WMG Holdings Bhd Balance Sheet Health
Financial Health criteria checks 4/6
WMG Holdings Bhd has a total shareholder equity of MYR167.6M and total debt of MYR199.7M, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are MYR411.7M and MYR244.1M respectively. WMG Holdings Bhd's EBIT is MYR12.3M making its interest coverage ratio 1. It has cash and short-term investments of MYR24.5M.
Key information
119.1%
Debt to equity ratio
RM199.69m
Debt
| Interest coverage ratio | 1x |
| Cash | RM24.54m |
| Equity | RM167.64m |
| Total liabilities | RM244.07m |
| Total assets | RM411.71m |
Recent financial health updates
WMG Holdings Bhd (KLSE:WMG) Has A Somewhat Strained Balance Sheet
Feb 19
WMG Holdings Bhd (KLSE:WMG) Has A Somewhat Strained Balance Sheet
Oct 05Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
May 03Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
Nov 17Health Check: How Prudently Does WMG Holdings Bhd (KLSE:WMG) Use Debt?
Jul 27Is WMG Holdings Bhd (KLSE:WMG) Using Too Much Debt?
Feb 28Recent updates
Returns Are Gaining Momentum At WMG Holdings Bhd (KLSE:WMG)
Apr 16WMG Holdings Bhd (KLSE:WMG) Has A Somewhat Strained Balance Sheet
Feb 19WMG Holdings Bhd (KLSE:WMG) Is Looking To Continue Growing Its Returns On Capital
Nov 22WMG Holdings Bhd (KLSE:WMG) Has A Somewhat Strained Balance Sheet
Oct 05Investors Still Waiting For A Pull Back In WMG Holdings Bhd. (KLSE:WMG)
Aug 09Investors Will Want WMG Holdings Bhd's (KLSE:WMG) Growth In ROCE To Persist
Jun 30Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
May 03WMG Holdings Bhd's (KLSE:WMG) Returns On Capital Are Heading Higher
Feb 03Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
Nov 17Health Check: How Prudently Does WMG Holdings Bhd (KLSE:WMG) Use Debt?
Jul 27Is WMG Holdings Bhd (KLSE:WMG) Using Too Much Debt?
Feb 28Estimating The Intrinsic Value Of WMG Holdings Bhd. (KLSE:WMG)
Jan 06WMG Holdings Bhd (KLSE:WMG) Shareholders Will Want The ROCE Trajectory To Continue
Nov 30WMG Holdings Bhd (KLSE:WMG) Is Doing The Right Things To Multiply Its Share Price
May 18WMG Holdings Bhd (KLSE:WMG) Has No Shortage Of Debt
Mar 16Will The ROCE Trend At WMG Holdings Bhd (KLSE:WMG) Continue?
Jan 20Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
Nov 27Financial Position Analysis
Short Term Liabilities: WMG's short term assets (MYR175.2M) exceed its short term liabilities (MYR155.6M).
Long Term Liabilities: WMG's short term assets (MYR175.2M) exceed its long term liabilities (MYR88.5M).
Debt to Equity History and Analysis
Debt Level: WMG's net debt to equity ratio (104.5%) is considered high.
Reducing Debt: WMG's debt to equity ratio has increased from 70.7% to 119.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WMG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WMG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.7% per year.