MClean Technologies Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MClean Technologies Berhad has a total shareholder equity of MYR20.8M and total debt of MYR7.3M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are MYR42.7M and MYR21.9M respectively.
Key information
35.1%
Debt to equity ratio
RM7.31m
Debt
Interest coverage ratio | n/a |
Cash | RM4.55m |
Equity | RM20.83m |
Total liabilities | RM21.85m |
Total assets | RM42.68m |
Recent financial health updates
No updates
Recent updates
MClean Technologies Berhad (KLSE:MCLEAN) Held Back By Insufficient Growth Even After Shares Climb 37%
May 07MClean Technologies Berhad (KLSE:MCLEAN) Shares Fly 45% But Investors Aren't Buying For Growth
Mar 23Estimating The Intrinsic Value Of MClean Technologies Berhad (KLSE:MCLEAN)
Mar 02MClean Technologies Berhad (KLSE:MCLEAN) Shares Fly 42% But Investors Aren't Buying For Growth
Nov 22Estimating The Fair Value Of MClean Technologies Berhad (KLSE:MCLEAN)
May 30Calculating The Intrinsic Value Of MClean Technologies Berhad (KLSE:MCLEAN)
Nov 02Financial Position Analysis
Short Term Liabilities: MCLEAN's short term assets (MYR22.5M) exceed its short term liabilities (MYR17.5M).
Long Term Liabilities: MCLEAN's short term assets (MYR22.5M) exceed its long term liabilities (MYR4.4M).
Debt to Equity History and Analysis
Debt Level: MCLEAN's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: MCLEAN's debt to equity ratio has increased from 14% to 35.1% 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 MCLEAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCLEAN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.3% per year.