Astaka Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Astaka Holdings has a total shareholder equity of MYR76.2M and total debt of MYR11.8M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are MYR250.3M and MYR174.1M respectively.
Key information
15.5%
Debt to equity ratio
RM 11.77m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 13.04m |
| Equity | RM 76.17m |
| Total liabilities | RM 174.09m |
| Total assets | RM 250.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42S's short term assets (MYR249.9M) exceed its short term liabilities (MYR174.1M).
Long Term Liabilities: 42S has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 42S has more cash than its total debt.
Reducing Debt: 42S's debt to equity ratio has reduced from 48.1% to 15.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 42S has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 42S is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.2% per year.