MTAG Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
MTAG Group Berhad has a total shareholder equity of MYR223.9M and total debt of MYR897.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR238.1M and MYR14.1M respectively. MTAG Group Berhad's EBIT is MYR23.8M making its interest coverage ratio -8.2. It has cash and short-term investments of MYR146.1M.
Key information
0.4%
Debt to equity ratio
RM897.00k
Debt
| Interest coverage ratio | -8.2x |
| Cash | RM146.07m |
| Equity | RM223.92m |
| Total liabilities | RM14.15m |
| Total assets | RM238.07m |
Recent financial health updates
No updates
Recent updates
MTAG Group Berhad (KLSE:MTAG) Is Due To Pay A Dividend Of MYR0.01
May 28
MTAG Group Berhad (KLSE:MTAG) Might Be Having Difficulty Using Its Capital Effectively
Jul 17MTAG Group Berhad (KLSE:MTAG) Has Affirmed Its Dividend Of MYR0.02
May 28MTAG Group Berhad (KLSE:MTAG) Will Want To Turn Around Its Return Trends
Mar 13Is It Too Late To Consider Buying MTAG Group Berhad (KLSE:MTAG)?
Dec 21Estimating The Fair Value Of MTAG Group Berhad (KLSE:MTAG)
Nov 25MTAG Group Berhad (KLSE:MTAG) Has Re-Affirmed Its Dividend Of RM0.02
May 26MTAG Group Berhad (KLSE:MTAG) Has Affirmed Its Dividend Of RM0.01
Nov 26Be Wary Of MTAG Group Berhad (KLSE:MTAG) And Its Returns On Capital
May 06Announcing: MTAG Group Berhad (KLSE:MTAG) Stock Increased An Energizing 114% In The Last Year
Mar 08Is MTAG Group Berhad's(KLSE:MTAG) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 15MTAG Group Berhad (KLSE:MTAG) Investors Should Think About This Before Buying It For Its Dividend
Jan 25
What Do The Returns On Capital At MTAG Group Berhad (KLSE:MTAG) Tell Us?
Jan 07What Type Of Shareholders Make Up MTAG Group Berhad's (KLSE:MTAG) Share Registry?
Dec 20Don't Race Out To Buy MTAG Group Berhad (KLSE:MTAG) Just Because It's Going Ex-Dividend
Dec 02Estimating The Fair Value Of MTAG Group Berhad (KLSE:MTAG)
Nov 26Financial Position Analysis
Short Term Liabilities: MTAG's short term assets (MYR190.3M) exceed its short term liabilities (MYR9.8M).
Long Term Liabilities: MTAG's short term assets (MYR190.3M) exceed its long term liabilities (MYR4.3M).
Debt to Equity History and Analysis
Debt Level: MTAG has more cash than its total debt.
Reducing Debt: MTAG's debt to equity ratio has reduced from 13.1% to 0.4% over the past 5 years.
Debt Coverage: MTAG's debt is well covered by operating cash flow (2985.2%).
Interest Coverage: MTAG earns more interest than it pays, so coverage of interest payments is not a concern.