Matrix Parking Solution Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Matrix Parking Solution Holdings Berhad has a total shareholder equity of MYR7.5M and total debt of MYR2.5M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are MYR17.7M and MYR10.2M respectively. Matrix Parking Solution Holdings Berhad's EBIT is MYR1.5M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR1.7M.
Key information
33.0%
Debt to equity ratio
RM 2.48m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM 1.71m |
| Equity | RM 7.51m |
| Total liabilities | RM 10.15m |
| Total assets | RM 17.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPSOL's short term assets (MYR5.8M) do not cover its short term liabilities (MYR6.0M).
Long Term Liabilities: MPSOL's short term assets (MYR5.8M) exceed its long term liabilities (MYR4.2M).
Debt to Equity History and Analysis
Debt Level: MPSOL's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: MPSOL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MPSOL's debt is well covered by operating cash flow (301.8%).
Interest Coverage: MPSOL's interest payments on its debt are not well covered by EBIT (1.7x coverage).