Key ASIC Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Key ASIC Berhad has a total shareholder equity of MYR29.6M and total debt of MYR1.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are MYR41.5M and MYR11.9M respectively.
Key information
3.4%
Debt to equity ratio
RM1.02m
Debt
Interest coverage ratio | n/a |
Cash | RM25.97m |
Equity | RM29.59m |
Total liabilities | RM11.92m |
Total assets | RM41.50m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KEYASIC's short term assets (MYR30.5M) exceed its short term liabilities (MYR11.9M).
Long Term Liabilities: KEYASIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KEYASIC has more cash than its total debt.
Reducing Debt: KEYASIC's debt to equity ratio has increased from 0% to 3.4% 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 KEYASIC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KEYASIC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.8% per year.