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 MYR2.2B and total debt of MYR846.7M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are MYR3.2B and MYR1.0B respectively. My E.G. Services Berhad's EBIT is MYR524.3M making its interest coverage ratio 13.5. It has cash and short-term investments of MYR84.1M.
Key information
38.3%
Debt to equity ratio
RM846.66m
Debt
| Interest coverage ratio | 13.5x |
| Cash | RM84.14m |
| Equity | RM2.21b |
| Total liabilities | RM1.02b |
| Total assets | RM3.23b |
Recent financial health updates
Here's Why My E.G. Services Berhad (KLSE:MYEG) Can Manage Its Debt Responsibly
Jun 01
Is 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 28These 4 Measures Indicate That My E.G. Services Berhad (KLSE:MYEG) Is Using Debt Reasonably Well
Jan 10Recent updates
My 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 18RM2.49 - That's What Analysts Think My E.G. Services Berhad (KLSE:MYEG) Is Worth After These Results
Mar 05My E.G. Services Berhad (KLSE:MYEG) Has A Pretty Healthy Balance Sheet
Mar 04Should You Invest In My E.G. Services Berhad (KLSE:MYEG)?
Feb 08What Percentage Of My E.G. Services Berhad (KLSE:MYEG) Shares Do Insiders Own?
Jan 10What Does My E.G. Services Berhad's (KLSE:MYEG) Share Price Indicate?
Dec 15My E.G. Services Berhad's (KLSE:MYEG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Nov 27
Financial Position Analysis
Short Term Liabilities: MYEG's short term assets (MYR1.2B) exceed its short term liabilities (MYR278.9M).
Long Term Liabilities: MYEG's short term assets (MYR1.2B) exceed its long term liabilities (MYR739.4M).
Debt to Equity History and Analysis
Debt Level: MYEG's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: MYEG's debt to equity ratio has increased from 21.7% to 38.3% over the past 5 years.
Debt Coverage: MYEG's debt is well covered by operating cash flow (59.4%).
Interest Coverage: MYEG's interest payments on its debt are well covered by EBIT (13.5x coverage).