Master Tec Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Master Tec Group Berhad has a total shareholder equity of MYR178.1M and total debt of MYR52.8M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are MYR272.1M and MYR94.1M respectively. Master Tec Group Berhad's EBIT is MYR26.5M making its interest coverage ratio 10.8. It has cash and short-term investments of MYR70.9M.
Key information
29.7%
Debt to equity ratio
RM 52.85m
Debt
| Interest coverage ratio | 10.8x |
| Cash | RM 70.94m |
| Equity | RM 178.05m |
| Total liabilities | RM 94.06m |
| Total assets | RM 272.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MTEC's short term assets (MYR181.3M) exceed its short term liabilities (MYR80.7M).
Long Term Liabilities: MTEC's short term assets (MYR181.3M) exceed its long term liabilities (MYR13.4M).
Debt to Equity History and Analysis
Debt Level: MTEC has more cash than its total debt.
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 (69.1%).
Interest Coverage: MTEC's interest payments on its debt are well covered by EBIT (10.8x coverage).