Digistar Corporation Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Digistar Berhad has a total shareholder equity of MYR61.2M and total debt of MYR215.7M, which brings its debt-to-equity ratio to 352.4%. Its total assets and total liabilities are MYR312.1M and MYR250.8M respectively. Digistar Berhad's EBIT is MYR11.9M making its interest coverage ratio 0.9. It has cash and short-term investments of MYR61.1M.
Key information
352.4%
Debt to equity ratio
RM 215.75m
Debt
| Interest coverage ratio | 0.9x |
| Cash | RM 61.10m |
| Equity | RM 61.23m |
| Total liabilities | RM 250.85m |
| Total assets | RM 312.08m |
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) 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 (MYR92.0M) exceed its short term liabilities (MYR52.7M).
Long Term Liabilities: DIGISTA's short term assets (MYR92.0M) do not cover its long term liabilities (MYR198.1M).
Debt to Equity History and Analysis
Debt Level: DIGISTA's net debt to equity ratio (252.6%) is considered high.
Reducing Debt: DIGISTA's debt to equity ratio has reduced from 535.7% to 352.4% 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 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 7% per year.