Melewar Industrial Group Berhad

KLSE:MELEWAR Stock Report

Market Cap: RM 79.1m

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 ratio3.1x
CashRM 62.89m
EquityRM 544.80m
Total liabilitiesRM 240.52m
Total assetsRM 785.32m

Recent financial health updates

Recent updates

Solid Earnings Reflect Melewar Industrial Group Berhad's (KLSE:MELEWAR) Strength As A Business

Nov 07
Solid Earnings Reflect Melewar Industrial Group Berhad's (KLSE:MELEWAR) Strength As A Business

Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)

Aug 06
Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)

Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Making Moderate Use Of Debt

Jul 14
Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Making Moderate Use Of Debt

Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet

Jan 28
Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet

Is Melewar Industrial Group Berhad (KLSE:MELEWAR) Using Too Much Debt?

Sep 29
Is Melewar Industrial Group Berhad (KLSE:MELEWAR) Using Too Much Debt?

Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)

Jul 08
Returns On Capital Are Showing Encouraging Signs At Melewar Industrial Group Berhad (KLSE:MELEWAR)

A Look At The Intrinsic Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)

May 25
A Look At The Intrinsic Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)

We Think Melewar Industrial Group Berhad (KLSE:MELEWAR) Can Stay On Top Of Its Debt

Apr 18
We Think Melewar Industrial Group Berhad (KLSE:MELEWAR) Can Stay On Top Of Its Debt

Here's Why Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Meaningful Debt Burden

Jan 12
Here's Why Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Meaningful Debt Burden

Returns Are Gaining Momentum At Melewar Industrial Group Berhad (KLSE:MELEWAR)

Nov 29
Returns Are Gaining Momentum At Melewar Industrial Group Berhad (KLSE:MELEWAR)

Calculating The Fair Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)

Oct 12
Calculating The Fair Value Of Melewar Industrial Group Berhad (KLSE:MELEWAR)

Melewar Industrial Group Berhad (KLSE:MELEWAR) Seems To Use Debt Quite Sensibly

Aug 26
Melewar Industrial Group Berhad (KLSE:MELEWAR) Seems To Use Debt Quite Sensibly

Returns On Capital At Melewar Industrial Group Berhad (KLSE:MELEWAR) Have Hit The Brakes

Jul 19
Returns On Capital At Melewar Industrial Group Berhad (KLSE:MELEWAR) Have Hit The Brakes

Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet

May 27
Melewar Industrial Group Berhad (KLSE:MELEWAR) Has A Somewhat Strained Balance Sheet

Melewar Industrial Group Berhad (KLSE:MELEWAR) Held Back By Insufficient Growth Even After Shares Climb 30%

May 01
Melewar Industrial Group Berhad (KLSE:MELEWAR) Held Back By Insufficient Growth Even After Shares Climb 30%

Melewar Industrial Group Berhad (KLSE:MELEWAR) May Have Issues Allocating Its Capital

Apr 18
Melewar Industrial Group Berhad (KLSE:MELEWAR) May Have Issues Allocating Its Capital

Melewar Industrial Group Berhad (KLSE:MELEWAR) Passed Our Checks, And It's About To Pay A RM0.022 Dividend

Mar 21
Melewar Industrial Group Berhad (KLSE:MELEWAR) Passed Our Checks, And It's About To Pay A RM0.022 Dividend

These 4 Measures Indicate That Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Using Debt Extensively

Feb 21
These 4 Measures Indicate That Melewar Industrial Group Berhad (KLSE:MELEWAR) Is Using Debt Extensively

Has Melewar Industrial Group Berhad (KLSE:MELEWAR) Got What It Takes To Become A Multi-Bagger?

Jan 18
Has Melewar Industrial Group Berhad (KLSE:MELEWAR) Got What It Takes To Become A Multi-Bagger?

We're Not So Sure You Should Rely on Melewar Industrial Group Berhad's (KLSE:MELEWAR) Statutory Earnings

Dec 14
We're Not So Sure You Should Rely on Melewar Industrial Group Berhad's (KLSE:MELEWAR) Statutory Earnings

Financial 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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