Asia Brands Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Asia Brands Berhad has a total shareholder equity of MYR237.9M and total debt of MYR30.1M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are MYR303.0M and MYR65.1M respectively. Asia Brands Berhad's EBIT is MYR7.9M making its interest coverage ratio 2.8. It has cash and short-term investments of MYR7.1M.
Key information
12.7%
Debt to equity ratio
RM 30.12m
Debt
| Interest coverage ratio | 2.8x |
| Cash | RM 7.06m |
| Equity | RM 237.92m |
| Total liabilities | RM 65.09m |
| Total assets | RM 303.01m |
Recent financial health updates
Asia Brands Berhad (KLSE:ASIABRN) Has A Somewhat Strained Balance Sheet
Apr 10
Asia Brands Berhad (KLSE:ASIABRN) Seems To Use Debt Quite Sensibly
Aug 17Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
May 02Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
Jan 13Is Asia Brands Berhad (KLSE:ASIABRN) A Risky Investment?
Apr 04Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
Nov 29Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Asia Brands Berhad (KLSE:ASIABRN)
Sep 04Returns Are Gaining Momentum At Asia Brands Berhad (KLSE:ASIABRN)
May 29Asia Brands Berhad (KLSE:ASIABRN) Has A Somewhat Strained Balance Sheet
Apr 10Improved Earnings Required Before Asia Brands Berhad (KLSE:ASIABRN) Shares Find Their Feet
Jan 16Asia Brands Berhad (KLSE:ASIABRN) Is Looking To Continue Growing Its Returns On Capital
Oct 31Asia Brands Berhad (KLSE:ASIABRN) Seems To Use Debt Quite Sensibly
Aug 17Returns On Capital Are Showing Encouraging Signs At Asia Brands Berhad (KLSE:ASIABRN)
Jul 03Asia Brands Berhad (KLSE:ASIABRN) Will Pay A Dividend Of MYR0.01
May 18Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
May 02Asia Brands Berhad (KLSE:ASIABRN) Is Doing The Right Things To Multiply Its Share Price
Mar 09Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
Jan 13Asia Brands Berhad (KLSE:ASIABRN) Is Doing The Right Things To Multiply Its Share Price
Jun 27Is Asia Brands Berhad (KLSE:ASIABRN) A Risky Investment?
Apr 04Returns Are Gaining Momentum At Asia Brands Berhad (KLSE:ASIABRN)
Feb 09Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
Nov 29Returns At Asia Brands Berhad (KLSE:ASIABRN) Are On The Way Up
Sep 20Asia Brands Berhad (KLSE:ASIABRN) Has A Pretty Healthy Balance Sheet
Jul 29Asia Brands Berhad's (KLSE:ASIABRN) Returns On Capital Are Heading Higher
Jun 02Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?
Apr 28Asia Brands Berhad's (KLSE:ASIABRN) Stock Is Going Strong: Have Financials A Role To Play?
Mar 19What We Make Of Asia Brands Berhad's (KLSE:ASIABRN) Returns On Capital
Feb 01
Does Asia Brands Berhad (KLSE:ASIABRN) Have A Healthy Balance Sheet?
Dec 28Is Asia Brands Berhad's (KLSE:ASIABRN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Nov 23Financial Position Analysis
Short Term Liabilities: ASIABRN's short term assets (MYR113.2M) exceed its short term liabilities (MYR50.2M).
Long Term Liabilities: ASIABRN's short term assets (MYR113.2M) exceed its long term liabilities (MYR14.9M).
Debt to Equity History and Analysis
Debt Level: ASIABRN's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: ASIABRN's debt to equity ratio has reduced from 33.1% to 12.7% over the past 5 years.
Debt Coverage: ASIABRN's debt is well covered by operating cash flow (46.6%).
Interest Coverage: ASIABRN's interest payments on its debt are not well covered by EBIT (2.8x coverage).