Evergreen Max Cash Capital Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Evergreen Max Cash Capital Berhad has a total shareholder equity of MYR218.5M and total debt of MYR68.1M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are MYR311.8M and MYR93.3M respectively. Evergreen Max Cash Capital Berhad's EBIT is MYR27.8M making its interest coverage ratio 9.4. It has cash and short-term investments of MYR50.7M.
Key information
31.2%
Debt to equity ratio
RM 68.07m
Debt
| Interest coverage ratio | 9.4x |
| Cash | RM 50.66m |
| Equity | RM 218.50m |
| Total liabilities | RM 93.34m |
| Total assets | RM 311.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EMCC's short term assets (MYR268.0M) exceed its short term liabilities (MYR29.5M).
Long Term Liabilities: EMCC's short term assets (MYR268.0M) exceed its long term liabilities (MYR63.8M).
Debt to Equity History and Analysis
Debt Level: EMCC's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EMCC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EMCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EMCC's interest payments on its debt are well covered by EBIT (9.4x coverage).