Mega Fortris Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Mega Fortris Berhad has a total shareholder equity of MYR126.0M and total debt of MYR85.8M, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are MYR250.8M and MYR124.8M respectively. Mega Fortris Berhad's EBIT is MYR25.3M making its interest coverage ratio 5.9. It has cash and short-term investments of MYR43.2M.
Key information
68.1%
Debt to equity ratio
RM 85.81m
Debt
| Interest coverage ratio | 5.9x |
| Cash | RM 43.18m |
| Equity | RM 125.98m |
| Total liabilities | RM 124.84m |
| Total assets | RM 250.82m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MEGAFB's short term assets (MYR146.9M) exceed its short term liabilities (MYR76.4M).
Long Term Liabilities: MEGAFB's short term assets (MYR146.9M) exceed its long term liabilities (MYR48.4M).
Debt to Equity History and Analysis
Debt Level: MEGAFB's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MEGAFB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MEGAFB's debt is not well covered by operating cash flow (12%).
Interest Coverage: MEGAFB's interest payments on its debt are well covered by EBIT (5.9x coverage).