Perak Transit Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Perak Transit Berhad has a total shareholder equity of MYR649.1M and total debt of MYR537.1M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are MYR1.3B and MYR616.7M respectively. Perak Transit Berhad's EBIT is MYR91.7M making its interest coverage ratio 8.7. It has cash and short-term investments of MYR70.3M.
Key information
82.7%
Debt to equity ratio
RM537.06m
Debt
| Interest coverage ratio | 8.7x |
| Cash | RM70.30m |
| Equity | RM649.07m |
| Total liabilities | RM616.68m |
| Total assets | RM1.27b |
Recent financial health updates
Perak Transit Berhad (KLSE:PTRANS) Takes On Some Risk With Its Use Of Debt
Aug 26
Is Perak Transit Berhad (KLSE:PTRANS) A Risky Investment?
Feb 07Is Perak Transit Berhad (KLSE:PTRANS) Using Too Much Debt?
Nov 02Does Perak Transit Berhad (KLSE:PTRANS) Have A Healthy Balance Sheet?
May 10These 4 Measures Indicate That Perak Transit Berhad (KLSE:PTRANS) Is Using Debt Extensively
Jan 25Recent updates
Perak Transit Berhad (KLSE:PTRANS) Takes On Some Risk With Its Use Of Debt
Aug 26Is Perak Transit Berhad (KLSE:PTRANS) A Risky Investment?
Feb 07Is Perak Transit Berhad (KLSE:PTRANS) Using Too Much Debt?
Nov 02Perak Transit Berhad (KLSE:PTRANS) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 24Here's What To Make Of Perak Transit Berhad's (KLSE:PTRANS) Decelerating Rates Of Return
Aug 21At RM0.67, Is Perak Transit Berhad (KLSE:PTRANS) Worth Looking At Closely?
May 26Does Perak Transit Berhad (KLSE:PTRANS) Have A Healthy Balance Sheet?
May 10Is Perak Transit Berhad's (KLSE:PTRANS) Stock's Recent Performance A Reflection Of Its Financial Health?
Mar 10The Returns At Perak Transit Berhad (KLSE:PTRANS) Provide Us With Signs Of What's To Come
Feb 22Is There Now An Opportunity In Perak Transit Berhad (KLSE:PTRANS)?
Feb 09
These 4 Measures Indicate That Perak Transit Berhad (KLSE:PTRANS) Is Using Debt Extensively
Jan 25What Type Of Returns Would Perak Transit Berhad's(KLSE:PTRANS) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 11What Type Of Shareholders Make Up Perak Transit Berhad's (KLSE:PTRANS) Share Registry?
Dec 29We're Not So Sure You Should Rely on Perak Transit Berhad's (KLSE:PTRANS) Statutory Earnings
Dec 17Should You Be Adding Perak Transit Berhad (KLSE:PTRANS) To Your Watchlist Today?
Dec 05The Trends At Perak Transit Berhad (KLSE:PTRANS) That You Should Know About
Nov 24Financial Position Analysis
Short Term Liabilities: PTRANS's short term assets (MYR128.3M) exceed its short term liabilities (MYR86.3M).
Long Term Liabilities: PTRANS's short term assets (MYR128.3M) do not cover its long term liabilities (MYR530.4M).
Debt to Equity History and Analysis
Debt Level: PTRANS's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: PTRANS's debt to equity ratio has increased from 72.6% to 82.7% over the past 5 years.
Debt Coverage: PTRANS's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: PTRANS's interest payments on its debt are well covered by EBIT (8.7x coverage).