Digistar Corporation Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Digistar Berhad has a total shareholder equity of MYR62.5M and total debt of MYR217.0M, which brings its debt-to-equity ratio to 346.9%. Its total assets and total liabilities are MYR313.6M and MYR251.0M respectively. Digistar Berhad's EBIT is MYR13.9M making its interest coverage ratio 1. It has cash and short-term investments of MYR57.4M.
Key information
346.9%
Debt to equity ratio
RM216.97m
Debt
| Interest coverage ratio | 1x |
| Cash | RM57.40m |
| Equity | RM62.54m |
| Total liabilities | RM251.05m |
| Total assets | RM313.59m |
Recent financial health updates
Here's Why Digistar Corporation Berhad (KLSE:DIGISTA) Is Weighed Down By Its Debt Load
Apr 25
Is Digistar Corporation Berhad (KLSE:DIGISTA) Using Too Much Debt?
Nov 29Health Check: How Prudently Does Digistar Corporation Berhad (KLSE:DIGISTA) Use Debt?
Jul 29Is Digistar Corporation Berhad (KLSE:DIGISTA) Using Debt In A Risky Way?
Mar 29Does Digistar Corporation Berhad (KLSE:DIGISTA) Have A Healthy Balance Sheet?
Dec 13Is Digistar Corporation Berhad (KLSE:DIGISTA) A Risky Investment?
May 16Recent updates
Investors Aren't Entirely Convinced By Digistar Corporation Berhad's (KLSE:DIGISTA) Revenues
Jan 03Potential Upside For Digistar Corporation Berhad (KLSE:DIGISTA) Not Without Risk
Aug 24Digistar Corporation Berhad's (KLSE:DIGISTA) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 30Here's Why Digistar Corporation Berhad (KLSE:DIGISTA) Is Weighed Down By Its Debt Load
Apr 25Digistar Corporation Berhad's (KLSE:DIGISTA) CEO Might Not Expect Shareholders To Be So Generous This Year
Mar 03Capital Allocation Trends At Digistar Corporation Berhad (KLSE:DIGISTA) Aren't Ideal
Feb 18Is Digistar Corporation Berhad (KLSE:DIGISTA) Using Too Much Debt?
Nov 29Health Check: How Prudently Does Digistar Corporation Berhad (KLSE:DIGISTA) Use Debt?
Jul 29Is Digistar Corporation Berhad (KLSE:DIGISTA) Using Debt In A Risky Way?
Mar 29Does Digistar Corporation Berhad (KLSE:DIGISTA) Have A Healthy Balance Sheet?
Dec 13Is Digistar Corporation Berhad (KLSE:DIGISTA) A Risky Investment?
May 16A Look At Digistar Corporation Berhad's (KLSE:DIGISTA) CEO Remuneration
Jan 31Is Digistar Corporation Berhad (KLSE:DIGISTA) A Risky Investment?
Dec 21
Financial Position Analysis
Short Term Liabilities: DIGISTA's short term assets (MYR86.0M) exceed its short term liabilities (MYR50.5M).
Long Term Liabilities: DIGISTA's short term assets (MYR86.0M) do not cover its long term liabilities (MYR200.5M).
Debt to Equity History and Analysis
Debt Level: DIGISTA's net debt to equity ratio (255.1%) is considered high.
Reducing Debt: DIGISTA's debt to equity ratio has reduced from 538.8% to 346.9% 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 DIGISTA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DIGISTA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.8% per year.