Kronologi Asia Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Kronologi Asia Berhad has a total shareholder equity of MYR457.0M and total debt of MYR12.7M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are MYR628.7M and MYR171.7M respectively. Kronologi Asia Berhad's EBIT is MYR16.8M making its interest coverage ratio 4.2. It has cash and short-term investments of MYR83.3M.
Key information
2.8%
Debt to equity ratio
RM12.74m
Debt
| Interest coverage ratio | 4.2x |
| Cash | RM83.33m |
| Equity | RM457.02m |
| Total liabilities | RM171.67m |
| Total assets | RM628.68m |
Recent financial health updates
Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Rather Sparingly
Jul 14
Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Rather Sparingly
Feb 23We Think Kronologi Asia Berhad (KLSE:KRONO) Can Manage Its Debt With Ease
Jun 23Here's Why Kronologi Asia Berhad (KLSE:KRONO) Can Manage Its Debt Responsibly
May 04Recent updates
We Think That There Are More Issues For Kronologi Asia Berhad (KLSE:KRONO) Than Just Sluggish Earnings
Apr 08Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Rather Sparingly
Jul 14Is Kronologi Asia Berhad (KLSE:KRONO) Potentially Undervalued?
Mar 23Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Rather Sparingly
Feb 23When Should You Buy Kronologi Asia Berhad (KLSE:KRONO)?
Dec 01One Kronologi Asia Berhad (KLSE:KRONO) Analyst Just Made A Major Cut To Next Year's Estimates
Sep 23We Think Kronologi Asia Berhad (KLSE:KRONO) Can Manage Its Debt With Ease
Jun 23Kronologi Asia Berhad's (KLSE:KRONO) Earnings Are Weaker Than They Seem
Apr 05Here's Why Kronologi Asia Berhad (KLSE:KRONO) Can Manage Its Debt Responsibly
May 04Can Kronologi Asia Berhad (KLSE:KRONO) Continue To Grow Its Returns On Capital?
Mar 02Investors Who Bought Kronologi Asia Berhad (KLSE:KRONO) Shares Five Years Ago Are Now Up 376%
Feb 09Financial Position Analysis
Short Term Liabilities: KRONO's short term assets (MYR221.9M) exceed its short term liabilities (MYR118.6M).
Long Term Liabilities: KRONO's short term assets (MYR221.9M) exceed its long term liabilities (MYR53.0M).
Debt to Equity History and Analysis
Debt Level: KRONO has more cash than its total debt.
Reducing Debt: KRONO's debt to equity ratio has reduced from 13.5% to 2.8% over the past 5 years.
Debt Coverage: KRONO's debt is well covered by operating cash flow (458.8%).
Interest Coverage: KRONO's interest payments on its debt are well covered by EBIT (4.2x coverage).