Aspen (Group) Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Aspen (Group) Holdings has a total shareholder equity of MYR357.9M and total debt of MYR130.3M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are MYR1.0B and MYR644.0M respectively. Aspen (Group) Holdings's EBIT is MYR91.9M making its interest coverage ratio 6. It has cash and short-term investments of MYR17.9M.
Key information
36.4%
Debt to equity ratio
RM130.34m
Debt
| Interest coverage ratio | 6x |
| Cash | RM17.94m |
| Equity | RM357.92m |
| Total liabilities | RM644.03m |
| Total assets | RM1.00b |
Recent financial health updates
Is Aspen (Group) Holdings (SGX:1F3) Weighed On By Its Debt Load?
Sep 26
Is Aspen (Group) Holdings (SGX:1F3) Using Debt In A Risky Way?
Jun 13Is Aspen (Group) Holdings (SGX:1F3) Using Too Much Debt?
Feb 28Is Aspen (Group) Holdings (SGX:1F3) Using Debt Sensibly?
Sep 27Does Aspen (Group) Holdings (SGX:1F3) Have A Healthy Balance Sheet?
Nov 29Aspen (Group) Holdings (SGX:1F3) Has A Somewhat Strained Balance Sheet
Aug 23Recent updates
Aspen (Group) Holdings Limited's (SGX:1F3) Share Price Boosted 48% But Its Business Prospects Need A Lift Too
Apr 09There's No Escaping Aspen (Group) Holdings Limited's (SGX:1F3) Muted Earnings Despite A 95% Share Price Rise
Feb 21Calculating The Fair Value Of Aspen (Group) Holdings Limited (SGX:1F3)
Nov 27Is Aspen (Group) Holdings (SGX:1F3) Weighed On By Its Debt Load?
Sep 26Is Aspen (Group) Holdings (SGX:1F3) Using Debt In A Risky Way?
Jun 13Is Aspen (Group) Holdings (SGX:1F3) Using Too Much Debt?
Feb 28Is Aspen (Group) Holdings (SGX:1F3) Using Debt Sensibly?
Sep 27Does Aspen (Group) Holdings (SGX:1F3) Have A Healthy Balance Sheet?
Nov 29Aspen (Group) Holdings (SGX:1F3) Has A Somewhat Strained Balance Sheet
Aug 23There's No Escaping Aspen (Group) Holdings Limited's (SGX:1F3) Muted Earnings
Jun 02Aspen (Group) Holdings (SGX:1F3) Use Of Debt Could Be Considered Risky
Apr 19Aspen (Group) Holdings' (SGX:1F3) Profits Appear To Have Quality Issues
Mar 08Is Aspen (Group) Holdings Limited's (SGX:1F3) Shareholder Ownership Skewed Towards Insiders?
Feb 16
Financial Position Analysis
Short Term Liabilities: 1F3's short term assets (MYR483.5M) exceed its short term liabilities (MYR388.6M).
Long Term Liabilities: 1F3's short term assets (MYR483.5M) exceed its long term liabilities (MYR255.4M).
Debt to Equity History and Analysis
Debt Level: 1F3's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 1F3's debt to equity ratio has reduced from 37.4% to 36.4% over the past 5 years.
Debt Coverage: 1F3's debt is well covered by operating cash flow (84.6%).
Interest Coverage: 1F3's interest payments on its debt are well covered by EBIT (6x coverage).