Melewar Industrial Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Melewar Industrial Group Berhad has a total shareholder equity of MYR547.2M and total debt of MYR133.9M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are MYR862.8M and MYR315.6M respectively. Melewar Industrial Group Berhad's EBIT is MYR22.5M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR77.0M.
Key information
24.5%
Debt to equity ratio
RM 133.88m
Debt
| Interest coverage ratio | 3.5x |
| Cash | RM 76.97m |
| Equity | RM 547.19m |
| Total liabilities | RM 315.64m |
| Total assets | RM 862.83m |
Recent financial health updates
Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Making Moderate Use Of Debt
Jul 14
Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet
Jan 28Is Melewar Industrial Group Berhad (KLSE:MELEWAR) Using Too Much Debt?
Sep 29We Think Melewar Industrial Group Berhad (KLSE:MELEWAR) Can Stay On Top Of Its Debt
Apr 18Here's Why Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Meaningful Debt Burden
Jan 12Melewar Industrial Group Berhad (KLSE:MELEWAR) Seems To Use Debt Quite Sensibly
Aug 26Recent updates
Solid Earnings Reflect Melewar Industrial Group Berhad's (KLSE:MELEWAR) Strength As A Business
Nov 07Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)
Aug 06Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Making Moderate Use Of Debt
Jul 14Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet
Jan 28Is Melewar Industrial Group Berhad (KLSE:MELEWAR) Using Too Much Debt?
Sep 29Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)
Jul 08A Look At The Intrinsic Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)
May 25We Think Melewar Industrial Group Berhad (KLSE:MELEWAR) Can Stay On Top Of Its Debt
Apr 18Here's Why Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Meaningful Debt Burden
Jan 12Returns Are Gaining Momentum At Melewar Industrial Group Berhad (KLSE:MELEWAR)
Nov 29Calculating The Fair Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)
Oct 12Melewar Industrial Group Berhad (KLSE:MELEWAR) Seems To Use Debt Quite Sensibly
Aug 26Returns On Capital At Melewar Industrial Group Berhad (KLSE:MELEWAR) Have Hit The Brakes
Jul 19Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet
May 27Melewar Industrial Group Berhad (KLSE:MELEWAR) Held Back By Insufficient Growth Even After Shares Climb 30%
May 01Melewar Industrial Group Berhad (KLSE:MELEWAR) May Have Issues Allocating Its Capital
Apr 18Melewar Industrial Group Berhad (KLSE:MELEWAR) Passed Our Checks, And It's About To Pay A RM0.022 Dividend
Mar 21These 4 Measures Indicate That Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Using Debt Extensively
Feb 21Has Melewar Industrial Group Berhad (KLSE:MELEWAR) Got What It Takes To Become A Multi-Bagger?
Jan 18We're Not So Sure You Should Rely on Melewar Industrial Group Berhad's (KLSE:MELEWAR) Statutory Earnings
Dec 14
Financial Position Analysis
Short Term Liabilities: MELEWAR's short term assets (MYR457.5M) exceed its short term liabilities (MYR238.4M).
Long Term Liabilities: MELEWAR's short term assets (MYR457.5M) exceed its long term liabilities (MYR77.3M).
Debt to Equity History and Analysis
Debt Level: MELEWAR's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: MELEWAR's debt to equity ratio has increased from 24.4% to 24.5% over the past 5 years.
Debt Coverage: MELEWAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MELEWAR's interest payments on its debt are well covered by EBIT (3.5x coverage).