Privasia Technology Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Privasia Technology Berhad has a total shareholder equity of MYR59.8M and total debt of MYR13.1M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are MYR116.6M and MYR56.8M respectively. Privasia Technology Berhad's EBIT is MYR7.4M making its interest coverage ratio 8.8. It has cash and short-term investments of MYR2.4M.
Key information
22.0%
Debt to equity ratio
RM13.15m
Debt
| Interest coverage ratio | 8.8x |
| Cash | RM2.37m |
| Equity | RM59.84m |
| Total liabilities | RM56.80m |
| Total assets | RM116.64m |
Recent financial health updates
Is Privasia Technology Berhad (KLSE:PRIVA) A Risky Investment?
Oct 30
Is Privasia Technology Berhad (KLSE:PRIVA) Using Too Much Debt?
Feb 14Is Privasia Technology Berhad (KLSE:PRIVA) Using Too Much Debt?
Oct 20Is Privasia Technology Berhad (KLSE:PRIVA) A Risky Investment?
Jul 07Here's Why Privasia Technology Berhad (KLSE:PRIVA) Can Afford Some Debt
Mar 23Privasia Technology Berhad (KLSE:PRIVA) Is Carrying A Fair Bit Of Debt
Nov 25Recent updates
The Return Trends At Privasia Technology Berhad (KLSE:PRIVA) Look Promising
Jan 02Is Privasia Technology Berhad (KLSE:PRIVA) A Risky Investment?
Oct 30It's A Story Of Risk Vs Reward With Privasia Technology Berhad (KLSE:PRIVA)
Aug 30Privasia Technology Berhad's (KLSE:PRIVA) Returns On Capital Are Heading Higher
Jul 14Is Privasia Technology Berhad (KLSE:PRIVA) Using Too Much Debt?
Feb 14Is Privasia Technology Berhad (KLSE:PRIVA) Using Too Much Debt?
Oct 20Is Privasia Technology Berhad (KLSE:PRIVA) A Risky Investment?
Jul 07Here's Why Privasia Technology Berhad (KLSE:PRIVA) Can Afford Some Debt
Mar 23Privasia Technology Berhad (KLSE:PRIVA) Is Carrying A Fair Bit Of Debt
Nov 25The Returns On Capital At Privasia Technology Berhad (KLSE:PRIVA) Don't Inspire Confidence
Jul 26These 4 Measures Indicate That Privasia Technology Berhad (KLSE:PRIVA) Is Using Debt Reasonably Well
May 27A Look At The Intrinsic Value Of Privasia Technology Berhad (KLSE:PRIVA)
Mar 16Be Wary Of Privasia Technology Berhad (KLSE:PRIVA) And Its Returns On Capital
Dec 01
Financial Position Analysis
Short Term Liabilities: PRIVA's short term assets (MYR65.8M) exceed its short term liabilities (MYR52.3M).
Long Term Liabilities: PRIVA's short term assets (MYR65.8M) exceed its long term liabilities (MYR4.5M).
Debt to Equity History and Analysis
Debt Level: PRIVA's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: PRIVA's debt to equity ratio has reduced from 35.8% to 22% over the past 5 years.
Debt Coverage: PRIVA's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PRIVA's interest payments on its debt are well covered by EBIT (8.8x coverage).