Master Tec Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Master Tec Group Berhad has a total shareholder equity of MYR109.7M and total debt of MYR79.2M, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are MYR225.5M and MYR115.7M respectively. Master Tec Group Berhad's EBIT is MYR33.1M making its interest coverage ratio 10.1. It has cash and short-term investments of MYR43.7M.
Key information
72.2%
Debt to equity ratio
RM79.19m
Debt
| Interest coverage ratio | 10.1x |
| Cash | RM43.74m |
| Equity | RM109.74m |
| Total liabilities | RM115.74m |
| Total assets | RM225.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MTEC's short term assets (MYR164.3M) exceed its short term liabilities (MYR96.3M).
Long Term Liabilities: MTEC's short term assets (MYR164.3M) exceed its long term liabilities (MYR19.5M).
Debt to Equity History and Analysis
Debt Level: MTEC's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MTEC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MTEC's debt is well covered by operating cash flow (46.8%).
Interest Coverage: MTEC's interest payments on its debt are well covered by EBIT (10.1x coverage).