Nextgreen Global Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Nextgreen Global Berhad has a total shareholder equity of MYR418.7M and total debt of MYR64.6M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are MYR541.3M and MYR122.5M respectively. Nextgreen Global Berhad's EBIT is MYR35.7M making its interest coverage ratio 7.2. It has cash and short-term investments of MYR13.8M.
Key information
15.4%
Debt to equity ratio
RM 64.58m
Debt
| Interest coverage ratio | 7.2x |
| Cash | RM 13.76m |
| Equity | RM 418.75m |
| Total liabilities | RM 122.51m |
| Total assets | RM 541.26m |
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 03We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt
Jun 01Recent updates
Impressive Earnings May Not Tell The Whole Story For Nextgreen Global Berhad (KLSE:NGGB)
Dec 06It Looks Like The CEO Of Nextgreen Global Berhad (KLSE:NGGB) May Be Underpaid Compared To Peers
Jun 19Investors Will Want Nextgreen Global Berhad's (KLSE:NGGB) Growth In ROCE To Persist
Jan 04Here's Why We Think Nextgreen Global Berhad (KLSE:NGGB) Is Well Worth Watching
Apr 04There's Reason For Concern Over Nextgreen Global Berhad's (KLSE:NGGB) Massive 48% Price Jump
Feb 28We Think Nextgreen Global Berhad (KLSE:NGGB) Can Stay On Top Of Its Debt
Aug 22The Return Trends At Nextgreen Global Berhad (KLSE:NGGB) Look Promising
Mar 01These 4 Measures Indicate That Nextgreen Global Berhad (KLSE:NGGB) Is Using Debt Extensively
Jan 03We Think Nextgreen Global Berhad (KLSE:NGGB) Is Taking Some Risk With Its Debt
Jun 01Nextgreen Global Berhad's (KLSE:NGGB) Earnings Aren't As Good As They Appear
Apr 05Financial Position Analysis
Short Term Liabilities: NGGB's short term assets (MYR137.9M) exceed its short term liabilities (MYR64.3M).
Long Term Liabilities: NGGB's short term assets (MYR137.9M) exceed its long term liabilities (MYR58.2M).
Debt to Equity History and Analysis
Debt Level: NGGB's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: NGGB's debt to equity ratio has increased from 6.3% to 15.4% over the past 5 years.
Debt Coverage: NGGB's debt is well covered by operating cash flow (25.7%).
Interest Coverage: NGGB's interest payments on its debt are well covered by EBIT (7.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:38 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nextgreen Global Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|