My E.G. Services Berhad Balance Sheet Health
Financial Health criteria checks 5/6
My E.G. Services Berhad has a total shareholder equity of MYR2.7B and total debt of MYR1.3B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are MYR4.0B and MYR1.4B respectively. My E.G. Services Berhad's EBIT is MYR704.0M making its interest coverage ratio 12.2. It has cash and short-term investments of MYR575.2M.
Key information
47.6%
Debt to equity ratio
RM 1.26b
Debt
| Interest coverage ratio | 12.2x |
| Cash | RM 575.24m |
| Equity | RM 2.65b |
| Total liabilities | RM 1.38b |
| Total assets | RM 4.03b |
Recent financial health updates
We Think My E.G. Services Berhad (KLSE:MYEG) Can Stay On Top Of Its Debt
Aug 08
Here's Why My E.G. Services Berhad (KLSE:MYEG) Can Manage Its Debt Responsibly
Jun 01Is My E.G. Services Berhad (KLSE:MYEG) Using Too Much Debt?
Mar 01Is My E.G. Services Berhad (KLSE:MYEG) A Risky Investment?
Oct 30These 4 Measures Indicate That My E.G. Services Berhad (KLSE:MYEG) Is Using Debt Reasonably Well
Jun 28Recent updates
Here's Why We Think My E.G. Services Berhad (KLSE:MYEG) Is Well Worth Watching
Oct 11Lacklustre Performance Is Driving My E.G. Services Berhad's (KLSE:MYEG) Low P/E
Sep 26Capital Allocation Trends At My E.G. Services Berhad (KLSE:MYEG) Aren't Ideal
Sep 10We Think My E.G. Services Berhad (KLSE:MYEG) Can Stay On Top Of Its Debt
Aug 08Here's What's Concerning About My E.G. Services Berhad's (KLSE:MYEG) Returns On Capital
Jun 04We Ran A Stock Scan For Earnings Growth And My E.G. Services Berhad (KLSE:MYEG) Passed With Ease
May 22My E.G. Services Berhad's (KLSE:MYEG) 25% Price Boost Is Out Of Tune With Earnings
May 08My E.G. Services Berhad's (KLSE:MYEG) Intrinsic Value Is Potentially 45% Above Its Share Price
Apr 26My E.G. Services Berhad's (KLSE:MYEG) Intrinsic Value Is Potentially 81% Above Its Share Price
Sep 20My E.G. Services Berhad's (KLSE:MYEG) Returns On Capital Not Reflecting Well On The Business
Jun 26Here's Why My E.G. Services Berhad (KLSE:MYEG) Can Manage Its Debt Responsibly
Jun 01Is Now The Time To Look At Buying My E.G. Services Berhad (KLSE:MYEG)?
Apr 13We Ran A Stock Scan For Earnings Growth And My E.G. Services Berhad (KLSE:MYEG) Passed With Ease
Apr 02My E.G. Services Berhad (KLSE:MYEG) May Have Issues Allocating Its Capital
Mar 20Is My E.G. Services Berhad (KLSE:MYEG) Using Too Much Debt?
Mar 01Calculating The Fair Value Of My E.G. Services Berhad (KLSE:MYEG)
Feb 17What Is My E.G. Services Berhad's (KLSE:MYEG) Share Price Doing?
Jan 12My E.G. Services Berhad (KLSE:MYEG) Ticks All The Boxes When It Comes To Earnings Growth
Nov 25Estimating The Intrinsic Value Of My E.G. Services Berhad (KLSE:MYEG)
Nov 11Is My E.G. Services Berhad (KLSE:MYEG) A Risky Investment?
Oct 30There Are Reasons To Feel Uneasy About My E.G. Services Berhad's (KLSE:MYEG) Returns On Capital
Oct 18Is There Now An Opportunity In My E.G. Services Berhad (KLSE:MYEG)?
Aug 17A Look At The Fair Value Of My E.G. Services Berhad (KLSE:MYEG)
Aug 01Here's What's Concerning About My E.G. Services Berhad's (KLSE:MYEG) Returns On Capital
Jul 12These 4 Measures Indicate That My E.G. Services Berhad (KLSE:MYEG) Is Using Debt Reasonably Well
Jun 28I Built A List Of Growing Companies And My E.G. Services Berhad (KLSE:MYEG) Made The Cut
Jun 14At RM0.89, Is My E.G. Services Berhad (KLSE:MYEG) Worth Looking At Closely?
May 11My E.G. Services Berhad's (KLSE:MYEG) Intrinsic Value Is Potentially 23% Below Its Share Price
Apr 28Returns On Capital At My E.G. Services Berhad (KLSE:MYEG) Paint A Concerning Picture
Mar 22Should You Be Adding My E.G. Services Berhad (KLSE:MYEG) To Your Watchlist Today?
Mar 05Is It Time To Consider Buying My E.G. Services Berhad (KLSE:MYEG)?
Feb 08These 4 Measures Indicate That My E.G. Services Berhad (KLSE:MYEG) Is Using Debt Reasonably Well
Jan 10Capital Allocation Trends At My E.G. Services Berhad (KLSE:MYEG) Aren't Ideal
Oct 25At RM1.06, Is It Time To Put My E.G. Services Berhad (KLSE:MYEG) On Your Watch List?
Oct 11Here's Why My E.G. Services Berhad (KLSE:MYEG) Can Manage Its Debt Responsibly
Sep 29A Look At The Fair Value Of My E.G. Services Berhad (KLSE:MYEG)
Aug 19Do My E.G. Services Berhad's (KLSE:MYEG) Earnings Warrant Your Attention?
Aug 01What Does My E.G. Services Berhad's (KLSE:MYEG) Share Price Indicate?
Jul 08My E.G. Services Berhad (KLSE:MYEG) Has A Pretty Healthy Balance Sheet
Jun 25Why You Should Care About My E.G. Services Berhad's (KLSE:MYEG) Strong Returns On Capital
Jun 11My E.G. Services Berhad (KLSE:MYEG) Shares Could Be 30% Above Their Intrinsic Value Estimate
May 06I Built A List Of Growing Companies And My E.G. Services Berhad (KLSE:MYEG) Made The Cut
Mar 31Is My E.G. Services Berhad (KLSE:MYEG) Potentially Undervalued?
Mar 18Financial Position Analysis
Short Term Liabilities: MYEG's short term assets (MYR1.4B) exceed its short term liabilities (MYR157.6M).
Long Term Liabilities: MYEG's short term assets (MYR1.4B) exceed its long term liabilities (MYR1.2B).
Debt to Equity History and Analysis
Debt Level: MYEG's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: MYEG's debt to equity ratio has increased from 21.4% to 47.6% over the past 5 years.
Debt Coverage: MYEG's debt is well covered by operating cash flow (66.7%).
Interest Coverage: MYEG's interest payments on its debt are well covered by EBIT (12.2x coverage).