REDtone Digital Berhad Balance Sheet Health
Financial Health criteria checks 6/6
REDtone Digital Berhad has a total shareholder equity of MYR266.1M and total debt of MYR1.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR366.5M and MYR100.5M respectively. REDtone Digital Berhad's EBIT is MYR71.1M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR84.7M.
Key information
0.4%
Debt to equity ratio
RM1.16m
Debt
| Interest coverage ratio | 5.5x |
| Cash | RM84.68m |
| Equity | RM266.06m |
| Total liabilities | RM100.46m |
| Total assets | RM366.52m |
Recent financial health updates
No updates
Recent updates
REDtone Digital Berhad (KLSE:REDTONE) Is Achieving High Returns On Its Capital
Feb 16
Investors 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 (MYR201.9M) exceed its short term liabilities (MYR94.8M).
Long Term Liabilities: REDTONE's short term assets (MYR201.9M) exceed its long term liabilities (MYR5.6M).
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 reduced from 1.2% to 0.4% over the past 5 years.
Debt Coverage: REDTONE's debt is well covered by operating cash flow (9175.7%).
Interest Coverage: REDTONE's interest payments on its debt are well covered by EBIT (5.5x coverage).