Riverstone Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Riverstone Holdings has a total shareholder equity of MYR1.6B and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR1.8B and MYR183.6M respectively. Riverstone Holdings's EBIT is MYR347.3M making its interest coverage ratio -12.3. It has cash and short-term investments of MYR790.1M.

Key information

Debt to equity ratio

RM 0

Debt

Interest coverage ratio	-12.3x
Cash	RM 790.08m
Equity	RM 1.61b
Total liabilities	RM 183.64m
Total assets	RM 1.80b

Recent financial health updates

Is Riverstone Holdings (SGX:AP4) Using Too Much Debt?

Mar 13

Recent updates

Riverstone Holdings' (SGX:AP4) Returns On Capital Not Reflecting Well On The Business

Aug 02

Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Mar 31

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Mar 01

Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

Jan 27

An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Oct 26

Riverstone Holdings Limited (SGX:AP4) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jan 19

If You Like EPS Growth Then Check Out Riverstone Holdings (SGX:AP4) Before It's Too Late

Nov 19

This Just In: Analysts Are Boosting Their Riverstone Holdings Limited (SGX:AP4) Outlook for This Year

May 13

I Ran A Stock Scan For Earnings Growth And Riverstone Holdings (SGX:AP4) Passed With Ease

Apr 15

Is Riverstone Holdings Limited (SGX:AP4) A Smart Choice For Dividend Investors?

Mar 28

Is Riverstone Holdings (SGX:AP4) Using Too Much Debt?

Mar 13

Time To Worry? Analysts Just Downgraded Their Riverstone Holdings Limited (SGX:AP4) Outlook

Feb 26

Financial Position Analysis

Short Term Liabilities: AP4's short term assets (MYR1.1B) exceed its short term liabilities (MYR124.1M).

Long Term Liabilities: AP4's short term assets (MYR1.1B) exceed its long term liabilities (MYR59.6M).

Debt to Equity History and Analysis

Debt Level: AP4 is debt free.

Reducing Debt: AP4 has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.

Debt Coverage: AP4 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AP4 has no debt, therefore coverage of interest payments is not a concern.

Riverstone Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Is Riverstone Holdings (SGX:AP4) Using Too Much Debt?

Recent updates

Investor sentiment improves as stock rises 17%

Dividend of RM0.04 announced

Price target increased by 7.3% to S$1.11

Third quarter 2024 earnings released: EPS: RM0.049 (vs RM0.04 in 3Q 2023)

Upcoming dividend of RM0.04 per share

Dividend of RM0.04 announced

Riverstone Holdings Limited Proposes Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2024, Payable on 4 October 2024

Second quarter 2024 earnings released: EPS: RM0.049 (vs RM0.032 in 2Q 2023)

Riverstone Holdings' (SGX:AP4) Returns On Capital Not Reflecting Well On The Business

Riverstone Holdings Limited Proposes Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2024, Payable on 7 June 2024

Price target increased by 15% to S$0.95

First quarter 2024 earnings released: EPS: RM0.049 (vs RM0.032 in 1Q 2023)

Riverstone Holdings Limited Recommends One-Tier Tax Exempt Interim Dividend for the First Quarter Period Ended 31 March 2024

Upcoming dividend of RM0.075 per share

Dividend of RM0.075 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Riverstone Holdings Limited, Annual General Meeting, Apr 22, 2024

Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Price target increased by 7.0% to S$0.83

Fourth quarter dividend of RM0.13 announced

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Now 23% undervalued

Price target increased by 21% to S$0.75

Riverstone Holdings Limited Proposes Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2023, Payable on December 8, 2023

Third quarter 2023 earnings released: EPS: RM0.04 (vs RM0.043 in 3Q 2022)

Riverstone Holdings Limited Declares One-Tier Tax Exempt Interim Dividend for Nine Months Period Ended 30 September 2023

Upcoming dividend of RM0.05 per share at 16% yield

Consensus EPS estimates increase by 16%

Second quarter 2023 earnings released: EPS: RM0.032 (vs RM0.068 in 2Q 2022)

New major risk - Revenue and earnings growth

High number of new and inexperienced directors

Riverstone Holdings Limited Appoints Ms. Chong Chu Mee as Alternate Director

First quarter 2023 earnings released: EPS: RM0.032 (vs RM0.073 in 1Q 2022)

Upcoming dividend of RM0.10 per share at 17% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings released: EPS: RM0.21 (vs RM0.96 in FY 2021)

Riverstone Holdings Appoints Francisco Salas as Managing Director

Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

Consensus EPS estimates fall by 15%

Now 22% undervalued after recent price drop

Riverstone Holdings Limited Proposes Second Interim Tax Exempt (One-Tier) Dividend for Financial Year Ending 31 December 2022, Payable on 2 December 2022

Now 21% undervalued after recent price drop

Price target decreased to S$0.69

Riverstone Holdings Limited Proposes Second Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2022

Price target decreased to S$0.69

Third quarter 2022 earnings released: EPS: RM0.043 (vs RM0.18 in 3Q 2021)

Riverstone Holdings Limited to Report Q3, 2022 Results on Nov 14, 2022

An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Upcoming dividend of RM0.10 per share

Riverstone Holdings Limited (SGX:AP4) agreed to acquire Endurance at Lloyd’s run-off business from Sompo International Holdings Ltd.

Some Analysts Just Cut Their Riverstone Holdings Limited (SGX:AP4) Estimates

Consensus revenue estimates fall by 11%

We Like Riverstone Holdings' (SGX:AP4) Returns And Here's How They're Trending

Now 24% undervalued after recent price drop

Price target decreased to S$0.78

Riverstone Holdings Limited Recommends an Interim Dividend for the Year 2022

Second quarter 2022 earnings released

Now 23% undervalued after recent price drop

Now 21% undervalued

A Look At The Intrinsic Value Of Riverstone Holdings Limited (SGX:AP4)

Upcoming dividend of RM0.28 per share

Riverstone Holdings Limited Approves Payment of Proposed Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

Riverstone Holdings Limited Proposes Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2021, Payable on 19 May 2022

Riverstone Holdings Limited, Annual General Meeting, Apr 25, 2022

Investor sentiment improved over the past week

Upcoming dividend of RM0.10 per share

Now 21% undervalued

Consensus revenue estimates fall by 16%

Riverstone Holdings Limited Announces Declaration of Special Dividend for the Financial Year Ended 31 December 2021, Payable on 6 April 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Here's Why I Think Riverstone Holdings (SGX:AP4) Is An Interesting Stock

Riverstone Holdings Limited (SGX:AP4) Shares Could Be 20% Below Their Intrinsic Value Estimate