Red Ideas Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Red Ideas Holdings Berhad has a total shareholder equity of MYR2.4M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR4.6M and MYR2.2M respectively.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | n/a |
| Cash | RM1.31m |
| Equity | RM2.41m |
| Total liabilities | RM2.23m |
| Total assets | RM4.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REDIDEA's short term assets (MYR2.1M) do not cover its short term liabilities (MYR2.2M).
Long Term Liabilities: REDIDEA's short term assets (MYR2.1M) exceed its long term liabilities (MYR58.0K).
Debt to Equity History and Analysis
Debt Level: REDIDEA is debt free.
Reducing Debt: REDIDEA had no debt 5 years ago.
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: REDIDEA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: REDIDEA has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 50.9% each year.