Marine & General Berhad

KLSE:M&G Stock Report

Market Cap: RM 214.7m

Marine & General Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Marine & General Berhad has a total shareholder equity of MYR184.7M and total debt of MYR592.2M, which brings its debt-to-equity ratio to 320.6%. Its total assets and total liabilities are MYR841.9M and MYR657.1M respectively. Marine & General Berhad's EBIT is MYR69.5M making its interest coverage ratio 2.1. It has cash and short-term investments of MYR71.2M.

Key information

320.6%

Debt to equity ratio

RM 592.23m

Debt

Interest coverage ratio2.1x
CashRM 71.16m
EquityRM 184.74m
Total liabilitiesRM 657.12m
Total assetsRM 841.86m

Recent financial health updates

Recent updates

Marine & General Berhad (KLSE:M&G) Might Not Be As Mispriced As It Looks

Dec 16
Marine & General Berhad (KLSE:M&G) Might Not Be As Mispriced As It Looks

Marine & General Berhad (KLSE:M&G) Is Looking To Continue Growing Its Returns On Capital

Nov 11
Marine & General Berhad (KLSE:M&G) Is Looking To Continue Growing Its Returns On Capital

Marine & General Berhad's (KLSE:M&G) Anemic Earnings Might Be Worse Than You Think

Sep 09
Marine & General Berhad's (KLSE:M&G) Anemic Earnings Might Be Worse Than You Think

Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

Jul 13
Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

The Market Lifts Marine & General Berhad (KLSE:M&G) Shares 52% But It Can Do More

Jun 14
The Market Lifts Marine & General Berhad (KLSE:M&G) Shares 52% But It Can Do More

Marine & General Berhad (KLSE:M&G) Stock Rockets 30% But Many Are Still Ignoring The Company

Mar 20
Marine & General Berhad (KLSE:M&G) Stock Rockets 30% But Many Are Still Ignoring The Company

Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist

Mar 14
Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist

Here's Why We Think Marine & General Berhad (KLSE:M&G) Might Deserve Your Attention Today

Feb 20
Here's Why We Think Marine & General Berhad (KLSE:M&G) Might Deserve Your Attention Today

Investors Continue Waiting On Sidelines For Marine & General Berhad (KLSE:M&G)

Jan 16
Investors Continue Waiting On Sidelines For Marine & General Berhad (KLSE:M&G)

There May Be Underlying Issues With The Quality Of Marine & General Berhad's (KLSE:M&G) Earnings

Dec 23
There May Be Underlying Issues With The Quality Of Marine & General Berhad's (KLSE:M&G) Earnings

We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt

Dec 15
We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt

Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist

Aug 21
Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist

Not Many Are Piling Into Marine & General Berhad (KLSE:M&G) Just Yet

Jul 14
Not Many Are Piling Into Marine & General Berhad (KLSE:M&G) Just Yet

We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt

May 03
We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt

Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

Feb 02
Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

Oct 06
Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

Jun 21
Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

A Look At The Intrinsic Value Of Marine & General Berhad (KLSE:M&G)

Apr 14
A Look At The Intrinsic Value Of Marine & General Berhad (KLSE:M&G)

Health Check: How Prudently Does Marine & General Berhad (KLSE:M&G) Use Debt?

Feb 16
Health Check: How Prudently Does Marine & General Berhad (KLSE:M&G) Use Debt?

Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

Oct 01
Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?

Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

May 31
Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?

Is Marine & General Berhad (KLSE:M&G) Weighed On By Its Debt Load?

Dec 25
Is Marine & General Berhad (KLSE:M&G) Weighed On By Its Debt Load?

Financial Position Analysis

Short Term Liabilities: M&G's short term assets (MYR187.3M) exceed its short term liabilities (MYR139.5M).

Long Term Liabilities: M&G's short term assets (MYR187.3M) do not cover its long term liabilities (MYR517.6M).


Debt to Equity History and Analysis

Debt Level: M&G's net debt to equity ratio (282.1%) is considered high.

Reducing Debt: M&G had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: M&G's debt is not well covered by operating cash flow (17.7%).

Interest Coverage: M&G's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marine & General Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adi WicaksonoMaybank Research Pte. Ltd.
Li ChaiMaybank Research Pte. Ltd.