Pasdec Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Pasdec Holdings Berhad has a total shareholder equity of MYR360.7M and total debt of MYR619.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are MYR377.0M and MYR16.2M respectively. Pasdec Holdings Berhad's EBIT is MYR2.3M making its interest coverage ratio -2.5. It has cash and short-term investments of MYR19.1M.
Key information
0.2%
Debt to equity ratio
RM619.00k
Debt
| Interest coverage ratio | -2.5x |
| Cash | RM19.12m |
| Equity | RM360.73m |
| Total liabilities | RM16.23m |
| Total assets | RM376.96m |
Recent financial health updates
Pasdec Holdings Berhad (KLSE:PASDEC) Has Debt But No Earnings; Should You Worry?
Dec 09
Pasdec Holdings Berhad (KLSE:PASDEC) Has Debt But No Earnings; Should You Worry?
Aug 23Is Pasdec Holdings Berhad (KLSE:PASDEC) Weighed On By Its Debt Load?
Mar 15Is Pasdec Holdings Berhad (KLSE:PASDEC) A Risky Investment?
Dec 01
Recent updates
Some Shareholders Feeling Restless Over Pasdec Holdings Berhad's (KLSE:PASDEC) P/E Ratio
Jan 22Pasdec Holdings Berhad (KLSE:PASDEC) Has Debt But No Earnings; Should You Worry?
Dec 09Pasdec Holdings Berhad (KLSE:PASDEC) Has Debt But No Earnings; Should You Worry?
Aug 23Calculating The Fair Value Of Pasdec Holdings Berhad (KLSE:PASDEC)
Apr 08Pasdec Holdings Berhad's (KLSE:PASDEC) Robust Earnings Are Not All Good News For Shareholders
Jun 11Is Pasdec Holdings Berhad (KLSE:PASDEC) Weighed On By Its Debt Load?
Mar 15Is Pasdec Holdings Berhad (KLSE:PASDEC) A Risky Investment?
Dec 01Financial Position Analysis
Short Term Liabilities: PASDEC's short term assets (MYR138.6M) exceed its short term liabilities (MYR15.0M).
Long Term Liabilities: PASDEC's short term assets (MYR138.6M) exceed its long term liabilities (MYR1.2M).
Debt to Equity History and Analysis
Debt Level: PASDEC has more cash than its total debt.
Reducing Debt: PASDEC's debt to equity ratio has reduced from 29.4% to 0.2% over the past 5 years.
Debt Coverage: PASDEC's debt is well covered by operating cash flow (676.6%).
Interest Coverage: PASDEC earns more interest than it pays, so coverage of interest payments is not a concern.