Binasat Communications Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Binasat Communications Berhad has a total shareholder equity of MYR119.1M and total debt of MYR5.5M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are MYR169.8M and MYR50.6M respectively.

Key information

4.6%

Debt to equity ratio

RM5.48m

Debt

Interest coverage ratio	n/a
Cash	RM30.21m
Equity	RM119.14m
Total liabilities	RM50.63m
Total assets	RM169.78m

Recent financial health updates

Here's Why Binasat Communications Berhad (KLSE:BINACOM) Can Manage Its Debt Responsibly

Oct 05

Does Binasat Communications Berhad (KLSE:BINACOM) Have A Healthy Balance Sheet?

Mar 26

Recent updates

Here's Why Binasat Communications Berhad (KLSE:BINACOM) Can Manage Its Debt Responsibly

Oct 05

With EPS Growth And More, Binasat Communications Berhad (KLSE:BINACOM) Makes An Interesting Case

Mar 16

Binasat Communications Berhad's (KLSE:BINACOM) Earnings Are Weaker Than They Seem

Sep 05

Some Investors May Be Worried About Binasat Communications Berhad's (KLSE:BINACOM) Returns On Capital

Apr 29

Does Binasat Communications Berhad (KLSE:BINACOM) Have A Healthy Balance Sheet?

Mar 26

Binasat Communications Berhad (KLSE:BINACOM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Feb 27

A Look At The Fair Value Of Binasat Communications Berhad (KLSE:BINACOM)

Jan 06

Binasat Communications Berhad (KLSE:BINACOM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Nov 29

Financial Position Analysis

Short Term Liabilities: BINACOM's short term assets (MYR121.9M) exceed its short term liabilities (MYR32.0M).

Long Term Liabilities: BINACOM's short term assets (MYR121.9M) exceed its long term liabilities (MYR18.6M).

Debt to Equity History and Analysis

Debt Level: BINACOM has more cash than its total debt.

Reducing Debt: BINACOM's debt to equity ratio has reduced from 9.6% to 4.6% over the past 5 years.

Debt Coverage: BINACOM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if BINACOM's interest payments on its debt are well covered by EBIT.

Binasat Communications Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Here's Why Binasat Communications Berhad (KLSE:BINACOM) Can Manage Its Debt Responsibly

Does Binasat Communications Berhad (KLSE:BINACOM) Have A Healthy Balance Sheet?

Recent updates

Binasat Communications Berhad, Annual General Meeting, Jun 28, 2024

New minor risk - Financial data availability

Binasat Communications Berhad Appoints Mr. Teh Li King as Non Independent and Non Executive Director

Here's Why Binasat Communications Berhad (KLSE:BINACOM) Can Manage Its Debt Responsibly

Full year 2023 earnings released: EPS: RM0.012 (vs RM0.014 in FY 2022)

Third quarter 2023 earnings released: EPS: RM0.004 (vs RM0.004 in 3Q 2022)

With EPS Growth And More, Binasat Communications Berhad (KLSE:BINACOM) Makes An Interesting Case

Second quarter 2023 earnings released: EPS: RM0.004 (vs RM0.002 in 2Q 2022)

Binasat Communications Berhad Appoints Gan Kok Ling as Chairman of Nomination Committee, effective from January 1, 2023

First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.004 in 1Q 2022)

Insufficient new directors

Binasat Communications Berhad, Annual General Meeting, Nov 30, 2022

Binasat Communications Berhad's (KLSE:BINACOM) Earnings Are Weaker Than They Seem

Full year 2022 earnings released: EPS: RM0.014 (vs RM0.009 in FY 2021)

Third quarter 2022 earnings released

Insufficient new directors

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Binasat Communications Berhad Appoints Janice Chan Mei Ling as Joint Secretary

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Executive Director Bon Na has left the company

Insufficient new directors

Full year 2021 earnings released: EPS RM0.009 (vs RM0.011 in FY 2020)

Binasat Communications Berhad signed a share sale agreement to acquire a 51% stake in Borderless Connection Sdn. Bhd. from Nik Abdul Hakim Bin Abd Razak and Mohd Solehuddin Bin Yahya for MYR 18.4 million.

Third quarter 2021 earnings released: RM0.002 loss per share (vs RM0.001 profit in 3Q 2020)

Some Investors May Be Worried About Binasat Communications Berhad's (KLSE:BINACOM) Returns On Capital

Does Binasat Communications Berhad (KLSE:BINACOM) Have A Healthy Balance Sheet?

Second quarter 2021 earnings released: EPS RM0.004 (vs RM0.005 in 2Q 2020)

Binasat Communications Berhad (KLSE:BINACOM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

New 90-day high: RM0.44

A Look At The Fair Value Of Binasat Communications Berhad (KLSE:BINACOM)

New 90-day high: RM0.40

Binasat Communications Berhad has completed a Follow-on Equity Offering in the amount of MYR 6.801071 million.

New 90-day high: RM0.38

Binasat Communications Berhad (KLSE:BINACOM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

First quarter 2021 earnings released: EPS RM0.005

New 90-day low: RM0.29

New 90-day low: RM0.36

Full year earnings released - EPS RM0.011

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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