Malaysian Resources Corporation Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Malaysian Resources Berhad has a total shareholder equity of MYR4.6B and total debt of MYR2.1B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are MYR8.9B and MYR4.3B respectively. Malaysian Resources Berhad's EBIT is MYR59.4M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR771.8M.
Key information
45.0%
Debt to equity ratio
RM 2.08b
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM 771.81m |
| Equity | RM 4.61b |
| Total liabilities | RM 4.30b |
| Total assets | RM 8.91b |
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
At RM0.64, Is Malaysian Resources Corporation Berhad (KLSE:MRCB) Worth Looking At Closely?
Sep 19Malaysian Resources Corporation Berhad (KLSE:MRCB) Could Be At Risk Of Shrinking As A Company
Jul 25Malaysian 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 (MYR3.3B) exceed its short term liabilities (MYR2.0B).
Long Term Liabilities: MRCB's short term assets (MYR3.3B) exceed its long term liabilities (MYR2.3B).
Debt to Equity History and Analysis
Debt Level: MRCB's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: MRCB's debt to equity ratio has increased from 30.2% to 45% over the past 5 years.
Debt Coverage: MRCB's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: MRCB's interest payments on its debt are not well covered by EBIT (0.7x coverage).