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 MYR45.2M making its interest coverage ratio 0.5. It has cash and short-term investments of MYR757.0M.
Key information
39.2%
Debt to equity ratio
RM1.80b
Debt
| Interest coverage ratio | 0.5x |
| Cash | RM756.96m |
| Equity | RM4.60b |
| Total liabilities | RM4.24b |
| Total assets | RM8.84b |
Recent financial health updates
Malaysian Resources Corporation Berhad (KLSE:MRCB) Takes On Some Risk With Its Use Of Debt
Sep 20
Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Weighed On By Its Debt Load?
Aug 18Does Malaysian Resources Corporation Berhad (KLSE:MRCB) Have A Healthy Balance Sheet?
Mar 10Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Using Too Much Debt?
Nov 25
Recent updates
Malaysian Resources Corporation Berhad (KLSE:MRCB) Strong Profits May Be Masking Some Underlying Issues
Apr 10Is There Now An Opportunity In Malaysian Resources Corporation Berhad (KLSE:MRCB)?
Jan 24Malaysian Resources Corporation Berhad's (KLSE:MRCB) Share Price Matching Investor Opinion
Jan 06Malaysian Resources Corporation Berhad (KLSE:MRCB) Takes On Some Risk With Its Use Of Debt
Sep 20Malaysian Resources Corporation Berhad (KLSE:MRCB) Shareholders Will Want The ROCE Trajectory To Continue
Aug 16Malaysian Resources Corporation Berhad (KLSE:MRCB) Is Finding It Tricky To Allocate Its Capital
Feb 03Are Investors Undervaluing Malaysian Resources Corporation Berhad (KLSE:MRCB) By 43%?
Nov 25Why Malaysian Resources Corporation Berhad (KLSE:MRCB) Could Be Worth Watching
Jun 02Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Weighed On By Its Debt Load?
Aug 18We Think Malaysian Resources Corporation Berhad's (KLSE:MRCB) CEO Compensation Package Needs To Be Put Under A Microscope
Jun 01Does Malaysian Resources Corporation Berhad (KLSE:MRCB) Have A Healthy Balance Sheet?
Mar 10How Many Malaysian Resources Corporation Berhad (KLSE:MRCB) Shares Do Institutions Own?
Feb 03If You Had Bought Malaysian Resources Corporation Berhad's (KLSE:MRCB) Shares Five Years Ago You Would Be Down 63%
Dec 30Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Using Too Much Debt?
Nov 25Financial 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 (0.5x coverage).