Unimech Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Unimech Group Berhad has a total shareholder equity of MYR399.3M and total debt of MYR80.1M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are MYR537.7M and MYR138.4M respectively. Unimech Group Berhad's EBIT is MYR47.5M making its interest coverage ratio 6.7. It has cash and short-term investments of MYR54.5M.
Key information
20.1%
Debt to equity ratio
RM80.09m
Debt
| Interest coverage ratio | 6.7x |
| Cash | RM54.45m |
| Equity | RM399.26m |
| Total liabilities | RM138.43m |
| Total assets | RM537.69m |
Recent financial health updates
Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Sep 23
Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Nov 29These 4 Measures Indicate That Unimech Group Berhad (KLSE:UNIMECH) Is Using Debt Reasonably Well
Nov 17Unimech Group Berhad (KLSE:UNIMECH) Seems To Use Debt Quite Sensibly
May 14Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Jan 20Recent updates
Unimech Group Berhad (KLSE:UNIMECH) Is Due To Pay A Dividend Of MYR0.02
Dec 02Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Sep 23Unimech Group Berhad (KLSE:UNIMECH) Is Paying Out A Larger Dividend Than Last Year
Jul 12Unimech Group Berhad (KLSE:UNIMECH) Has Announced That It Will Be Increasing Its Dividend To MYR0.042
Jun 28Unimech Group Berhad's (KLSE:UNIMECH) Upcoming Dividend Will Be Larger Than Last Year's
Jun 06Unimech Group Berhad (KLSE:UNIMECH) Is Increasing Its Dividend To MYR0.042
May 01Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Nov 29Unimech Group Berhad (KLSE:UNIMECH) Will Pay A Dividend Of RM0.015
Nov 26These 4 Measures Indicate That Unimech Group Berhad (KLSE:UNIMECH) Is Using Debt Reasonably Well
Nov 17Unimech Group Berhad (KLSE:UNIMECH) Seems To Use Debt Quite Sensibly
May 14Unimech Group Berhad (KLSE:UNIMECH) Hasn't Managed To Accelerate Its Returns
Apr 02Introducing Unimech Group Berhad (KLSE:UNIMECH), A Stock That Climbed 56% In The Last Three Years
Mar 11Unimech Group Berhad's (KLSE:UNIMECH) Stock Is Going Strong: Have Financials A Role To Play?
Feb 19What To Know Before Buying Unimech Group Berhad (KLSE:UNIMECH) For Its Dividend
Feb 03
Here's Why Unimech Group Berhad (KLSE:UNIMECH) Can Manage Its Debt Responsibly
Jan 20Here's What To Make Of Unimech Group Berhad's (KLSE:UNIMECH) Returns On Capital
Dec 29Why You Might Be Interested In Unimech Group Berhad (KLSE:UNIMECH) For Its Upcoming Dividend
Dec 06If You Like EPS Growth Then Check Out Unimech Group Berhad (KLSE:UNIMECH) Before It's Too Late
Dec 04Financial Position Analysis
Short Term Liabilities: UNIMECH's short term assets (MYR353.7M) exceed its short term liabilities (MYR110.6M).
Long Term Liabilities: UNIMECH's short term assets (MYR353.7M) exceed its long term liabilities (MYR27.8M).
Debt to Equity History and Analysis
Debt Level: UNIMECH's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: UNIMECH's debt to equity ratio has reduced from 41% to 20.1% over the past 5 years.
Debt Coverage: UNIMECH's debt is well covered by operating cash flow (51.8%).
Interest Coverage: UNIMECH's interest payments on its debt are well covered by EBIT (6.7x coverage).