REDtone Digital Berhad Balance Sheet Health
Financial Health criteria checks 4/6
REDtone Digital Berhad has a total shareholder equity of MYR282.0M and total debt of MYR22.9M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are MYR489.1M and MYR207.1M respectively. REDtone Digital Berhad's EBIT is MYR66.2M making its interest coverage ratio 69.4. It has cash and short-term investments of MYR27.4M.
Key information
8.1%
Debt to equity ratio
RM 22.94m
Debt
| Interest coverage ratio | 69.4x |
| Cash | RM 27.45m |
| Equity | RM 282.01m |
| Total liabilities | RM 207.12m |
| Total assets | RM 489.12m |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On REDtone Digital Berhad (KLSE:REDTONE)
Dec 24
There Are Some Holes In REDtone Digital Berhad's (KLSE:REDTONE) Solid Earnings Release
Sep 04REDtone 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 (MYR336.7M) exceed its short term liabilities (MYR172.1M).
Long Term Liabilities: REDTONE's short term assets (MYR336.7M) exceed its long term liabilities (MYR35.0M).
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 8.1% 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 (69.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 00:49 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REDtone Digital Berhad is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Simeon Koh | CGS International |
| Boon Ong | DBS Vickers Research |
| Cheow-Ming Liang | Kenanga Research |