Malayan Cement Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Malayan Cement Berhad has a total shareholder equity of MYR6.1B and total debt of MYR3.3B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are MYR10.7B and MYR4.7B respectively. Malayan Cement Berhad's EBIT is MYR640.6M making its interest coverage ratio 3.4. It has cash and short-term investments of MYR671.7M.
Key information
54.8%
Debt to equity ratio
RM3.33b
Debt
| Interest coverage ratio | 3.4x |
| Cash | RM671.69m |
| Equity | RM6.08b |
| Total liabilities | RM4.66b |
| Total assets | RM10.74b |
Recent financial health updates
Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance Sheet
Sep 19
Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?
Mar 30Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?
May 11Is Malayan Cement Berhad (KLSE:MCEMENT) Weighed On By Its Debt Load?
Jan 25Recent updates
Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)
Jan 04Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance Sheet
Sep 19What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/E
Aug 15Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way Up
Jul 24Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?
Jul 05At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?
Jun 14Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?
Mar 30Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)
Feb 17Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value Estimate
Jan 19Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?
May 11Is Malayan Cement Berhad (KLSE:MCEMENT) Weighed On By Its Debt Load?
Jan 25Some Investors May Be Worried About Malayan Cement Berhad's (KLSE:MCEMENT) Returns On Capital
Nov 23Malayan Cement Berhad (KLSE:MCEMENT) Strong Profits May Be Masking Some Underlying Issues
Sep 15Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 45% Discount?
May 18Loss-Making Malayan Cement Berhad (KLSE:MCEMENT) Set To Breakeven
Mar 25If You Had Bought Malayan Cement Berhad's (KLSE:MCEMENT) Shares Five Years Ago You Would Be Down 77%
Feb 01
Financial Position Analysis
Short Term Liabilities: MCEMENT's short term assets (MYR2.0B) exceed its short term liabilities (MYR1.5B).
Long Term Liabilities: MCEMENT's short term assets (MYR2.0B) do not cover its long term liabilities (MYR3.2B).
Debt to Equity History and Analysis
Debt Level: MCEMENT's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: MCEMENT's debt to equity ratio has increased from 32.8% to 54.8% over the past 5 years.
Debt Coverage: MCEMENT's debt is well covered by operating cash flow (22.6%).
Interest Coverage: MCEMENT's interest payments on its debt are well covered by EBIT (3.4x coverage).