Matrix Parking Solution Holdings Berhad

KLSE:MPSOL Stock Report

Market Cap: RM22.3m

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


Debt to equity ratio



Interest coverage ratio1.7x
Total liabilitiesRM10.15m
Total assetsRM17.67m

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).

Balance Sheet

Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.