Thriven Global Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Thriven Global Berhad has a total shareholder equity of MYR107.3M and total debt of MYR78.2M, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are MYR249.0M and MYR141.7M respectively.
Key information
72.8%
Debt to equity ratio
RM78.18m
Debt
Interest coverage ratio | n/a |
Cash | RM7.67m |
Equity | RM107.32m |
Total liabilities | RM141.73m |
Total assets | RM249.05m |
Recent financial health updates
Does 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 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 24How Much Is Thriven Global Berhad (KLSE:THRIVEN) CEO Getting Paid?
Nov 19Financial Position Analysis
Short Term Liabilities: THRIVEN's short term assets (MYR84.4M) exceed its short term liabilities (MYR81.2M).
Long Term Liabilities: THRIVEN's short term assets (MYR84.4M) exceed its long term liabilities (MYR60.5M).
Debt to Equity History and Analysis
Debt Level: THRIVEN's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: THRIVEN's debt to equity ratio has increased from 53.1% to 72.8% 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 a year based on its current free cash flow.
Forecast Cash Runway: THRIVEN has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 8.6% each year.