Atlan Holdings Bhd Balance Sheet Health

Financial Health criteria checks 5/6

Atlan Holdings Bhd has a total shareholder equity of MYR511.5M and total debt of MYR71.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are MYR783.5M and MYR272.0M respectively. Atlan Holdings Bhd's EBIT is MYR41.3M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR217.3M.

Key information

14.0%

Debt to equity ratio

RM 71.59m

Debt

Interest coverage ratio3.5x
CashRM 217.26m
EquityRM 511.52m
Total liabilitiesRM 272.01m
Total assetsRM 783.53m

Recent financial health updates

Recent updates

There May Be Reason For Hope In Atlan Holdings Bhd's (KLSE:ATLAN) Disappointing Earnings

May 02
There May Be Reason For Hope In Atlan Holdings Bhd's (KLSE:ATLAN) Disappointing Earnings

Atlan Holdings Bhd (KLSE:ATLAN) Has Affirmed Its Dividend Of MYR0.04

Jan 14
Atlan Holdings Bhd (KLSE:ATLAN) Has Affirmed Its Dividend Of MYR0.04

Does Atlan Holdings Bhd (KLSE:ATLAN) Have A Healthy Balance Sheet?

May 19
Does Atlan Holdings Bhd (KLSE:ATLAN) Have A Healthy Balance Sheet?

Atlan Holdings Bhd's (KLSE:ATLAN) Stock Price Has Reduced 25% In The Past Three Years

Mar 10
Atlan Holdings Bhd's (KLSE:ATLAN) Stock Price Has Reduced 25% In The Past Three Years

Is Atlan Holdings Bhd (KLSE:ATLAN) Weighed On By Its Debt Load?

Feb 03
Is Atlan Holdings Bhd (KLSE:ATLAN) Weighed On By Its Debt Load?

What Kind Of Investors Own Most Of Atlan Holdings Bhd (KLSE:ATLAN)?

Dec 30
What Kind Of Investors Own Most Of Atlan Holdings Bhd (KLSE:ATLAN)?

Would Shareholders Who Purchased Atlan Holdings Bhd's (KLSE:ATLAN) Stock Five Years Be Happy With The Share price Today?

Dec 03
Would Shareholders Who Purchased Atlan Holdings Bhd's (KLSE:ATLAN) Stock Five Years Be Happy With The Share price Today?

Financial Position Analysis

Short Term Liabilities: ATLAN's short term assets (MYR419.2M) exceed its short term liabilities (MYR116.6M).

Long Term Liabilities: ATLAN's short term assets (MYR419.2M) exceed its long term liabilities (MYR155.4M).


Debt to Equity History and Analysis

Debt Level: ATLAN has more cash than its total debt.

Reducing Debt: ATLAN's debt to equity ratio has increased from 11.2% to 14% over the past 5 years.

Debt Coverage: ATLAN's debt is well covered by operating cash flow (95.8%).

Interest Coverage: ATLAN's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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