PETRONAS Gas Berhad Balance Sheet Health
Financial Health criteria checks 5/6
PETRONAS Gas Berhad has a total shareholder equity of MYR13.8B and total debt of MYR2.6B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are MYR19.3B and MYR5.5B respectively. PETRONAS Gas Berhad's EBIT is MYR2.3B making its interest coverage ratio 18.1. It has cash and short-term investments of MYR3.5B.
Key information
18.6%
Debt to equity ratio
RM2.56b
Debt
| Interest coverage ratio | 18.1x |
| Cash | RM3.53b |
| Equity | RM13.82b |
| Total liabilities | RM5.50b |
| Total assets | RM19.32b |
Recent financial health updates
Does PETRONAS Gas Berhad (KLSE:PETGAS) Have A Healthy Balance Sheet?
Sep 29
PETRONAS Gas Berhad (KLSE:PETGAS) Has A Pretty Healthy Balance Sheet
Jun 14These 4 Measures Indicate That PETRONAS Gas Berhad (KLSE:PETGAS) Is Using Debt Reasonably Well
Mar 14PETRONAS Gas Berhad (KLSE:PETGAS) Seems To Use Debt Quite Sensibly
Nov 24Here's Why PETRONAS Gas Berhad (KLSE:PETGAS) Can Manage Its Debt Responsibly
Jul 05These 4 Measures Indicate That PETRONAS Gas Berhad (KLSE:PETGAS) Is Using Debt Safely
Mar 25Recent updates
PETRONAS 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 04Estimating The Intrinsic Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Dec 10Does PETRONAS Gas Berhad (KLSE:PETGAS) Have A Healthy Balance Sheet?
Sep 29PETRONAS Gas Berhad (KLSE:PETGAS) Has Announced A Dividend Of MYR0.16
Aug 29A Look At The Fair Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Aug 15PETRONAS Gas Berhad (KLSE:PETGAS) Has A Pretty Healthy Balance Sheet
Jun 14The Returns At PETRONAS Gas Berhad (KLSE:PETGAS) Aren't Growing
May 24A Look At The Intrinsic Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
May 02These 4 Measures Indicate That PETRONAS Gas Berhad (KLSE:PETGAS) Is Using Debt Reasonably Well
Mar 14PETRONAS Gas Berhad (KLSE:PETGAS) Has Some Way To Go To Become A Multi-Bagger
Feb 14Calculating The Intrinsic Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Jan 24PETRONAS Gas Berhad (KLSE:PETGAS) Seems To Use Debt Quite Sensibly
Nov 24Returns At PETRONAS Gas Berhad (KLSE:PETGAS) Appear To Be Weighed Down
Oct 21PETRONAS Gas Berhad (KLSE:PETGAS) Shares Could Be 28% Below Their Intrinsic Value Estimate
Sep 30PETRONAS Gas Berhad (KLSE:PETGAS) Has Announced A Dividend Of MYR0.16
Aug 29Here's Why PETRONAS Gas Berhad (KLSE:PETGAS) Can Manage Its Debt Responsibly
Jul 05PETRONAS Gas Berhad's (KLSE:PETGAS) Intrinsic Value Is Potentially 33% Above Its Share Price
May 23These 4 Measures Indicate That PETRONAS Gas Berhad (KLSE:PETGAS) Is Using Debt Safely
Mar 25PETRONAS Gas Berhad (KLSE:PETGAS) Will Pay A Larger Dividend Than Last Year At RM0.32
Feb 24A Look At The Intrinsic Value Of PETRONAS Gas Berhad (KLSE:PETGAS)
Feb 13Investors Met With Slowing Returns on Capital At PETRONAS Gas Berhad (KLSE:PETGAS)
Jan 26These 4 Measures Indicate That PETRONAS Gas Berhad (KLSE:PETGAS) Is Using Debt Safely
Dec 21Financial Position Analysis
Short Term Liabilities: PETGAS's short term assets (MYR4.5B) exceed its short term liabilities (MYR2.4B).
Long Term Liabilities: PETGAS's short term assets (MYR4.5B) exceed its long term liabilities (MYR3.1B).
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 increased from 17.5% to 18.6% over the past 5 years.
Debt Coverage: PETGAS's debt is well covered by operating cash flow (117.2%).
Interest Coverage: PETGAS's interest payments on its debt are well covered by EBIT (18.1x coverage).