PETRONAS Gas Berhad Balance Sheet Health
Financial Health criteria checks 6/6
PETRONAS Gas Berhad has a total shareholder equity of MYR14.2B and total debt of MYR1.4B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are MYR18.5B and MYR4.4B respectively. PETRONAS Gas Berhad's EBIT is MYR2.3B making its interest coverage ratio 25.9. It has cash and short-term investments of MYR2.7B.
Key information
9.8%
Debt to equity ratio
RM 1.40b
Debt
| Interest coverage ratio | 25.9x |
| Cash | RM 2.66b |
| Equity | RM 14.18b |
| Total liabilities | RM 4.35b |
| Total assets | RM 18.53b |
Recent financial health updates
Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Oct 04
Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Jun 26Recent updates
Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Oct 04Returns On Capital At PETRONAS Gas Berhad (KLSE:PETGAS) Have Stalled
Sep 09Some Confidence Is Lacking In PETRONAS Gas Berhad's (KLSE:PETGAS) P/E
Aug 19A Look At The Fair Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Aug 01Is PETRONAS Gas Berhad (KLSE:PETGAS) Using Too Much Debt?
Jun 26The Returns At PETRONAS Gas Berhad (KLSE:PETGAS) Aren't Growing
Apr 22PETRONAS Gas Berhad Just Beat Revenue Estimates By 5.4%
Mar 03PETRONAS Gas Berhad's (KLSE:PETGAS) Business Is Trailing The Market But Its Shares Aren't
Jan 26Here's What To Make Of PETRONAS Gas Berhad's (KLSE:PETGAS) Decelerating Rates Of Return
Jan 04Financial Position Analysis
Short Term Liabilities: PETGAS's short term assets (MYR3.8B) exceed its short term liabilities (MYR1.3B).
Long Term Liabilities: PETGAS's short term assets (MYR3.8B) exceed its long term liabilities (MYR3.0B).
Debt to Equity History and Analysis
Debt Level: PETGAS has more cash than its total debt.
Reducing Debt: PETGAS's debt to equity ratio has reduced from 17% to 9.8% over the past 5 years.
Debt Coverage: PETGAS's debt is well covered by operating cash flow (208%).
Interest Coverage: PETGAS's interest payments on its debt are well covered by EBIT (25.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
PETRONAS Gas Berhad is covered by 28 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jianyuan Tan | Affin Hwang Investment Bank |
| Chee Chow | Affin Hwang Investment Bank |
| Ping Goh | Alliance Research Sdn. Bhd. |