Asian Pac Holdings Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Asian Pac Holdings Berhad has a total shareholder equity of MYR1.1B and total debt of MYR564.3M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are MYR2.1B and MYR1.1B respectively. Asian Pac Holdings Berhad's EBIT is MYR32.4M making its interest coverage ratio 1.1. It has cash and short-term investments of MYR60.7M.
Key information
52.3%
Debt to equity ratio
RM564.30m
Debt
| Interest coverage ratio | 1.1x |
| Cash | RM60.66m |
| Equity | RM1.08b |
| Total liabilities | RM1.06b |
| Total assets | RM2.14b |
Recent financial health updates
Does Asian Pac Holdings Berhad (KLSE:ASIAPAC) Have A Healthy Balance Sheet?
Jul 27
These 4 Measures Indicate That Asian Pac Holdings Berhad (KLSE:ASIAPAC) Is Using Debt Extensively
Nov 29Here's Why Asian Pac Holdings Berhad (KLSE:ASIAPAC) Has A Meaningful Debt Burden
Jun 21Asian Pac Holdings Berhad (KLSE:ASIAPAC) Has Debt But No Earnings; Should You Worry?
Feb 15Does Asian Pac Holdings Berhad (KLSE:ASIAPAC) Have A Healthy Balance Sheet?
Sep 08Asian Pac Holdings Berhad (KLSE:ASIAPAC) Seems To Be Using A Lot Of Debt
May 25Recent updates
Does Asian Pac Holdings Berhad (KLSE:ASIAPAC) Have A Healthy Balance Sheet?
Jul 27These 4 Measures Indicate That Asian Pac Holdings Berhad (KLSE:ASIAPAC) Is Using Debt Extensively
Nov 29Calculating The Fair Value Of Asian Pac Holdings Berhad (KLSE:ASIAPAC)
Aug 12Here's Why Asian Pac Holdings Berhad (KLSE:ASIAPAC) Has A Meaningful Debt Burden
Jun 21Asian Pac Holdings Berhad (KLSE:ASIAPAC) Has Debt But No Earnings; Should You Worry?
Feb 15Does Asian Pac Holdings Berhad (KLSE:ASIAPAC) Have A Healthy Balance Sheet?
Sep 08Asian Pac Holdings Berhad (KLSE:ASIAPAC) Seems To Be Using A Lot Of Debt
May 25How Should Investors Feel About Asian Pac Holdings Berhad's (KLSE:ASIAPAC) CEO Remuneration?
Feb 21Is Asian Pac Holdings Berhad (KLSE:ASIAPAC) Using Too Much Debt?
Jan 25
Should You Use Asian Pac Holdings Berhad's (KLSE:ASIAPAC) Statutory Earnings To Analyse It?
Dec 29How Much Is Asian Pac Holdings Berhad's (KLSE:ASIAPAC) CEO Getting Paid?
Nov 22Financial Position Analysis
Short Term Liabilities: ASIAPAC's short term assets (MYR390.8M) exceed its short term liabilities (MYR309.8M).
Long Term Liabilities: ASIAPAC's short term assets (MYR390.8M) do not cover its long term liabilities (MYR752.5M).
Debt to Equity History and Analysis
Debt Level: ASIAPAC's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: ASIAPAC's debt to equity ratio has increased from 33.5% to 52.3% over the past 5 years.
Debt Coverage: ASIAPAC's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: ASIAPAC's interest payments on its debt are not well covered by EBIT (1.1x coverage).