PETRONAS Gas Berhad Balance Sheet Health
Financial Health criteria checks 6/6
PETRONAS Gas Berhad has a total shareholder equity of MYR14.0B and total debt of MYR1.4B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are MYR18.2B and MYR4.2B respectively. PETRONAS Gas Berhad's EBIT is MYR2.3B making its interest coverage ratio 24.9. It has cash and short-term investments of MYR2.5B.
Key information
10.0%
Debt to equity ratio
RM 1.40b
Debt
| Interest coverage ratio | 24.9x |
| Cash | RM 2.52b |
| Equity | RM 14.02b |
| Total liabilities | RM 4.18b |
| Total assets | RM 18.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNAG.F's short term assets (MYR3.6B) exceed its short term liabilities (MYR1.1B).
Long Term Liabilities: PNAG.F's short term assets (MYR3.6B) exceed its long term liabilities (MYR3.1B).
Debt to Equity History and Analysis
Debt Level: PNAG.F has more cash than its total debt.
Reducing Debt: PNAG.F's debt to equity ratio has reduced from 17% to 10% over the past 5 years.
Debt Coverage: PNAG.F's debt is well covered by operating cash flow (220.1%).
Interest Coverage: PNAG.F's interest payments on its debt are well covered by EBIT (24.9x coverage).