Theta Edge Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Theta Edge Berhad has a total shareholder equity of MYR73.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR128.4M and MYR54.6M respectively. Theta Edge Berhad's EBIT is MYR2.1M making its interest coverage ratio -4. It has cash and short-term investments of MYR22.0M.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	-4x
Cash	RM 22.02m
Equity	RM 73.84m
Total liabilities	RM 54.59m
Total assets	RM 128.42m

Recent financial health updates

We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely

May 24

Recent updates

Take Care Before Jumping Onto Theta Edge Berhad (KLSE:THETA) Even Though It's 25% Cheaper

Oct 22

Theta Edge Berhad (KLSE:THETA) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Jul 03

Subdued Growth No Barrier To Theta Edge Berhad (KLSE:THETA) With Shares Advancing 27%

Apr 17

The Return Trends At Theta Edge Berhad (KLSE:THETA) Look Promising

Apr 09

Theta Edge Berhad's (KLSE:THETA) Price Is Right But Growth Is Lacking After Shares Rocket 45%

Feb 29

We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely

May 24

Financial Position Analysis

Short Term Liabilities: THETA's short term assets (MYR76.1M) exceed its short term liabilities (MYR46.0M).

Long Term Liabilities: THETA's short term assets (MYR76.1M) exceed its long term liabilities (MYR8.6M).

Debt to Equity History and Analysis

Debt Level: THETA is debt free.

Reducing Debt: THETA had no debt 5 years ago.

Debt Coverage: THETA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: THETA has no debt, therefore coverage of interest payments is not a concern.

Theta Edge Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely

Recent updates

Theta Edge Berhad Announces the Resignation of Encik Azih Bin Yusof as Independent and Non Executive Member of Risk Committee

Theta Edge Berhad Appoints Nuraslina Binti Zainal Abidin as Executive Group Managing Director

Take Care Before Jumping Onto Theta Edge Berhad (KLSE:THETA) Even Though It's 25% Cheaper

Returns Are Gaining Momentum At Theta Edge Berhad (KLSE:THETA)

Second quarter 2024 earnings released: RM0.032 loss per share (vs RM0.003 profit in 2Q 2023)

Investor sentiment deteriorates as stock falls 17%

Theta Edge Berhad's (KLSE:THETA) 28% Share Price Plunge Could Signal Some Risk

Does Theta Edge Berhad (KLSE:THETA) Deserve A Spot On Your Watchlist?

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 17%

REDtone Digital Berhad (KLSE:REDTONE) acquired 5.43% stake in Theta Edge Berhad (KLSE:THETA) for MYR 13.1 million.

REDtone Digital Berhad (KLSE:REDTONE) acquired 5.43% stake in Theta Edge Berhad (KLSE:THETA) for MYR 13.1 million.

Theta Edge Berhad Announces Appointment of Datuk Dyg Sadiah Binti Abg Bohan as Non Independent and Non Executive Director

Theta Edge Berhad (KLSE:THETA) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Investor sentiment improves as stock rises 22%

Theta Edge Berhad Announces the Retirement of Encik Syed Osman Alhaddad Bin Syed Mohamed as Non Independent and Non Executive Member of Risk Committee

Upcoming dividend of RM0.017 per share

First quarter 2024 earnings released: RM0.025 loss per share (vs RM0.002 profit in 1Q 2023)

Theta Edge Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ending 31 December 2024, Payable on 10 July 2024

Theta Edge Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ending 31 December 2024, Payable on 10 July 2024

Theta Edge Berhad Announces Expiry of Tenure of Fixed Term Contract of Encik Mohamad Izzat Bin Serpudin as Chief Financial Officer, Effective 10 May 2024

Theta Edge Berhad, Annual General Meeting, Jun 26, 2024

Subdued Growth No Barrier To Theta Edge Berhad (KLSE:THETA) With Shares Advancing 27%

The Return Trends At Theta Edge Berhad (KLSE:THETA) Look Promising

Investor sentiment improves as stock rises 16%

Theta Edge Berhad Appoints Encik Syed Osman Alhaddad Bin Syed Mohamed as Non Independent and Non Executive Member of Audit Committee

Theta Edge Berhad Appoints Encik Syed Osman Alhaddad Bin Syed Mohamed as Non Independent and Non Executive Member of Risk Committee

Investor sentiment improves as stock rises 26%

Theta Edge Berhad's (KLSE:THETA) Price Is Right But Growth Is Lacking After Shares Rocket 45%

Theta Edge Berhad Announces Re-Designation of Encik Azih Bin Yusof from Chairman of Audit Committee to Member of Audit Committee

Full year 2023 earnings released: EPS: RM0.081 (vs RM0.065 in FY 2022)

Theta Edge Berhad Appoints Cik Shahrin Binti Oli Mohamed as Independent and Non Executive Member of Risk Committee

Theta Edge Berhad Appoints Encik Syed Osman Alhaddad Bin Syed Mohamed as Non Independent and Non Executive Director

Third quarter 2023 earnings released: RM0.019 loss per share (vs RM0.032 profit in 3Q 2022)

New minor risk - Share price stability

Theta Edge Berhad Announces Resignation of Encik Shamsul Kamal Bin Hussein Kamal as Member of Nomination and Remuneration Committee

Theta Edge Berhad Announces Resignation of Encik Shamsul Kamal Bin Hussein Kamal as Non Independent and Non Executive Director

Theta Edge Berhad Announces the Resignation of Asri Bin Hamidin @ Hamidon as Non-Independent Non Executive Director

Theta Edge Berhad Announces Appointment of Adam Malik Bin Azlan as Independent and Non Executive Member of Risk Committee

Second quarter 2023 earnings released: EPS: RM0.003 (vs RM0.01 in 2Q 2022)

Theta Edge Berhad Announces Resignation of Erma Surianee Binti Malek as Independent and Non Executive Member of Nomination and Remuneration Committee

Theta Edge Berhad Announces Cessation of Encik Abdul Halim Bin Jantan as Independent and Non-Executive Member of Risk Committee

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.026 in 1Q 2022)

Upcoming dividend of RM0.015 per share at 2.5% yield

Theta Edge Berhad Declares of Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2022, Payable on June 19, 2023

Full year 2022 earnings released: EPS: RM0.07 (vs RM0.045 loss in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.032 (vs RM0.003 loss in 3Q 2021)

High number of new and inexperienced directors

Theta Edge Berhad Announces Resignation of ENCIK SAFUAN BIN YUSOF as Chief Operating Officer

Second quarter 2022 earnings released: EPS: RM0.01 (vs RM0.001 in 2Q 2021)

First quarter 2022 earnings released: EPS: RM0.026 (vs RM0.006 loss in 1Q 2021)

We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely

Theta Edge Berhad Appoints Encik Mohamad Izzat Bin Serpudin as Chief Financial Officer

Theta Edge Berhad, Annual General Meeting, Jun 29, 2022

High number of new and inexperienced directors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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