Thriven Global Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Thriven Global Berhad has a total shareholder equity of MYR104.9M and total debt of MYR72.5M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are MYR227.3M and MYR122.4M respectively.
Key information
69.1%
Debt to equity ratio
RM 72.48m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 12.45m |
| Equity | RM 104.87m |
| Total liabilities | RM 122.38m |
| Total assets | RM 227.25m |
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
Revenues Not Telling The Story For Thriven Global Berhad (KLSE:THRIVEN) After Shares Rise 35%
Jun 19Thriven 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 (MYR71.9M) exceed its short term liabilities (MYR71.8M).
Long Term Liabilities: THRIVEN's short term assets (MYR71.9M) exceed its long term liabilities (MYR50.5M).
Debt to Equity History and Analysis
Debt Level: THRIVEN's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: THRIVEN's debt to equity ratio has increased from 47.2% to 69.1% 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: Whilst unprofitable THRIVEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: THRIVEN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.2% per year.