WMG Holdings Bhd Balance Sheet Health
Financial Health criteria checks 4/6
WMG Holdings Bhd has a total shareholder equity of MYR167.2M and total debt of MYR201.5M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are MYR410.9M and MYR243.7M respectively. WMG Holdings Bhd's EBIT is MYR13.9M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR22.9M.
Key information
120.5%
Debt to equity ratio
RM 201.55m
Debt
Interest coverage ratio | 1.2x |
Cash | RM 22.93m |
Equity | RM 167.19m |
Total liabilities | RM 243.69m |
Total assets | RM 410.88m |
Recent financial health updates
Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
Jun 26WMG Holdings Bhd (KLSE:WMG) Has A Somewhat Strained Balance Sheet
Feb 19WMG 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 27Recent updates
Is WMG Holdings Bhd (KLSE:WMG) A Risky Investment?
Jun 26WMG Holdings Bhd. (KLSE:WMG) Looks Just Right With A 27% Price Jump
May 10Returns 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 (MYR168.7M) exceed its short term liabilities (MYR166.0M).
Long Term Liabilities: WMG's short term assets (MYR168.7M) exceed its long term liabilities (MYR77.7M).
Debt to Equity History and Analysis
Debt Level: WMG's net debt to equity ratio (106.8%) is considered high.
Reducing Debt: WMG's debt to equity ratio has increased from 82.9% to 120.5% 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 58.6% per year.