AirAsia X Berhad Balance Sheet Health

Financial Health criteria checks 4/6

AirAsia X Berhad has a total shareholder equity of MYR328.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR3.4B and MYR3.0B respectively. AirAsia X Berhad's EBIT is MYR307.9M making its interest coverage ratio 3.2. It has cash and short-term investments of MYR278.1M.

Key information

0%

Debt to equity ratio

RM 0

Debt

Interest coverage ratio3.2x
CashRM 278.14m
EquityRM 328.85m
Total liabilitiesRM 3.03b
Total assetsRM 3.36b

Recent financial health updates

No updates

Recent updates

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Fleet Expansion And New Routes Could Extend Reach, But Rising Costs May Impact Profitability

Expanded fleet and routes to new markets aim to increase capacity, enhance revenue, and diversify earnings through broader network and passenger growth.

We Think You Can Look Beyond AirAsia X Berhad's (KLSE:AAX) Lackluster Earnings

Mar 07
We Think You Can Look Beyond AirAsia X Berhad's (KLSE:AAX) Lackluster Earnings

Forecast: Analysts Think AirAsia X Berhad's (KLSE:AAX) Business Prospects Have Improved Drastically

Mar 05
Forecast: Analysts Think AirAsia X Berhad's (KLSE:AAX) Business Prospects Have Improved Drastically

Market Might Still Lack Some Conviction On AirAsia X Berhad (KLSE:AAX) Even After 33% Share Price Boost

Sep 28
Market Might Still Lack Some Conviction On AirAsia X Berhad (KLSE:AAX) Even After 33% Share Price Boost

Why The 22% Return On Capital At AirAsia X Berhad (KLSE:AAX) Should Have Your Attention

Mar 04
Why The 22% Return On Capital At AirAsia X Berhad (KLSE:AAX) Should Have Your Attention

Financial Position Analysis

Short Term Liabilities: AAX's short term assets (MYR791.8M) do not cover its short term liabilities (MYR1.3B).

Long Term Liabilities: AAX's short term assets (MYR791.8M) 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 220.3%.

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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 16:29
End of Day Share Price 2025/05/22 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

AirAsia X Berhad is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jianyuan TanAffin Hwang Investment Bank
Kee TanAlliance Research Sdn. Bhd.
Patrick XuBarclays