REDtone Digital Berhad Balance Sheet Health
Financial Health criteria checks 4/6
REDtone Digital Berhad has a total shareholder equity of MYR298.0M and total debt of MYR4.9M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are MYR467.0M and MYR169.0M respectively. REDtone Digital Berhad's EBIT is MYR67.2M making its interest coverage ratio 250.7. It has cash and short-term investments of MYR83.6M.
Key information
1.7%
Debt to equity ratio
RM 4.93m
Debt
| Interest coverage ratio | 250.7x |
| Cash | RM 83.62m |
| Equity | RM 298.02m |
| Total liabilities | RM 168.98m |
| Total assets | RM 467.00m |
Recent financial health updates
No updates
Recent updates
There Are Some Holes In REDtone Digital Berhad's (KLSE:REDTONE) Solid Earnings Release
Sep 04
REDtone Digital Berhad's (KLSE:REDTONE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03REDtone Digital Berhad (KLSE:REDTONE) Has Some Way To Go To Become A Multi-Bagger
Jul 04Shareholders Should Be Pleased With REDtone Digital Berhad's (KLSE:REDTONE) Price
May 09REDtone Digital Berhad (KLSE:REDTONE) Is Achieving High Returns On Its Capital
Feb 16Investors Still Aren't Entirely Convinced By REDtone Digital Berhad's (KLSE:REDTONE) Earnings Despite 25% Price Jump
Jan 26The Trend Of High Returns At REDtone Digital Berhad (KLSE:REDTONE) Has Us Very Interested
May 16REDtone Digital Berhad's (KLSE:REDTONE) Dividend Will Be MYR0.018
Sep 08REDtone Digital Berhad (KLSE:REDTONE) Has Announced A Dividend Of MYR0.018
Aug 25Is Now An Opportune Moment To Examine REDtone Digital Berhad (KLSE:REDTONE)?
Jan 08Does REDtone Digital Berhad (KLSE:REDTONE) Deserve A Spot On Your Watchlist?
Sep 27Is REDtone Digital Berhad (KLSE:REDTONE) At Risk Of Cutting Its Dividend?
Apr 07REDtone Digital Berhad (KLSE:REDTONE): Are Investors Overlooking Returns On Capital?
Mar 17REDtone Digital Berhad's (KLSE:REDTONE) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 24REDtone Digital Berhad's (KLSE:REDTONE) Shareholders Are Down 36% On Their Shares
Feb 03Here's Why REDtone Digital Berhad's (KLSE:REDTONE) Statutory Earnings Are Arguably Too Conservative
Jan 16Is REDtone Digital Berhad (KLSE:REDTONE) A Risky Dividend Stock?
Dec 29Why We Like The Returns At REDtone International Berhad (KLSE:REDTONE)
Dec 11
REDtone International Berhad's (KLSE:REDTONE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: REDTONE's short term assets (MYR347.9M) exceed its short term liabilities (MYR136.7M).
Long Term Liabilities: REDTONE's short term assets (MYR347.9M) exceed its long term liabilities (MYR32.3M).
Debt to Equity History and Analysis
Debt Level: REDTONE has more cash than its total debt.
Reducing Debt: REDTONE's debt to equity ratio has increased from 1% to 1.7% over the past 5 years.
Debt Coverage: REDTONE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REDTONE's interest payments on its debt are well covered by EBIT (250.7x coverage).