Melewar Industrial Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Melewar Industrial Group Berhad has a total shareholder equity of MYR544.8M and total debt of MYR118.1M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are MYR785.3M and MYR240.5M respectively. Melewar Industrial Group Berhad's EBIT is MYR22.0M making its interest coverage ratio 3.1. It has cash and short-term investments of MYR62.9M.
Key information
21.7%
Debt to equity ratio
RM 118.12m
Debt
Interest coverage ratio | 3.1x |
Cash | RM 62.89m |
Equity | RM 544.80m |
Total liabilities | RM 240.52m |
Total assets | RM 785.32m |
Recent financial health updates
Melewar 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 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 14Financial Position Analysis
Short Term Liabilities: MELEWAR's short term assets (MYR380.4M) exceed its short term liabilities (MYR163.3M).
Long Term Liabilities: MELEWAR's short term assets (MYR380.4M) exceed its long term liabilities (MYR77.2M).
Debt to Equity History and Analysis
Debt Level: MELEWAR's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: MELEWAR's debt to equity ratio has reduced from 23.6% to 21.7% 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 (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/26 19:47 |
End of Day Share Price | 2024/12/26 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Melewar Industrial Group Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Chee Yoon Yew | Maybank Research Pte. Ltd. |
Chin Ng | RHB Investment Bank |
Kam Tan | TA Securities Holdings Berhad |