Manforce Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Manforce Group Berhad has a total shareholder equity of MYR18.7M and total debt of MYR9.3M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are MYR35.7M and MYR17.0M respectively. Manforce Group Berhad's EBIT is MYR1.4M making its interest coverage ratio 2.9. It has cash and short-term investments of MYR4.0M.
Key information
49.8%
Debt to equity ratio
RM 9.30m
Debt
| Interest coverage ratio | 2.9x |
| Cash | RM 4.05m |
| Equity | RM 18.69m |
| Total liabilities | RM 17.01m |
| Total assets | RM 35.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFGROUP's short term assets (MYR29.5M) exceed its short term liabilities (MYR13.0M).
Long Term Liabilities: MFGROUP's short term assets (MYR29.5M) exceed its long term liabilities (MYR4.1M).
Debt to Equity History and Analysis
Debt Level: MFGROUP's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: MFGROUP's debt to equity ratio has reduced from 78.9% to 49.8% over the past 5 years.
Debt Coverage: MFGROUP's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: MFGROUP's interest payments on its debt are not well covered by EBIT (2.9x coverage).