Malaysia Steel Works (KL) Bhd Balance Sheet Health
Financial Health criteria checks 3/6
Malaysia Steel Works (KL) Bhd has a total shareholder equity of MYR865.4M and total debt of MYR497.0M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are MYR2.0B and MYR1.1B respectively. Malaysia Steel Works (KL) Bhd's EBIT is MYR32.2M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR54.4M.
Key information
57.4%
Debt to equity ratio
RM496.95m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM54.37m |
| Equity | RM865.36m |
| Total liabilities | RM1.09b |
| Total assets | RM1.96b |
Recent financial health updates
Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Seems To Be Using A Lot Of Debt
Jun 13
These 4 Measures Indicate That Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Using Debt Extensively
Oct 12These 4 Measures Indicate That Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Using Debt In A Risky Way
Jun 09Is Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Using Debt In A Risky Way?
Feb 21Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Has Debt But No Earnings; Should You Worry?
Nov 23
Recent updates
Returns On Capital Signal Tricky Times Ahead For Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL)
Aug 21Investors Don't See Light At End Of Malaysia Steel Works (KL) Bhd.'s (KLSE:MASTEEL) Tunnel And Push Stock Down 25%
Feb 28Returns On Capital Signal Tricky Times Ahead For Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL)
Nov 18Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Seems To Be Using A Lot Of Debt
Jun 13Malaysia Steel Works (KL) Bhd's (KLSE:MASTEEL) Earnings Are Of Questionable Quality
Dec 01Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Experiencing Growth In Returns On Capital
Nov 25These 4 Measures Indicate That Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Using Debt Extensively
Oct 12Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Looking To Continue Growing Its Returns On Capital
Aug 26These 4 Measures Indicate That Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Is Using Debt In A Risky Way
Jun 09There's Been No Shortage Of Growth Recently For Malaysia Steel Works (KL) Bhd's (KLSE:MASTEEL) Returns On Capital
Mar 28Is Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Using Debt In A Risky Way?
Feb 21Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Shareholders Have Enjoyed An Impressive 192% Share Price Gain
Dec 28Malaysia Steel Works (KL) Bhd (KLSE:MASTEEL) Has Debt But No Earnings; Should You Worry?
Nov 23Financial Position Analysis
Short Term Liabilities: MASTEEL's short term assets (MYR1.1B) exceed its short term liabilities (MYR1.0B).
Long Term Liabilities: MASTEEL's short term assets (MYR1.1B) exceed its long term liabilities (MYR77.6M).
Debt to Equity History and Analysis
Debt Level: MASTEEL's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: MASTEEL's debt to equity ratio has reduced from 58.7% to 57.4% over the past 5 years.
Debt Coverage: MASTEEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MASTEEL's interest payments on its debt are not well covered by EBIT (1.2x coverage).