Axteria Group Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Axteria Group Berhad has a total shareholder equity of MYR148.0M and total debt of MYR20.6M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are MYR197.5M and MYR49.4M respectively. Axteria Group Berhad's EBIT is MYR1.6M making its interest coverage ratio 3.3. It has cash and short-term investments of MYR14.4M.

Key information

13.9%

Debt to equity ratio

RM20.59m

Debt

Interest coverage ratio	3.3x
Cash	RM14.44m
Equity	RM148.03m
Total liabilities	RM49.44m
Total assets	RM197.47m

Recent financial health updates

Recent updates

Would Axteria Group Berhad (KLSE:AXTERIA) Be Better Off With Less Debt?

Jul 18

Is Axteria Group Berhad (KLSE:AXTERIA) Using Too Much Debt?

Jan 11

Here's Why Axteria Group Berhad (KLSE:AXTERIA) Can Afford Some Debt

Sep 27

Is Axteria Group Berhad (KLSE:AXTERIA) A Risky Investment?

Sep 11

Here's Why Acoustech Berhad (KLSE:ACOSTEC) Can Afford Some Debt

May 28

Financial Position Analysis

Short Term Liabilities: AXTERIA's short term assets (MYR114.8M) exceed its short term liabilities (MYR30.1M).

Long Term Liabilities: AXTERIA's short term assets (MYR114.8M) exceed its long term liabilities (MYR19.3M).

Debt to Equity History and Analysis

Debt Level: AXTERIA's net debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: AXTERIA's debt to equity ratio has increased from 12.5% to 13.9% 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: AXTERIA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AXTERIA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.8% each year

Axteria Group Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Would Axteria Group Berhad (KLSE:AXTERIA) Be Better Off With Less Debt?

Is Axteria Group Berhad (KLSE:AXTERIA) Using Too Much Debt?

Here's Why Axteria Group Berhad (KLSE:AXTERIA) Can Afford Some Debt

Is Axteria Group Berhad (KLSE:AXTERIA) A Risky Investment?

Here's Why Acoustech Berhad (KLSE:ACOSTEC) Can Afford Some Debt

Recent updates

Full year 2023 earnings released: RM0.002 loss per share (vs RM0.021 loss in FY 2022)

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.004 loss in 3Q 2022)

Axteria Group Berhad Announces Resignation of Yee Wei Meng as Executive Director

Second quarter 2023 earnings released: EPS: RM0 (vs RM0.006 loss in 2Q 2022)

Axteria Group Berhad Appoints Tee (Tay) Eng Joo as Executive Director

Would Axteria Group Berhad (KLSE:AXTERIA) Be Better Off With Less Debt?

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0 in 1Q 2022)

Full year 2022 earnings released: RM0.024 loss per share (vs RM0.005 loss in FY 2021)

Axteria Group Berhad Announces Appointment of Woo Wai Onn @ Foo Wai Onn as Group Managing Director

Is Axteria Group Berhad (KLSE:AXTERIA) Using Too Much Debt?

Axteria Group Berhad Appoints Dato Abdullah Bin Abdul Mannan as Non Independent and Non Executive Deputy Chairman

Axteria Group Berhad Announces Resignation of Mr. Tee Kuan Hong as Executive Director, with Effect from December 30, 2022

Third quarter 2022 earnings released: RM0.004 loss per share (vs RM0.004 profit in 3Q 2021)

Axteria Group Berhad Announces the Appointment of Woo Wai Onn @ Foo Wai Onn as Group Chief Executive Officer

High number of new and inexperienced directors

Axteria Group Berhad Announces Resignation of Ong Li Tak as Executive Director, Date of Change 30 September 2022

Here's Why Axteria Group Berhad (KLSE:AXTERIA) Can Afford Some Debt

Second quarter 2022 earnings released: RM0.006 loss per share (vs RM0.009 loss in 2Q 2021)

Axteria Group Berhad Appoints Oon Min Hoon as Independent and Non Executive, Member of Audit Committee

First quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new directors

Axteria Group Berhad Announces Resignation of Teo En Chie as Independent and Non Executive Chairman of Remuneration Committee

High number of new directors

High number of new directors

Full year 2021 earnings: EPS and revenues miss analyst expectations

Axteria Group Berhad Appoints Mok Juan Chek as Independent and Non Executive Member of Audit Committee

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Second quarter 2021 earnings released: RM0.009 loss per share (vs RM0.006 loss in 2Q 2020)

Is Axteria Group Berhad (KLSE:AXTERIA) A Risky Investment?

Director Wei Yee has joined 3rd company board

Joint Company Secretary Wai Foong Wong has left the company

Joint Company Secretary Hooi Mooi Lim has left the company

Joint Company Secretary Yen Lau has left the company

First quarter 2021 earnings released: RM0.009 loss per share (vs RM0.009 loss in 1Q 2020)

Here's Why Acoustech Berhad (KLSE:ACOSTEC) Can Afford Some Debt

Non-Independent Non-Executive Chairman Ngai Leong has left the company

Independent Non Executive Director has left the company

Independent & Non Executive Director has left the company

Full year 2020 earnings released: RM0.13 loss per share (vs RM0.008 loss in FY 2019)

New 90-day high: RM0.33

Acoustech Berhad has completed a Follow-on Equity Offering in the amount of MYR 8.456372 million.

New 90-day low: RM0.20

Third quarter 2020 earnings released: RM0.03 loss per share

New 90-day low: RM0.22

New 90-day low: RM0.24

New 90-day low: RM0.28

New 90-day low - RM0.30

First half earnings released

New 90-day low - RM0.32

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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