Green Packet Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Green Packet Berhad has a total shareholder equity of MYR62.7M and total debt of MYR8.9M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are MYR317.4M and MYR254.7M respectively.
Key information
14.2%
Debt to equity ratio
RM8.93m
Debt
Interest coverage ratio | n/a |
Cash | RM14.01m |
Equity | RM62.71m |
Total liabilities | RM254.67m |
Total assets | RM317.38m |
Recent financial health updates
Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Jan 23Is Green Packet Berhad (KLSE:GPACKET) Using Debt In A Risky Way?
Sep 05Is Green Packet Berhad (KLSE:GPACKET) A Risky Investment?
Mar 11Health Check: How Prudently Does Green Packet Berhad (KLSE:GPACKET) Use Debt?
Aug 30Recent 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 11Health Check: How Prudently Does Green Packet Berhad (KLSE:GPACKET) Use Debt?
Aug 30Financial Position Analysis
Short Term Liabilities: GPACKET's short term assets (MYR285.0M) exceed its short term liabilities (MYR251.4M).
Long Term Liabilities: GPACKET's short term assets (MYR285.0M) exceed its long term liabilities (MYR3.2M).
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 155.7% to 14.2% 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: GPACKET has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GPACKET has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.6% each year