Marine & General Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Marine & General Berhad has a total shareholder equity of MYR163.5M and total debt of MYR621.9M, which brings its debt-to-equity ratio to 380.5%. Its total assets and total liabilities are MYR853.4M and MYR690.0M respectively. Marine & General Berhad's EBIT is MYR56.7M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR75.6M.
Key information
380.5%
Debt to equity ratio
RM 621.87m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM 75.59m |
| Equity | RM 163.45m |
| Total liabilities | RM 689.99m |
| Total assets | RM 853.45m |
Recent financial health updates
Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?
Jul 13
We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt
Dec 15We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt
May 03Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?
Feb 02Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?
Oct 06Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?
Jun 21Recent updates
Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?
Jul 13The Market Lifts Marine & General Berhad (KLSE:M&G) Shares 52% But It Can Do More
Jun 14Marine & General Berhad (KLSE:M&G) Stock Rockets 30% But Many Are Still Ignoring The Company
Mar 20Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist
Mar 14Here's Why We Think Marine & General Berhad (KLSE:M&G) Might Deserve Your Attention Today
Feb 20Investors Continue Waiting On Sidelines For Marine & General Berhad (KLSE:M&G)
Jan 16There May Be Underlying Issues With The Quality Of Marine & General Berhad's (KLSE:M&G) Earnings
Dec 23We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt
Dec 15Investors Will Want Marine & General Berhad's (KLSE:M&G) Growth In ROCE To Persist
Aug 21Not Many Are Piling Into Marine & General Berhad (KLSE:M&G) Just Yet
Jul 14We Think Marine & General Berhad (KLSE:M&G) Is Taking Some Risk With Its Debt
May 03Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?
Feb 02Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?
Oct 06Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?
Jun 21A Look At The Intrinsic Value Of Marine & General Berhad (KLSE:M&G)
Apr 14Health Check: How Prudently Does Marine & General Berhad (KLSE:M&G) Use Debt?
Feb 16Is Marine & General Berhad (KLSE:M&G) Using Too Much Debt?
Oct 01Does Marine & General Berhad (KLSE:M&G) Have A Healthy Balance Sheet?
May 31Is Marine & General Berhad (KLSE:M&G) Weighed On By Its Debt Load?
Dec 25Financial Position Analysis
Short Term Liabilities: M&G's short term assets (MYR164.8M) exceed its short term liabilities (MYR132.4M).
Long Term Liabilities: M&G's short term assets (MYR164.8M) do not cover its long term liabilities (MYR557.6M).
Debt to Equity History and Analysis
Debt Level: M&G's net debt to equity ratio (334.2%) 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 (18.8%).
Interest Coverage: M&G's interest payments on its debt are not well covered by EBIT (1.7x coverage).