Kronologi Asia Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Kronologi Asia Berhad has a total shareholder equity of MYR460.9M and total debt of MYR7.6M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are MYR601.6M and MYR140.6M respectively. Kronologi Asia Berhad's EBIT is MYR9.3M making its interest coverage ratio 3.4. It has cash and short-term investments of MYR71.5M.
Key information
1.6%
Debt to equity ratio
RM 7.58m
Debt
| Interest coverage ratio | 3.4x |
| Cash | RM 71.48m |
| Equity | RM 460.93m |
| Total liabilities | RM 140.62m |
| Total assets | RM 601.55m |
Recent financial health updates
Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Quite Sensibly
Aug 07
Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Rather Sparingly
Jul 14Kronologi 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
Kronologi Asia Berhad (KLSE:KRONO) Seems To Use Debt Quite Sensibly
Aug 07Is Kronologi Asia Berhad (KLSE:KRONO) Potentially Undervalued?
May 03We 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 (MYR193.2M) exceed its short term liabilities (MYR86.4M).
Long Term Liabilities: KRONO's short term assets (MYR193.2M) exceed its long term liabilities (MYR54.3M).
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 1.6% over the past 5 years.
Debt Coverage: KRONO's debt is well covered by operating cash flow (501.6%).
Interest Coverage: KRONO's interest payments on its debt are well covered by EBIT (3.4x coverage).