Meta Bright Group Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Meta Bright Group Berhad has a total shareholder equity of MYR291.6M and total debt of MYR138.4M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are MYR514.2M and MYR222.6M respectively. Meta Bright Group Berhad's EBIT is MYR12.2M making its interest coverage ratio 2.4. It has cash and short-term investments of MYR49.2M.
Key information
47.4%
Debt to equity ratio
RM 138.36m
Debt
| Interest coverage ratio | 2.4x |
| Cash | RM 49.16m |
| Equity | RM 291.60m |
| Total liabilities | RM 222.59m |
| Total assets | RM 514.20m |
Recent financial health updates
Is Eastland Equity Bhd (KLSE:EASTLND) Using Too Much Debt?
Oct 18
Is Eastland Equity Bhd (KLSE:EASTLND) Weighed On By Its Debt Load?
Apr 08Is Eastland Equity Bhd (KLSE:EASTLND) Using Debt Sensibly?
Dec 24
Recent updates
Shareholders May Be More Conservative With Meta Bright Group Berhad's (KLSE:MBRIGHT) CEO Compensation For Now
Nov 26Meta Bright Group Berhad's (KLSE:MBRIGHT) Earnings Might Be Weaker Than You Think
Nov 07We Like These Underlying Return On Capital Trends At Meta Bright Group Berhad (KLSE:MBRIGHT)
Aug 06There's Reason For Concern Over Meta Bright Group Berhad's (KLSE:MBRIGHT) Massive 28% Price Jump
May 21Returns Are Gaining Momentum At Meta Bright Group Berhad (KLSE:MBRIGHT)
Apr 22Investor Optimism Abounds Meta Bright Group Berhad (KLSE:MBRIGHT) But Growth Is Lacking
Jan 16The Compensation For Meta Bright Group Berhad's (KLSE:MBRIGHT) CEO Looks Deserved And Here's Why
Dec 08We Like These Underlying Return On Capital Trends At Meta Bright Group Berhad (KLSE:MBRIGHT)
Oct 09We Like These Underlying Return On Capital Trends At Meta Bright Group Berhad (KLSE:MBRIGHT)
Jan 09Meta Bright Group Berhad's (KLSE:MBRIGHT) Robust Earnings Are Not All Good News For Shareholders
Dec 07We Like These Underlying Return On Capital Trends At Meta Bright Group Berhad (KLSE:MBRIGHT)
Sep 02Is Eastland Equity Bhd (KLSE:EASTLND) Using Too Much Debt?
Oct 18Is Eastland Equity Bhd (KLSE:EASTLND) Weighed On By Its Debt Load?
Apr 08Is Eastland Equity Bhd (KLSE:EASTLND) Using Debt Sensibly?
Dec 24Financial Position Analysis
Short Term Liabilities: MBRIGHT's short term assets (MYR187.7M) exceed its short term liabilities (MYR140.6M).
Long Term Liabilities: MBRIGHT's short term assets (MYR187.7M) exceed its long term liabilities (MYR82.0M).
Debt to Equity History and Analysis
Debt Level: MBRIGHT's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: MBRIGHT's debt to equity ratio has increased from 34.6% to 47.4% over the past 5 years.
Debt Coverage: MBRIGHT's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: MBRIGHT's interest payments on its debt are not well covered by EBIT (2.4x coverage).