Thriven Global Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Thriven Global Berhad has a total shareholder equity of MYR112.8M and total debt of MYR84.8M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are MYR259.9M and MYR147.1M respectively.
Key information
75.2%
Debt to equity ratio
RM84.77m
Debt
| Interest coverage ratio | n/a |
| Cash | RM9.88m |
| Equity | RM112.78m |
| Total liabilities | RM147.11m |
| Total assets | RM259.89m |
Recent financial health updates
Does Thriven Global Berhad (KLSE:THRIVEN) Have A Healthy Balance Sheet?
Nov 17
Is Thriven Global Berhad (KLSE:THRIVEN) A Risky Investment?
Jun 27Is Thriven Global Berhad (KLSE:THRIVEN) A Risky Investment?
Mar 20Is Thriven Global Berhad (KLSE:THRIVEN) Using Debt In A Risky Way?
Nov 21Thriven Global Berhad (KLSE:THRIVEN) Has Debt But No Earnings; Should You Worry?
Jun 18Does Thriven Global Berhad (KLSE:THRIVEN) Have A Healthy Balance Sheet?
Mar 03Recent updates
Thriven Global Berhad (KLSE:THRIVEN) Shares Fly 30% But Investors Aren't Buying For Growth
Mar 18Benign Growth For Thriven Global Berhad (KLSE:THRIVEN) Underpins Its Share Price
Jan 26Does Thriven Global Berhad (KLSE:THRIVEN) Have A Healthy Balance Sheet?
Nov 17Is Thriven Global Berhad (KLSE:THRIVEN) A Risky Investment?
Jun 27Is Thriven Global Berhad (KLSE:THRIVEN) A Risky Investment?
Mar 20Is Thriven Global Berhad (KLSE:THRIVEN) Using Debt In A Risky Way?
Nov 21Thriven Global Berhad (KLSE:THRIVEN) Has Debt But No Earnings; Should You Worry?
Jun 18Does Thriven Global Berhad (KLSE:THRIVEN) Have A Healthy Balance Sheet?
Mar 03Does Thriven Global Berhad (KLSE:THRIVEN) Have A Healthy Balance Sheet?
Oct 12Thriven Global Berhad (KLSE:THRIVEN) Takes On Some Risk With Its Use Of Debt
Jun 01A Look At The Intrinsic Value Of Thriven Global Berhad (KLSE:THRIVEN)
Feb 16Is Thriven Global Berhad (KLSE:THRIVEN) Using Too Much Debt?
Dec 24
How Much Is Thriven Global Berhad (KLSE:THRIVEN) CEO Getting Paid?
Nov 19Financial Position Analysis
Short Term Liabilities: THRIVEN's short term assets (MYR94.6M) exceed its short term liabilities (MYR86.6M).
Long Term Liabilities: THRIVEN's short term assets (MYR94.6M) exceed its long term liabilities (MYR60.5M).
Debt to Equity History and Analysis
Debt Level: THRIVEN's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: THRIVEN's debt to equity ratio has reduced from 75.9% to 75.2% 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: THRIVEN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: THRIVEN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1.1% each year