Perak Transit Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Perak Transit Berhad has a total shareholder equity of MYR658.7M and total debt of MYR524.1M, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are MYR1.3B and MYR610.4M respectively. Perak Transit Berhad's EBIT is MYR89.7M making its interest coverage ratio 9. It has cash and short-term investments of MYR60.2M.
Key information
79.6%
Debt to equity ratio
RM524.05m
Debt
Interest coverage ratio | 9x |
Cash | RM60.19m |
Equity | RM658.69m |
Total liabilities | RM610.36m |
Total assets | RM1.27b |
Recent financial health 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 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 09These 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 (MYR126.5M) exceed its short term liabilities (MYR95.6M).
Long Term Liabilities: PTRANS's short term assets (MYR126.5M) do not cover its long term liabilities (MYR514.7M).
Debt to Equity History and Analysis
Debt Level: PTRANS's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: PTRANS's debt to equity ratio has increased from 72.2% to 79.6% over the past 5 years.
Debt Coverage: PTRANS's debt is well covered by operating cash flow (20.4%).
Interest Coverage: PTRANS's interest payments on its debt are well covered by EBIT (9x coverage).