Mulpha International Bhd Balance Sheet Health
Financial Health criteria checks 2/6
Mulpha International Bhd has a total shareholder equity of MYR3.6B and total debt of MYR2.2B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are MYR6.3B and MYR2.7B respectively. Mulpha International Bhd's EBIT is MYR183.2M making its interest coverage ratio 1.4. It has cash and short-term investments of MYR291.5M.
Key information
60.2%
Debt to equity ratio
RM2.18b
Debt
| Interest coverage ratio | 1.4x |
| Cash | RM291.50m |
| Equity | RM3.63b |
| Total liabilities | RM2.72b |
| Total assets | RM6.34b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MULPHA's short term assets (MYR1.6B) do not cover its short term liabilities (MYR1.8B).
Long Term Liabilities: MULPHA's short term assets (MYR1.6B) exceed its long term liabilities (MYR961.1M).
Debt to Equity History and Analysis
Debt Level: MULPHA's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: MULPHA's debt to equity ratio has reduced from 69.8% to 60.2% over the past 5 years.
Debt Coverage: MULPHA's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: MULPHA's interest payments on its debt are not well covered by EBIT (1.4x coverage).