Digistar Corporation Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Digistar Berhad has a total shareholder equity of MYR56.7M and total debt of MYR193.6M, which brings its debt-to-equity ratio to 341.2%. Its total assets and total liabilities are MYR292.1M and MYR235.3M respectively. Digistar Berhad's EBIT is MYR8.7M making its interest coverage ratio 0.9. It has cash and short-term investments of MYR48.4M.
Key information
341.2%
Debt to equity ratio
RM 193.57m
Debt
| Interest coverage ratio | 0.9x |
| Cash | RM 48.37m |
| Equity | RM 56.73m |
| Total liabilities | RM 235.32m |
| Total assets | RM 292.05m |
Recent financial health updates
Digistar Corporation Berhad (KLSE:DIGISTA) Has A Somewhat Strained Balance Sheet
Aug 07
Here's Why Digistar Corporation Berhad (KLSE:DIGISTA) Is Weighed Down By Its Debt Load
Apr 25Is 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 13Recent updates
Digistar Corporation Berhad (KLSE:DIGISTA) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 06Digistar Corporation Berhad (KLSE:DIGISTA) Has A Somewhat Strained Balance Sheet
Aug 07Returns On Capital Are Showing Encouraging Signs At Digistar Corporation Berhad (KLSE:DIGISTA)
May 06Investors 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 (MYR69.6M) exceed its short term liabilities (MYR58.3M).
Long Term Liabilities: DIGISTA's short term assets (MYR69.6M) do not cover its long term liabilities (MYR177.0M).
Debt to Equity History and Analysis
Debt Level: DIGISTA's net debt to equity ratio (255.9%) is considered high.
Reducing Debt: DIGISTA's debt to equity ratio has reduced from 510% to 341.2% 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 0.6% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Digistar Corporation Berhad is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sharizan Rosely | CGS International |