AirAsia X Berhad Balance Sheet Health
Financial Health criteria checks 4/6
AirAsia X Berhad has a total shareholder equity of MYR205.7M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR3.3B and MYR3.1B respectively. AirAsia X Berhad's EBIT is MYR35.1M making its interest coverage ratio 0.3. It has cash and short-term investments of MYR61.3M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | 0.3x |
| Cash | RM 61.28m |
| Equity | RM 205.68m |
| Total liabilities | RM 3.08b |
| Total assets | RM 3.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAX's short term assets (MYR733.7M) do not cover its short term liabilities (MYR1.4B).
Long Term Liabilities: AAX's short term assets (MYR733.7M) do not cover its long term liabilities (MYR1.7B).
Debt to Equity History and Analysis
Debt Level: AAX is debt free.
Reducing Debt: AAX has no debt compared to 5 years ago when its debt to equity ratio was 75.7%.
Debt Coverage: AAX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AAX has no debt, therefore coverage of interest payments is not a concern.