MyTech Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MyTech Group Berhad has a total shareholder equity of MYR43.8M and total debt of MYR80.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are MYR45.4M and MYR1.6M respectively. MyTech Group Berhad's EBIT is MYR3.6M making its interest coverage ratio -22.8. It has cash and short-term investments of MYR17.7M.
Key information
0.2%
Debt to equity ratio
RM 80.00k
Debt
| Interest coverage ratio | -22.8x |
| Cash | RM 17.70m |
| Equity | RM 43.80m |
| Total liabilities | RM 1.64m |
| Total assets | RM 45.45m |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put MyTech Group Berhad (KLSE:MYTECH) On Your Watchlist?
Oct 15
Investors Will Want MyTech Group Berhad's (KLSE:MYTECH) Growth In ROCE To Persist
Aug 30What MyTech Group Berhad's (KLSE:MYTECH) 27% Share Price Gain Is Not Telling You
Feb 20MyTech Group Berhad's (KLSE:MYTECH) Earnings Haven't Escaped The Attention Of Investors
Nov 24With EPS Growth And More, MyTech Group Berhad (KLSE:MYTECH) Makes An Interesting Case
Dec 04Financial Position Analysis
Short Term Liabilities: MYTECH's short term assets (MYR25.6M) exceed its short term liabilities (MYR939.0K).
Long Term Liabilities: MYTECH's short term assets (MYR25.6M) exceed its long term liabilities (MYR704.0K).
Debt to Equity History and Analysis
Debt Level: MYTECH has more cash than its total debt.
Reducing Debt: MYTECH's debt to equity ratio has reduced from 7% to 0.2% over the past 5 years.
Debt Coverage: MYTECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MYTECH earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:35 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MyTech Group Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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