MTAG Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
MTAG Group Berhad has a total shareholder equity of MYR220.2M and total debt of MYR380.6K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are MYR235.3M and MYR15.1M respectively. MTAG Group Berhad's EBIT is MYR20.8M making its interest coverage ratio -13.5. It has cash and short-term investments of MYR146.5M.
Key information
0.2%
Debt to equity ratio
RM 380.59k
Debt
| Interest coverage ratio | -13.5x |
| Cash | RM 146.48m |
| Equity | RM 220.17m |
| Total liabilities | RM 15.10m |
| Total assets | RM 235.28m |
Recent financial health updates
No updates
Recent updates
Some May Be Optimistic About MTAG Group Berhad's (KLSE:MTAG) Earnings
Nov 07
MTAG Group Berhad (KLSE:MTAG) Is Due To Pay A Dividend Of MYR0.01
May 28MTAG 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 (MYR187.9M) exceed its short term liabilities (MYR9.9M).
Long Term Liabilities: MTAG's short term assets (MYR187.9M) exceed its long term liabilities (MYR5.2M).
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 11% to 0.2% over the past 5 years.
Debt Coverage: MTAG's debt is well covered by operating cash flow (8665.9%).
Interest Coverage: MTAG earns more interest than it pays, so coverage of interest payments is not a concern.