Mulpha International Bhd Balance Sheet Health
Financial Health criteria checks 3/6
Mulpha International Bhd has a total shareholder equity of MYR3.6B and total debt of MYR2.3B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are MYR6.4B and MYR2.8B respectively. Mulpha International Bhd's EBIT is MYR274.2M making its interest coverage ratio 2. It has cash and short-term investments of MYR287.6M.
Key information
64.8%
Debt to equity ratio
RM 2.34b
Debt
| Interest coverage ratio | 2x |
| Cash | RM 287.57m |
| Equity | RM 3.61b |
| Total liabilities | RM 2.81b |
| Total assets | RM 6.42b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MULPHA's short term assets (MYR2.0B) exceed its short term liabilities (MYR1.1B).
Long Term Liabilities: MULPHA's short term assets (MYR2.0B) exceed its long term liabilities (MYR1.7B).
Debt to Equity History and Analysis
Debt Level: MULPHA's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: MULPHA's debt to equity ratio has reduced from 73.1% to 64.8% over the past 5 years.
Debt Coverage: MULPHA's debt is not well covered by operating cash flow (0.07%).
Interest Coverage: MULPHA's interest payments on its debt are not well covered by EBIT (2x coverage).