Milux Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Milux Berhad has a total shareholder equity of MYR40.8M and total debt of MYR3.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are MYR55.5M and MYR14.7M respectively.
Key information
8.8%
Debt to equity ratio
RM3.57m
Debt
| Interest coverage ratio | n/a |
| Cash | RM21.01m |
| Equity | RM40.75m |
| Total liabilities | RM14.72m |
| Total assets | RM55.47m |
Recent financial health updates
Recent updates
Optimistic Investors Push Milux Corporation Berhad (KLSE:MILUX) Shares Up 26% But Growth Is Lacking
Nov 09
Milux Corporation Berhad's (KLSE:MILUX) Robust Profit May Be Overstating Its True Earnings Potential
Dec 07The Return Trends At Milux Corporation Berhad (KLSE:MILUX) Look Promising
Dec 01Does Milux Corporation Berhad (KLSE:MILUX) Have A Healthy Balance Sheet?
Jul 04Returns On Capital Are Showing Encouraging Signs At Milux Corporation Berhad (KLSE:MILUX)
Mar 09Financial Position Analysis
Short Term Liabilities: MILUX's short term assets (MYR49.3M) exceed its short term liabilities (MYR13.5M).
Long Term Liabilities: MILUX's short term assets (MYR49.3M) exceed its long term liabilities (MYR1.2M).
Debt to Equity History and Analysis
Debt Level: MILUX has more cash than its total debt.
Reducing Debt: MILUX's debt to equity ratio has reduced from 10.9% to 8.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MILUX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MILUX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.9% per year.