AppAsia Berhad Balance Sheet Health
Financial Health criteria checks 6/6
AppAsia Berhad has a total shareholder equity of MYR28.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR31.0M and MYR2.5M respectively. AppAsia Berhad's EBIT is MYR3.4M making its interest coverage ratio 98.1. It has cash and short-term investments of MYR3.5M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | 98.1x |
| Cash | RM 3.49m |
| Equity | RM 28.53m |
| Total liabilities | RM 2.46m |
| Total assets | RM 30.99m |
Recent financial health updates
Here's Why We're Not At All Concerned With AppAsia Berhad's (KLSE:APPASIA) Cash Burn Situation
Jul 26
We Think AppAsia Berhad (KLSE:APPASIA) Can Easily Afford To Drive Business Growth
Feb 24Recent updates
After Leaping 27% AppAsia Berhad (KLSE:APPASIA) Shares Are Not Flying Under The Radar
Jul 28Market Participants Recognise AppAsia Berhad's (KLSE:APPASIA) Earnings Pushing Shares 33% Higher
Jun 12Investors Appear Satisfied With AppAsia Berhad's (KLSE:APPASIA) Prospects As Shares Rocket 40%
Apr 02We Ran A Stock Scan For Earnings Growth And AppAsia Berhad (KLSE:APPASIA) Passed With Ease
Mar 14Should You Be Adding AppAsia Berhad (KLSE:APPASIA) To Your Watchlist Today?
Nov 15AppAsia Berhad's (KLSE:APPASIA) Share Price Could Signal Some Risk
May 06Here's Why We're Not At All Concerned With AppAsia Berhad's (KLSE:APPASIA) Cash Burn Situation
Jul 26We Think AppAsia Berhad (KLSE:APPASIA) Can Easily Afford To Drive Business Growth
Feb 24Shareholders Are Raving About How The AppAsia Berhad (KLSE:APPASIA) Share Price Increased 429%
Feb 28Financial Position Analysis
Short Term Liabilities: APPASIA's short term assets (MYR25.4M) exceed its short term liabilities (MYR2.5M).
Long Term Liabilities: APPASIA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APPASIA is debt free.
Reducing Debt: APPASIA had no debt 5 years ago.
Debt Coverage: APPASIA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APPASIA has no debt, therefore coverage of interest payments is not a concern.