Rapid Synergy Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Rapid Synergy Berhad has a total shareholder equity of MYR195.9M and total debt of MYR59.9M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are MYR295.3M and MYR99.4M respectively.
Key information
30.58%
Debt to equity ratio
RM 59.92m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 4.35m |
| Equity | RM 195.94m |
| Total liabilities | RM 99.40m |
| Total assets | RM 295.34m |
Recent financial health updates
Rapid Synergy Berhad (KLSE:RAPID) Use Of Debt Could Be Considered Risky
Nov 28
Is Rapid Synergy Berhad (KLSE:RAPID) Using Too Much Debt?
Nov 16Is Rapid Synergy Berhad (KLSE:RAPID) A Risky Investment?
May 23These 4 Measures Indicate That Rapid Synergy Berhad (KLSE:RAPID) Is Using Debt Extensively
Mar 23Rapid Synergy Berhad (KLSE:RAPID) Has A Pretty Healthy Balance Sheet
Nov 17
Recent updates
The Market Lifts Rapid Synergy Berhad (KLSE:RAPID) Shares 37% But It Can Do More
May 19Market Might Still Lack Some Conviction On Rapid Synergy Berhad (KLSE:RAPID) Even After 37% Share Price Boost
May 19The Market Lifts Rapid Synergy Berhad (KLSE:RAPID) Shares 27% But It Can Do More
Dec 05Rapid Synergy Berhad (KLSE:RAPID) Use Of Debt Could Be Considered Risky
Nov 28Calculating The Fair Value Of Rapid Synergy Berhad (KLSE:RAPID)
Aug 06Rapid Synergy Berhad's (KLSE:RAPID) Popularity With Investors Under Threat As Stock Sinks 44%
Mar 07Is Rapid Synergy Berhad (KLSE:RAPID) Using Too Much Debt?
Nov 16Is Rapid Synergy Berhad (KLSE:RAPID) A Risky Investment?
May 23Here's Why I Think Rapid Synergy Berhad (KLSE:RAPID) Might Deserve Your Attention Today
Jun 01These 4 Measures Indicate That Rapid Synergy Berhad (KLSE:RAPID) Is Using Debt Extensively
Mar 23Do Rapid Synergy Berhad's (KLSE:RAPID) Earnings Warrant Your Attention?
Mar 01Here's What Rapid Synergy Berhad's (KLSE:RAPID) Shareholder Ownership Structure Looks Like
Feb 09Should You Be Worried About Rapid Synergy Berhad's (KLSE:RAPID) 1.5% Return On Equity?
Jan 11Can You Imagine How Rapid Synergy Berhad's (KLSE:RAPID) Shareholders Feel About The 15% Share Price Increase?
Dec 14Rapid Synergy Berhad (KLSE:RAPID) Has A Pretty Healthy Balance Sheet
Nov 17Financial Position Analysis
Short Term Liabilities: RAPID's short term assets (MYR43.4M) do not cover its short term liabilities (MYR67.1M).
Long Term Liabilities: RAPID's short term assets (MYR43.4M) exceed its long term liabilities (MYR32.3M).
Debt to Equity History and Analysis
Debt Level: RAPID's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: RAPID's debt to equity ratio has reduced from 110.9% to 30.6% over the past 5 years.
Debt Coverage: RAPID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RAPID's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 15:12 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rapid Synergy Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.