Melewar Industrial Group Berhad Financial Health
How is Melewar Industrial Group Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MELEWAR's short term assets (MYR377.5M) exceed its short term liabilities (MYR159.3M).
Long Term Liabilities: MELEWAR's short term assets (MYR377.5M) exceed its long term liabilities (MYR85.5M).
Debt to Equity History and Analysis
Debt Level: MELEWAR's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: MELEWAR's debt to equity ratio has reduced from 28.8% to 21.8% over the past 5 years.
Debt Coverage: MELEWAR's debt is well covered by operating cash flow (42.6%).
Interest Coverage: MELEWAR's interest payments on its debt are well covered by EBIT (16.9x coverage).