MAG Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
MAG Holdings Berhad has a total shareholder equity of MYR827.1M and total debt of MYR181.8M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are MYR1.2B and MYR351.9M respectively. MAG Holdings Berhad's EBIT is MYR45.6M making its interest coverage ratio 48.9. It has cash and short-term investments of MYR228.2M.
Key information
22.0%
Debt to equity ratio
RM 181.76m
Debt
| Interest coverage ratio | 48.9x |
| Cash | RM 228.20m |
| Equity | RM 827.08m |
| Total liabilities | RM 351.93m |
| Total assets | RM 1.18b |
Recent financial health updates
We Think MAG Holdings Berhad (KLSE:MAG) Can Stay On Top Of Its Debt
Jun 03
MAG Holdings Berhad (KLSE:MAG) Seems To Use Debt Quite Sensibly
Jun 09Is MAG Holdings Berhad (KLSE:MAG) Using Too Much Debt?
Nov 19Recent updates
We Think That There Are Some Issues For MAG Holdings Berhad (KLSE:MAG) Beyond Its Promising Earnings
Sep 06What MAG Holdings Berhad's (KLSE:MAG) P/E Is Not Telling You
Jul 04We Think MAG Holdings Berhad (KLSE:MAG) Can Stay On Top Of Its Debt
Jun 03MAG Holdings Berhad (KLSE:MAG) Seems To Use Debt Quite Sensibly
Jun 09MAG Holdings Berhad's (KLSE:MAG) Earnings Are Of Questionable Quality
Mar 02Is MAG Holdings Berhad (KLSE:MAG) Struggling?
Feb 25Is MAG Holdings Berhad (KLSE:MAG) Using Too Much Debt?
Nov 19Financial Position Analysis
Short Term Liabilities: MAG's short term assets (MYR385.8M) exceed its short term liabilities (MYR180.9M).
Long Term Liabilities: MAG's short term assets (MYR385.8M) exceed its long term liabilities (MYR171.0M).
Debt to Equity History and Analysis
Debt Level: MAG has more cash than its total debt.
Reducing Debt: MAG's debt to equity ratio has reduced from 37% to 22% over the past 5 years.
Debt Coverage: MAG's debt is well covered by operating cash flow (39%).
Interest Coverage: MAG's interest payments on its debt are well covered by EBIT (48.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:19 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
MAG Holdings Berhad is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Boon Kian Chua | MIDF Research |
| Kam Tan | TA Securities Holdings Berhad |