Magni-Tech Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Magni-Tech Industries Berhad has a total shareholder equity of MYR925.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR1.1B and MYR189.7M respectively. Magni-Tech Industries Berhad's EBIT is MYR156.4M making its interest coverage ratio -6.8. It has cash and short-term investments of MYR634.8M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | -6.8x |
| Cash | RM 634.81m |
| Equity | RM 925.14m |
| Total liabilities | RM 189.73m |
| Total assets | RM 1.11b |
Recent financial health updates
No updates
Recent updates
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Due To Pay A Dividend Of MYR0.033
Jun 27
Magni-Tech Industries Berhad's (KLSE:MAGNI) Earnings Are Of Questionable Quality
Mar 25Magni-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 (MYR1.0B) exceed its short term liabilities (MYR182.2M).
Long Term Liabilities: MAGNI's short term assets (MYR1.0B) exceed its long term liabilities (MYR7.5M).
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.