Nextgreen Global Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Nextgreen Global Berhad has a total shareholder equity of MYR338.6M and total debt of MYR68.5M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are MYR464.9M and MYR126.3M respectively. Nextgreen Global Berhad's EBIT is MYR17.2M making its interest coverage ratio 3.9. It has cash and short-term investments of MYR5.8M.

Key information

20.2%

Debt to equity ratio

RM68.49m

Debt

Interest coverage ratio	3.9x
Cash	RM5.81m
Equity	RM338.56m
Total liabilities	RM126.32m
Total assets	RM464.88m

Recent financial health updates

We Think Nextgreen Global Berhad (KLSE:NGGB) Can Stay On Top Of Its Debt

Aug 22

These 4 Measures Indicate That Nextgreen Global Berhad (KLSE:NGGB) Is Using Debt Extensively

Jan 03

We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt

Jun 01

Recent updates

Investors Will Want Nextgreen Global Berhad's (KLSE:NGGB) Growth In ROCE To Persist

Jan 04

Here's Why We Think Nextgreen Global Berhad (KLSE:NGGB) Is Well Worth Watching

Apr 04

There's Reason For Concern Over Nextgreen Global Berhad's (KLSE:NGGB) Massive 48% Price Jump

Feb 28

We Think Nextgreen Global Berhad (KLSE:NGGB) Can Stay On Top Of Its Debt

Aug 22

The Return Trends At Nextgreen Global Berhad (KLSE:NGGB) Look Promising

Mar 01

These 4 Measures Indicate That Nextgreen Global Berhad (KLSE:NGGB) Is Using Debt Extensively

Jan 03

We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt

Jun 01

Nextgreen Global Berhad's (KLSE:NGGB) Earnings Aren't As Good As They Appear

Apr 05

Financial Position Analysis

Short Term Liabilities: NGGB's short term assets (MYR139.5M) exceed its short term liabilities (MYR62.8M).

Long Term Liabilities: NGGB's short term assets (MYR139.5M) exceed its long term liabilities (MYR63.5M).

Debt to Equity History and Analysis

Debt Level: NGGB's net debt to equity ratio (18.5%) is considered satisfactory.

Reducing Debt: NGGB's debt to equity ratio has increased from 4.9% to 20.2% over the past 5 years.

Debt Coverage: NGGB's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: NGGB's interest payments on its debt are well covered by EBIT (3.9x coverage).

Nextgreen Global Berhad Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

We Think Nextgreen Global Berhad (KLSE:NGGB) Can Stay On Top Of Its Debt

These 4 Measures Indicate That Nextgreen Global Berhad (KLSE:NGGB) Is Using Debt Extensively

We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt

Recent updates

Nextgreen Global Berhad, Annual General Meeting, Jun 25, 2024

Full year 2023 earnings released: EPS: RM0.011 (vs RM0.016 in FY 2022)

Investors Will Want Nextgreen Global Berhad's (KLSE:NGGB) Growth In ROCE To Persist

Nextgreen Global Berhad to Report Q3, 2023 Results on Nov 28, 2023

Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.001 in 3Q 2022)

Extgreen Global Berhad Appoints Madam Maylee Gan Suat Lee as Independent and Non Executive Chairman of Remuneration Committee

Insufficient new directors

Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.001 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 in 1Q 2022)

Nextgreen Global Berhad to Report Q1, 2023 Results on May 31, 2023

Here's Why We Think Nextgreen Global Berhad (KLSE:NGGB) Is Well Worth Watching

There's Reason For Concern Over Nextgreen Global Berhad's (KLSE:NGGB) Massive 48% Price Jump

Full year 2022 earnings released: EPS: RM0.013 (vs RM0.014 in FY 2021)

Investor sentiment improves as stock rises 42%

Nextgreen Global Berhad Appoints Lim Kah Yee as Executive Director

Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.002 in 3Q 2021)

Second quarter 2022 earnings released: EPS: RM0.001 (vs RM0.002 loss in 2Q 2021)

Nextgreen Global Berhad Announces PPE Written Off for the Quarter Ended June 30, 2022

We Think Nextgreen Global Berhad (KLSE:NGGB) Can Stay On Top Of Its Debt

First quarter 2022 earnings released: EPS: RM0.001 (vs RM0.001 in 1Q 2021)

Nextgreen Global Berhad, Annual General Meeting, Jun 30, 2022

The Return Trends At Nextgreen Global Berhad (KLSE:NGGB) Look Promising

Nextgreen Global Berhad Announces Resignation of Dato' Zakaria Bin Arshad as Non-Independent Director with Effect from February 24, 2022

These 4 Measures Indicate That Nextgreen Global Berhad (KLSE:NGGB) Is Using Debt Extensively

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: RM0.002 loss per share (vs RM0.059 loss in 2Q 2020)

We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt

First quarter 2021 earnings released: EPS RM0.001 (vs RM0.059 loss in 1Q 2020)

Company Secretary has left the company

Nextgreen Global Berhad's (KLSE:NGGB) Earnings Aren't As Good As They Appear

Full year 2020 earnings released: EPS RM0.008 (vs RM0.11 loss in FY 2019)

New 90-day high: RM0.42

New 90-day low: RM0.38

Nextgreen Global Berhad Appoints Tan Meng Chai as Independent and Non Executive Director

Nextgreen Global Berhad Appoints Teh Chau Chin as Independent and Non Executive Member of Nomination Committee

Nextgreen Global Berhad Appoints Tan Meng Chai as Independent Director

Nextgreen Global Berhad Announces Resignation of Chew Yuit Yoo as Independent and Non Executive Chairman of Audit Committee

Nextgreen Global Berhad to Report Q2, 2020 Results on Aug 24, 2020

New 90-day high - RM0.39

Chan Cheh Shin cancelled the acquisition of BHS Palau Incorporated from Nextgreen Global Berhad (KLSE:NGGB).

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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