Master-Pack Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Master-Pack Group Berhad has a total shareholder equity of MYR169.3M and total debt of MYR2.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are MYR199.3M and MYR30.0M respectively. Master-Pack Group Berhad's EBIT is MYR27.1M making its interest coverage ratio -21. It has cash and short-term investments of MYR76.3M.
Key information
1.3%
Debt to equity ratio
RM2.21m
Debt
| Interest coverage ratio | -21x |
| Cash | RM76.28m |
| Equity | RM169.30m |
| Total liabilities | RM30.01m |
| Total assets | RM199.31m |
Recent financial health updates
Master-Pack Group Berhad (KLSE:MASTER) Seems To Use Debt Rather Sparingly
Jun 09
Master-Pack Group Berhad (KLSE:MASTER) Seems To Use Debt Quite Sensibly
Mar 06Recent updates
Master-Pack Group Berhad (KLSE:MASTER) Shareholders Will Want The ROCE Trajectory To Continue
Dec 20Here's Why We Think Master-Pack Group Berhad (KLSE:MASTER) Might Deserve Your Attention Today
Aug 18Master-Pack Group Berhad (KLSE:MASTER) Seems To Use Debt Rather Sparingly
Jun 09Master-Pack Group Berhad (KLSE:MASTER) Is Looking To Continue Growing Its Returns On Capital
May 05Master-Pack Group Berhad (KLSE:MASTER) Seems To Use Debt Quite Sensibly
Mar 06Will Master-Pack Group Berhad (KLSE:MASTER) Multiply In Value Going Forward?
Feb 01
Here's Why Master-Pack Group Berhad's (KLSE:MASTER) Statutory Earnings Are Arguably Too Conservative
Jan 04Has Master-Pack Group Berhad's (KLSE:MASTER) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 09Financial Position Analysis
Short Term Liabilities: MASTER's short term assets (MYR124.2M) exceed its short term liabilities (MYR21.7M).
Long Term Liabilities: MASTER's short term assets (MYR124.2M) exceed its long term liabilities (MYR8.3M).
Debt to Equity History and Analysis
Debt Level: MASTER has more cash than its total debt.
Reducing Debt: MASTER's debt to equity ratio has reduced from 15.5% to 1.3% over the past 5 years.
Debt Coverage: MASTER's debt is well covered by operating cash flow (1520.8%).
Interest Coverage: MASTER earns more interest than it pays, so coverage of interest payments is not a concern.