NetX Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
NetX Holdings Berhad has a total shareholder equity of MYR110.5M and total debt of MYR25.6M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are MYR151.3M and MYR40.7M respectively.
Key information
23.2%
Debt to equity ratio
RM25.61m
Debt
| Interest coverage ratio | n/a |
| Cash | RM66.48m |
| Equity | RM110.54m |
| Total liabilities | RM40.72m |
| Total assets | RM151.26m |
Recent financial health updates
Health Check: How Prudently Does NetX Holdings Berhad (KLSE:NETX) Use Debt?
Mar 20
Here's Why NetX Holdings Berhad (KLSE:NETX) Can Manage Its Debt Despite Losing Money
Oct 12NetX Holdings Berhad (KLSE:NETX) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Jun 29Health Check: How Prudently Does NetX Holdings Berhad (KLSE:NETX) Use Debt?
Mar 15Is NetX Holdings Berhad (KLSE:NETX) A Risky Investment?
Oct 07Is NetX Holdings Berhad (KLSE:NETX) Using Debt In A Risky Way?
Jun 24Recent updates
Health Check: How Prudently Does NetX Holdings Berhad (KLSE:NETX) Use Debt?
Mar 20Here's Why NetX Holdings Berhad (KLSE:NETX) Can Manage Its Debt Despite Losing Money
Oct 12NetX Holdings Berhad (KLSE:NETX) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Jun 29Health Check: How Prudently Does NetX Holdings Berhad (KLSE:NETX) Use Debt?
Mar 15Is NetX Holdings Berhad (KLSE:NETX) A Risky Investment?
Oct 07Is NetX Holdings Berhad (KLSE:NETX) Using Debt In A Risky Way?
Jun 24Does NetX Holdings Berhad (KLSE:NETX) Have A Healthy Balance Sheet?
Mar 07Financial Position Analysis
Short Term Liabilities: NETX's short term assets (MYR89.4M) exceed its short term liabilities (MYR19.6M).
Long Term Liabilities: NETX's short term assets (MYR89.4M) exceed its long term liabilities (MYR21.1M).
Debt to Equity History and Analysis
Debt Level: NETX has more cash than its total debt.
Reducing Debt: NETX's debt to equity ratio has increased from 2.7% to 23.2% 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: NETX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NETX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.6% each year