Mercury Industries Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Mercury Industries Berhad has a total shareholder equity of MYR50.8M and total debt of MYR3.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are MYR75.5M and MYR24.7M respectively.
Key information
6.3%
Debt to equity ratio
RM3.19m
Debt
Interest coverage ratio | n/a |
Cash | RM311.00k |
Equity | RM50.76m |
Total liabilities | RM24.73m |
Total assets | RM75.49m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MERCURY's short term assets (MYR25.5M) exceed its short term liabilities (MYR24.7M).
Long Term Liabilities: MERCURY's short term assets (MYR25.5M) exceed its long term liabilities (MYR4.0K).
Debt to Equity History and Analysis
Debt Level: MERCURY's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: MERCURY's debt to equity ratio has reduced from 46.9% to 6.3% 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 grow at historical rates of 11.8% each year.