Mercury Industries Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Mercury Industries Berhad has a total shareholder equity of MYR41.6M and total debt of MYR5.7M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are MYR75.1M and MYR33.5M respectively.
Key information
13.6%
Debt to equity ratio
RM 5.67m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 685.04k |
| Equity | RM 41.61m |
| Total liabilities | RM 33.51m |
| Total assets | RM 75.13m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MERCURY's short term assets (MYR29.3M) exceed its short term liabilities (MYR19.3M).
Long Term Liabilities: MERCURY's short term assets (MYR29.3M) exceed its long term liabilities (MYR14.2M).
Debt to Equity History and Analysis
Debt Level: MERCURY's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: MERCURY's debt to equity ratio has reduced from 49.1% to 13.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MERCURY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MERCURY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.5% each year