Axiata Group Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Axiata Group Berhad has a total shareholder equity of MYR28.2B and total debt of MYR24.9B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are MYR78.4B and MYR50.2B respectively. Axiata Group Berhad's EBIT is MYR2.5B making its interest coverage ratio 1.3. It has cash and short-term investments of MYR4.4B.
Key information
88.0%
Debt to equity ratio
RM24.86b
Debt
Interest coverage ratio | 1.3x |
Cash | RM4.44b |
Equity | RM28.24b |
Total liabilities | RM50.18b |
Total assets | RM78.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXXT.F's short term assets (MYR10.6B) do not cover its short term liabilities (MYR15.2B).
Long Term Liabilities: AXXT.F's short term assets (MYR10.6B) do not cover its long term liabilities (MYR35.0B).
Debt to Equity History and Analysis
Debt Level: AXXT.F's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: AXXT.F's debt to equity ratio has increased from 83.2% to 88% over the past 5 years.
Debt Coverage: AXXT.F's debt is well covered by operating cash flow (31.6%).
Interest Coverage: AXXT.F's interest payments on its debt are not well covered by EBIT (1.3x coverage).