Gas Malaysia Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Gas Malaysia Berhad has a total shareholder equity of MYR1.4B and total debt of MYR332.1M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are MYR3.3B and MYR2.0B respectively. Gas Malaysia Berhad's EBIT is MYR534.8M making its interest coverage ratio -69.8. It has cash and short-term investments of MYR696.9M.
Key information
24.4%
Debt to equity ratio
RM 332.08m
Debt
| Interest coverage ratio | -69.8x |
| Cash | RM 696.91m |
| Equity | RM 1.36b |
| Total liabilities | RM 1.96b |
| Total assets | RM 3.32b |
Recent financial health updates
Gas Malaysia Berhad (KLSE:GASMSIA) Seems To Use Debt Rather Sparingly
Oct 20
Gas Malaysia Berhad (KLSE:GASMSIA) Could Easily Take On More Debt
Aug 20Here's Why Gas Malaysia Berhad (KLSE:GASMSIA) Can Manage Its Debt Responsibly
Jun 14Gas Malaysia Berhad (KLSE:GASMSIA) Seems To Use Debt Rather Sparingly
Mar 04Is Gas Malaysia Berhad (KLSE:GASMSIA) Using Too Much Debt?
Nov 30Recent updates
Gas Malaysia Berhad (KLSE:GASMSIA) Seems To Use Debt Rather Sparingly
Oct 20Gas Malaysia Berhad's (KLSE:GASMSIA) Dividend Will Be MYR0.0862
May 09Gas Malaysia Berhad (KLSE:GASMSIA) Has Affirmed Its Dividend Of MYR0.0862
Apr 25Gas Malaysia Berhad Just Beat EPS By 6.5%: Here's What Analysts Think Will Happen Next
Feb 22Gas Malaysia Berhad's (KLSE:GASMSIA) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 06Gas Malaysia Berhad (KLSE:GASMSIA) Has Announced That Its Dividend Will Be Reduced To MYR0.0572
Aug 23Gas Malaysia Berhad's (KLSE:GASMSIA) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20Gas Malaysia Berhad's (KLSE:GASMSIA) Intrinsic Value Is Potentially 33% Above Its Share Price
Sep 28Gas Malaysia Berhad's (KLSE:GASMSIA) Dividend Will Be Increased To MYR0.059
Aug 21Gas Malaysia Berhad (KLSE:GASMSIA) Could Easily Take On More Debt
Aug 20We Like Gas Malaysia Berhad's (KLSE:GASMSIA) Returns And Here's How They're Trending
Jul 13Gas Malaysia Berhad (KLSE:GASMSIA) Is Paying Out A Larger Dividend Than Last Year
May 05Gas Malaysia Berhad (KLSE:GASMSIA) Has Announced That It Will Be Increasing Its Dividend To RM0.069
Apr 21Gas Malaysia Berhad's (KLSE:GASMSIA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 21Gas Malaysia Berhad (KLSE:GASMSIA) Is Increasing Its Dividend To RM0.06
Feb 18We Like The Quality Of Gas Malaysia Berhad's (KLSE:GASMSIA) Earnings
Aug 24Gas Malaysia Berhad's (KLSE:GASMSIA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 19Here's Why Gas Malaysia Berhad (KLSE:GASMSIA) Can Manage Its Debt Responsibly
Jun 14Shareholders Would Enjoy A Repeat Of Gas Malaysia Berhad's (KLSE:GASMSIA) Recent Growth In Returns
Mar 22Gas Malaysia Berhad (KLSE:GASMSIA) Stock Goes Ex-Dividend In Just Three Days
Mar 07Gas Malaysia Berhad (KLSE:GASMSIA) Seems To Use Debt Rather Sparingly
Mar 04Read This Before Buying Gas Malaysia Berhad (KLSE:GASMSIA) For Its Dividend
Feb 17Gas Malaysia Berhad (KLSE:GASMSIA) Has Compensated Shareholders With A Respectable 45% Return On Their Investment
Jan 30
A Look At The Intrinsic Value Of Gas Malaysia Berhad (KLSE:GASMSIA)
Jan 15Do Fundamentals Have Any Role To Play In Driving Gas Malaysia Berhad's (KLSE:GASMSIA) Stock Up Recently?
Dec 30Will Gas Malaysia Berhad's (KLSE:GASMSIA) Growth In ROCE Persist?
Dec 15Is Gas Malaysia Berhad (KLSE:GASMSIA) Using Too Much Debt?
Nov 30Financial Position Analysis
Short Term Liabilities: GASMSIA's short term assets (MYR1.5B) do not cover its short term liabilities (MYR1.6B).
Long Term Liabilities: GASMSIA's short term assets (MYR1.5B) exceed its long term liabilities (MYR315.8M).
Debt to Equity History and Analysis
Debt Level: GASMSIA has more cash than its total debt.
Reducing Debt: GASMSIA's debt to equity ratio has reduced from 28.1% to 24.4% over the past 5 years.
Debt Coverage: GASMSIA's debt is well covered by operating cash flow (130.5%).
Interest Coverage: GASMSIA earns more interest than it pays, so coverage of interest payments is not a concern.