Theta Edge Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Theta Edge Berhad has a total shareholder equity of MYR80.8M and total debt of MYR2.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are MYR153.9M and MYR73.1M respectively. Theta Edge Berhad's EBIT is MYR9.9M making its interest coverage ratio -52.1. It has cash and short-term investments of MYR56.9M.
Key information
2.5%
Debt to equity ratio
RM2.00m
Debt
Interest coverage ratio | -52.1x |
Cash | RM56.90m |
Equity | RM80.80m |
Total liabilities | RM73.07m |
Total assets | RM153.87m |
Recent financial health updates
We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely
May 24We're Not Very Worried About Theta Edge Berhad's (KLSE:THETA) Cash Burn Rate
Jan 28We Think Theta Edge Berhad (KLSE:THETA) Can Afford To Drive Business Growth
May 13Recent updates
Subdued Growth No Barrier To Theta Edge Berhad (KLSE:THETA) With Shares Advancing 27%
Apr 17The Return Trends At Theta Edge Berhad (KLSE:THETA) Look Promising
Apr 09Theta Edge Berhad's (KLSE:THETA) Price Is Right But Growth Is Lacking After Shares Rocket 45%
Feb 29We're Hopeful That Theta Edge Berhad (KLSE:THETA) Will Use Its Cash Wisely
May 24We're Not Very Worried About Theta Edge Berhad's (KLSE:THETA) Cash Burn Rate
Jan 28We Think Theta Edge Berhad (KLSE:THETA) Can Afford To Drive Business Growth
May 13Here's Why We Don't Think Theta Edge Berhad's (KLSE:THETA) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 28Theta Edge Berhad (KLSE:THETA) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Dec 23How Much Did Theta Edge Berhad's (KLSE:THETA) CEO Pocket Last Year?
Nov 19Financial Position Analysis
Short Term Liabilities: THETA's short term assets (MYR100.5M) exceed its short term liabilities (MYR61.8M).
Long Term Liabilities: THETA's short term assets (MYR100.5M) exceed its long term liabilities (MYR11.3M).
Debt to Equity History and Analysis
Debt Level: THETA has more cash than its total debt.
Reducing Debt: THETA's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: THETA's debt is well covered by operating cash flow (1138.9%).
Interest Coverage: THETA earns more interest than it pays, so coverage of interest payments is not a concern.