MCE Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
MCE Holdings Berhad has a total shareholder equity of MYR161.2M and total debt of MYR21.7M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are MYR231.9M and MYR70.7M respectively. MCE Holdings Berhad's EBIT is MYR28.4M making its interest coverage ratio 40.4. It has cash and short-term investments of MYR111.3M.
Key information
13.48%
Debt to equity ratio
RM 21.73m
Debt
| Interest coverage ratio | 40.4x |
| Cash | RM 111.30m |
| Equity | RM 161.19m |
| Total liabilities | RM 70.70m |
| Total assets | RM 231.89m |
Recent financial health updates
Is MCE Holdings Berhad (KLSE:MCEHLDG) Using Too Much Debt?
May 09
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 10Recent updates
We Think You Should Be Aware Of Some Concerning Factors In MCE Holdings Berhad's (KLSE:MCEHLDG) Earnings
Apr 01MCE Holdings Berhad's (KLSE:MCEHLDG) Conservative Accounting Might Explain Soft Earnings
Jul 05MCE Holdings Berhad's (KLSE:MCEHLDG) Price Is Right But Growth Is Lacking
Jun 25Is MCE Holdings Berhad (KLSE:MCEHLDG) Using Too Much Debt?
May 09MCE 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 (MYR147.4M) exceed its short term liabilities (MYR48.3M).
Long Term Liabilities: MCEHLDG's short term assets (MYR147.4M) exceed its long term liabilities (MYR22.4M).
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 reduced from 25.4% to 13.5% over the past 5 years.
Debt Coverage: MCEHLDG's debt is well covered by operating cash flow (119.8%).
Interest Coverage: MCEHLDG's interest payments on its debt are well covered by EBIT (40.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 16:57 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MCE Holdings Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hock Lon Chia | RHB Investment Bank |
| Lee Horng | RHB Investment Bank |