UMS-Neiken Group Berhad Balance Sheet Health

Financial Health criteria checks 6/6

UMS-Neiken Group Berhad has a total shareholder equity of MYR123.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR132.1M and MYR8.3M respectively. UMS-Neiken Group Berhad's EBIT is MYR4.1M making its interest coverage ratio 136.6. It has cash and short-term investments of MYR47.4M.

Key information

Debt to equity ratio

RM0

Debt

Interest coverage ratio	136.6x
Cash	RM47.35m
Equity	RM123.80m
Total liabilities	RM8.29m
Total assets	RM132.10m

Recent financial health updates

No updates

Recent updates

Here's Why I Think UMS-Neiken Group Berhad (KLSE:UMSNGB) Might Deserve Your Attention Today

Feb 08

Returns On Capital At UMS-Neiken Group Berhad (KLSE:UMSNGB) Paint A Concerning Picture

Apr 16

Don't Race Out To Buy UMS-Neiken Group Berhad (KLSE:UMSNGB) Just Because It's Going Ex-Dividend

Mar 11

Could UMS-Neiken Group Berhad (KLSE:UMSNGB) Have The Makings Of Another Dividend Aristocrat?

Feb 26

UMS-Neiken Group Berhad (KLSE:UMSNGB) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Jan 21

Should You Be Impressed By UMS-Neiken Group Berhad's (KLSE:UMSNGB) Returns on Capital?

Dec 09

Financial Position Analysis

Short Term Liabilities: UMSNGB's short term assets (MYR89.9M) exceed its short term liabilities (MYR6.1M).

Long Term Liabilities: UMSNGB's short term assets (MYR89.9M) exceed its long term liabilities (MYR2.2M).

Debt to Equity History and Analysis

Debt Level: UMSNGB is debt free.

Reducing Debt: UMSNGB has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.

Debt Coverage: UMSNGB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UMSNGB has no debt, therefore coverage of interest payments is not a concern.

UMS-Neiken Group Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

UMS-Neiken Group Berhad Appoints Boon Jooon Siang as Independent and Non Executive Member of Nomination Committee

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of RM0.13 per share

Investor sentiment improves as stock rises 17%

UMS-Neiken Group Berhad Declares Special Dividend for the Financial Year Ended 31 December 2023, Payable on 30 April 2024

UMS-Neiken Group Berhad Declares Special Dividend for the Financial Year Ended 31 December 2023, Payable on 30 April 2024

Pinning Down UMS-Neiken Group Berhad's (KLSE:UMSNGB) P/E Is Difficult Right Now

Full year 2023 earnings released: EPS: RM0.064 (vs RM0.13 in FY 2022)

Insufficient new directors

Third quarter 2023 earnings released: EPS: RM0.021 (vs RM0.02 in 3Q 2022)

Insufficient new directors

Second quarter 2023 earnings released: EPS: RM0.013 (vs RM0.053 in 2Q 2022)

New minor risk - Profit margin trend

Insufficient new directors

First quarter 2023 earnings released: EPS: RM0.017 (vs RM0.038 in 1Q 2022)

Upcoming dividend of RM0.03 per share at 3.0% yield

Full year 2022 earnings released: EPS: RM0.13 (vs RM0.13 in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.02 (vs RM0.013 in 3Q 2021)

Third quarter 2022 earnings released: EPS: RM0.02 (vs RM0.013 in 3Q 2021)

Insufficient new directors

UMS-Neiken Group Berhad Announces Appointment of Khoo Ming Siang as Company Secretary

Second quarter 2022 earnings released

Insufficient new directors

Full year 2021 earnings released: EPS: RM0.13 (vs RM0.077 in FY 2020)

Insufficient new directors

UMS-Neiken Group Berhad, Annual General Meeting, May 23, 2022

Returns On Capital At UMS-Neiken Group Berhad (KLSE:UMSNGB) Have Stalled

Upcoming dividend of RM0.03 per share

UMS-Neiken Group Berhad (KLSE:UMSNGB) Has Re-Affirmed Its Dividend Of RM0.03

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Here's Why I Think UMS-Neiken Group Berhad (KLSE:UMSNGB) Might Deserve Your Attention Today

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS RM0.033 (vs RM0.009 in 2Q 2020)

Joint Secretary Wen Hung has left the company

First quarter 2021 earnings released: EPS RM0.045 (vs RM0.015 in 1Q 2020)

Investor sentiment improved over the past week

Returns On Capital At UMS-Neiken Group Berhad (KLSE:UMSNGB) Paint A Concerning Picture

Don't Race Out To Buy UMS-Neiken Group Berhad (KLSE:UMSNGB) Just Because It's Going Ex-Dividend

Full year 2020 earnings released: EPS RM0.077 (vs RM0.051 in FY 2019)

Could UMS-Neiken Group Berhad (KLSE:UMSNGB) Have The Makings Of Another Dividend Aristocrat?

Investor sentiment improved over the past week

UMS-Neiken Group Berhad (KLSE:UMSNGB) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Investor sentiment improved over the past week

New 90-day high: RM0.95

Should You Be Impressed By UMS-Neiken Group Berhad's (KLSE:UMSNGB) Returns on Capital?

Third quarter 2020 earnings released: EPS RM0.03

New 90-day high: RM0.77

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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