MCE Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MCE Holdings Berhad has a total shareholder equity of MYR120.8M and total debt of MYR12.9M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are MYR169.5M and MYR48.7M respectively. MCE Holdings Berhad's EBIT is MYR22.9M making its interest coverage ratio 21.1. It has cash and short-term investments of MYR30.1M.
Key information
10.6%
Debt to equity ratio
RM12.86m
Debt
Interest coverage ratio | 21.1x |
Cash | RM30.06m |
Equity | RM120.81m |
Total liabilities | RM48.73m |
Total assets | RM169.53m |
Recent financial health updates
MCE Holdings Berhad (KLSE:MCEHLDG) Could Easily Take On More Debt
Oct 02These 4 Measures Indicate That MCE Holdings Berhad (KLSE:MCEHLDG) Is Using Debt Reasonably Well
Mar 18Is MCE Holdings Berhad (KLSE:MCEHLDG) A Risky Investment?
Dec 14Here's Why MCE Holdings Berhad (KLSE:MCEHLDG) Has A Meaningful Debt Burden
Jul 01Does MCE Holdings Berhad (KLSE:MCEHLDG) Have A Healthy Balance Sheet?
Sep 10Is MCE Holdings Berhad (KLSE:MCEHLDG) Using Too Much Debt?
May 24Recent updates
MCE Holdings Berhad (KLSE:MCEHLDG) Held Back By Insufficient Growth Even After Shares Climb 28%
Feb 12MCE Holdings Berhad's (KLSE:MCEHLDG) Profits May Not Reveal Underlying Issues
Dec 28MCE Holdings Berhad's (KLSE:MCEHLDG) Shares Leap 30% Yet They're Still Not Telling The Full Story
Dec 21MCE Holdings Berhad (KLSE:MCEHLDG) Could Easily Take On More Debt
Oct 02We Like These Underlying Return On Capital Trends At MCE Holdings Berhad (KLSE:MCEHLDG)
May 16MCE Holdings Berhad's (KLSE:MCEHLDG) Solid Profits Have Weak Fundamentals
Apr 05These 4 Measures Indicate That MCE Holdings Berhad (KLSE:MCEHLDG) Is Using Debt Reasonably Well
Mar 18Is MCE Holdings Berhad (KLSE:MCEHLDG) A Risky Investment?
Dec 14Here's Why MCE Holdings Berhad (KLSE:MCEHLDG) Has A Meaningful Debt Burden
Jul 01Does MCE Holdings Berhad (KLSE:MCEHLDG) Have A Healthy Balance Sheet?
Sep 10Is MCE Holdings Berhad (KLSE:MCEHLDG) Using Too Much Debt?
May 24MCE Holdings Berhad (KLSE:MCEHLDG) Shareholders Will Want The ROCE Trajectory To Continue
Mar 30Does MCE Holdings Berhad (KLSE:MCEHLDG) Have A Healthy Balance Sheet?
Dec 23Financial Position Analysis
Short Term Liabilities: MCEHLDG's short term assets (MYR80.8M) exceed its short term liabilities (MYR35.3M).
Long Term Liabilities: MCEHLDG's short term assets (MYR80.8M) exceed its long term liabilities (MYR13.4M).
Debt to Equity History and Analysis
Debt Level: MCEHLDG has more cash than its total debt.
Reducing Debt: MCEHLDG's debt to equity ratio has increased from 0.2% to 10.6% over the past 5 years.
Debt Coverage: MCEHLDG's debt is well covered by operating cash flow (236.3%).
Interest Coverage: MCEHLDG's interest payments on its debt are well covered by EBIT (21.1x coverage).