
Debt Coverage: ASTRO's debt is well covered by operating cash flow (62.4%).
Interest Coverage: ASTRO's interest payments on its debt are not well covered by EBIT (2.2x coverage).