Green Packet Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Green Packet Berhad has a total shareholder equity of MYR43.6M and total debt of MYR3.0M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are MYR199.4M and MYR155.9M respectively.
Key information
6.9%
Debt to equity ratio
RM 3.01m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 22.86m |
| Equity | RM 43.56m |
| Total liabilities | RM 155.85m |
| Total assets | RM 199.41m |
Recent financial health updates
Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Jan 23
Is Green Packet Berhad (KLSE:GPACKET) Using Debt In A Risky Way?
Sep 05Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Mar 11Recent updates
Green Packet Berhad's (KLSE:GPACKET) Price Is Right But Growth Is Lacking
Mar 21Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Jan 23Is Green Packet Berhad (KLSE:GPACKET) Using Debt In A Risky Way?
Sep 05Benign Growth For Green Packet Berhad (KLSE:GPACKET) Underpins Its Share Price
Jul 14Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Mar 11Financial Position Analysis
Short Term Liabilities: GPACKET's short term assets (MYR167.9M) exceed its short term liabilities (MYR151.5M).
Long Term Liabilities: GPACKET's short term assets (MYR167.9M) exceed its long term liabilities (MYR4.4M).
Debt to Equity History and Analysis
Debt Level: GPACKET has more cash than its total debt.
Reducing Debt: GPACKET's debt to equity ratio has reduced from 101.9% to 6.9% 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: Whilst unprofitable GPACKET has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GPACKET is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.5% per year.