Magni-Tech Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Magni-Tech Industries Berhad has a total shareholder equity of MYR873.6M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR1.0B and MYR134.1M respectively. Magni-Tech Industries Berhad's EBIT is MYR127.9M making its interest coverage ratio -7.1. It has cash and short-term investments of MYR471.1M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | -7.1x |
| Cash | RM471.13m |
| Equity | RM873.56m |
| Total liabilities | RM134.07m |
| Total assets | RM1.01b |
Recent financial health updates
No updates
Recent updates
Magni-Tech Industries Berhad's (KLSE:MAGNI) Earnings Are Of Questionable Quality
Mar 25
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Paying Out A Larger Dividend Than Last Year
Mar 21Magni-Tech Industries Berhad (KLSE:MAGNI) Is Increasing Its Dividend To MYR0.023
Dec 14Magni-Tech Industries Berhad (KLSE:MAGNI) Has Announced That It Will Be Increasing Its Dividend To RM0.028
Jun 26Some Investors May Be Worried About Magni-Tech Industries Berhad's (KLSE:MAGNI) Returns On Capital
May 24Is Now The Time To Put Magni-Tech Industries Berhad (KLSE:MAGNI) On Your Watchlist?
Apr 16Should You Buy Magni-Tech Industries Berhad (KLSE:MAGNI) For Its Upcoming Dividend?
Mar 17We Think That There Are Some Issues For Magni-Tech Industries Berhad (KLSE:MAGNI) Beyond Its Promising Earnings
Mar 15Shareholders Of Magni-Tech Industries Berhad (KLSE:MAGNI) Must Be Happy With Their 71% Return
Mar 09Should We Be Excited About The Trends Of Returns At Magni-Tech Industries Berhad (KLSE:MAGNI)?
Feb 22Why Magni-Tech Industries Berhad (KLSE:MAGNI) Is A Top Dividend Stock
Feb 04
Could The Magni-Tech Industries Berhad (KLSE:MAGNI) Ownership Structure Tell Us Something Useful?
Jan 18Will Weakness in Magni-Tech Industries Berhad's (KLSE:MAGNI) Stock Prove Temporary Given Strong Fundamentals?
Dec 30Magni-Tech Industries Berhad (KLSE:MAGNI) Could Be A Buy For Its Upcoming Dividend
Dec 12Magni-Tech Industries Berhad (KLSE:MAGNI) Has Gifted Shareholders With A Fantastic 110% Total Return On Their Investment
Dec 02Trends At Magni-Tech Industries Berhad (KLSE:MAGNI) Point To A Promising Future
Nov 18Financial Position Analysis
Short Term Liabilities: MAGNI's short term assets (MYR932.8M) exceed its short term liabilities (MYR127.3M).
Long Term Liabilities: MAGNI's short term assets (MYR932.8M) exceed its long term liabilities (MYR6.7M).
Debt to Equity History and Analysis
Debt Level: MAGNI is debt free.
Reducing Debt: MAGNI has not had any debt for past 5 years.
Debt Coverage: MAGNI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAGNI has no debt, therefore coverage of interest payments is not a concern.