AppAsia Berhad Balance Sheet Health
Financial Health criteria checks 6/6
AppAsia Berhad has a total shareholder equity of MYR24.9M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR28.4M and MYR3.5M respectively. AppAsia Berhad's EBIT is MYR2.2M making its interest coverage ratio 59. It has cash and short-term investments of MYR8.0M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 59x |
| Cash | RM7.99m |
| Equity | RM24.88m |
| Total liabilities | RM3.47m |
| Total assets | RM28.35m |
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
Investors 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 (MYR24.0M) exceed its short term liabilities (MYR3.4M).
Long Term Liabilities: APPASIA's short term assets (MYR24.0M) exceed its long term liabilities (MYR67.0K).
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.