Rapid Synergy Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Rapid Synergy Berhad has a total shareholder equity of MYR187.2M and total debt of MYR75.0M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are MYR333.9M and MYR146.7M respectively. Rapid Synergy Berhad's EBIT is MYR3.3M making its interest coverage ratio 0.4. It has cash and short-term investments of MYR3.8M.
Key information
40.1%
Debt to equity ratio
RM 75.05m
Debt
| Interest coverage ratio | 0.4x |
| Cash | RM 3.79m |
| Equity | RM 187.16m |
| Total liabilities | RM 146.70m |
| Total assets | RM 333.86m |
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 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 (MYR73.2M) do not cover its short term liabilities (MYR104.3M).
Long Term Liabilities: RAPID's short term assets (MYR73.2M) exceed its long term liabilities (MYR42.4M).
Debt to Equity History and Analysis
Debt Level: RAPID's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: RAPID's debt to equity ratio has reduced from 103.4% to 40.1% over the past 5 years.
Debt Coverage: RAPID's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: RAPID's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 01:42 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| 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 here.
Analysis Model and Snowflake
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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 .
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.
| Analyst | Institution |
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