Malaysian Resources Corporation Berhad

KLSE:MRCB Stock Report

Market Cap: RM3.1b

Malaysian Resources Corporation Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Malaysian Resources Berhad has a total shareholder equity of MYR4.6B and total debt of MYR1.8B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are MYR8.8B and MYR4.2B respectively. Malaysian Resources Berhad's EBIT is MYR34.5M making its interest coverage ratio 0.4. It has cash and short-term investments of MYR757.0M.

Key information

39.2%

Debt to equity ratio

RM1.80b

Debt

Interest coverage ratio0.4x
CashRM756.96m
EquityRM4.60b
Total liabilitiesRM4.24b
Total assetsRM8.84b

Recent financial health updates

Recent updates

Malaysian Resources Corporation Berhad (KLSE:MRCB) Strong Profits May Be Masking Some Underlying Issues

Apr 10
Malaysian Resources Corporation Berhad (KLSE:MRCB) Strong Profits May Be Masking Some Underlying Issues

Is There Now An Opportunity In Malaysian Resources Corporation Berhad (KLSE:MRCB)?

Jan 24
Is There Now An Opportunity In Malaysian Resources Corporation Berhad (KLSE:MRCB)?

Malaysian Resources Corporation Berhad's (KLSE:MRCB) Share Price Matching Investor Opinion

Jan 06
Malaysian Resources Corporation Berhad's (KLSE:MRCB) Share Price Matching Investor Opinion

Malaysian Resources Corporation Berhad (KLSE:MRCB) Takes On Some Risk With Its Use Of Debt

Sep 20
Malaysian Resources Corporation Berhad (KLSE:MRCB) Takes On Some Risk With Its Use Of Debt

Malaysian Resources Corporation Berhad (KLSE:MRCB) Shareholders Will Want The ROCE Trajectory To Continue

Aug 16
Malaysian Resources Corporation Berhad (KLSE:MRCB) Shareholders Will Want The ROCE Trajectory To Continue

Malaysian Resources Corporation Berhad (KLSE:MRCB) Is Finding It Tricky To Allocate Its Capital

Feb 03
Malaysian Resources Corporation Berhad (KLSE:MRCB) Is Finding It Tricky To Allocate Its Capital

Are Investors Undervaluing Malaysian Resources Corporation Berhad (KLSE:MRCB) By 43%?

Nov 25
Are Investors Undervaluing Malaysian Resources Corporation Berhad (KLSE:MRCB) By 43%?

Why Malaysian Resources Corporation Berhad (KLSE:MRCB) Could Be Worth Watching

Jun 02
Why Malaysian Resources Corporation Berhad (KLSE:MRCB) Could Be Worth Watching

Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Weighed On By Its Debt Load?

Aug 18
Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Weighed On By Its Debt Load?

We Think Malaysian Resources Corporation Berhad's (KLSE:MRCB) CEO Compensation Package Needs To Be Put Under A Microscope

Jun 01
We Think Malaysian Resources Corporation Berhad's (KLSE:MRCB) CEO Compensation Package Needs To Be Put Under A Microscope

Does Malaysian Resources Corporation Berhad (KLSE:MRCB) Have A Healthy Balance Sheet?

Mar 10
Does Malaysian Resources Corporation Berhad (KLSE:MRCB) Have A Healthy Balance Sheet?

How Many Malaysian Resources Corporation Berhad (KLSE:MRCB) Shares Do Institutions Own?

Feb 03
How Many Malaysian Resources Corporation Berhad (KLSE:MRCB) Shares Do Institutions Own?

If You Had Bought Malaysian Resources Corporation Berhad's (KLSE:MRCB) Shares Five Years Ago You Would Be Down 63%

Dec 30
If You Had Bought Malaysian Resources Corporation Berhad's (KLSE:MRCB) Shares Five Years Ago You Would Be Down 63%

Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Using Too Much Debt?

Nov 25
Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: MRCB's short term assets (MYR3.4B) exceed its short term liabilities (MYR2.1B).

Long Term Liabilities: MRCB's short term assets (MYR3.4B) exceed its long term liabilities (MYR2.1B).


Debt to Equity History and Analysis

Debt Level: MRCB's net debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: MRCB's debt to equity ratio has increased from 30.4% to 39.2% over the past 5 years.

Debt Coverage: MRCB's debt is well covered by operating cash flow (27.3%).

Interest Coverage: MRCB's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


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