Mentiga Corporation Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Mentiga Berhad has a total shareholder equity of MYR225.8M and total debt of MYR31.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are MYR347.1M and MYR121.3M respectively.
Key information
13.7%
Debt to equity ratio
RM 30.99m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 1.01m |
| Equity | RM 225.76m |
| Total liabilities | RM 121.32m |
| Total assets | RM 347.08m |
Recent financial health updates
Health Check: How Prudently Does Mentiga Corporation Berhad (KLSE:MENTIGA) Use Debt?
Mar 17
Is Mentiga Corporation Berhad (KLSE:MENTIGA) Using Debt In A Risky Way?
Nov 09Is Mentiga Corporation Berhad (KLSE:MENTIGA) Using Debt In A Risky Way?
Jun 14Does Mentiga Corporation Berhad (KLSE:MENTIGA) Have A Healthy Balance Sheet?
Feb 21Mentiga Corporation Berhad (KLSE:MENTIGA) Takes On Some Risk With Its Use Of Debt
Oct 25These 4 Measures Indicate That Mentiga Corporation Berhad (KLSE:MENTIGA) Is Using Debt Extensively
May 09Recent updates
Health Check: How Prudently Does Mentiga Corporation Berhad (KLSE:MENTIGA) Use Debt?
Mar 17Is Mentiga Corporation Berhad (KLSE:MENTIGA) Using Debt In A Risky Way?
Nov 09Is Mentiga Corporation Berhad (KLSE:MENTIGA) Using Debt In A Risky Way?
Jun 14Does Mentiga Corporation Berhad (KLSE:MENTIGA) Have A Healthy Balance Sheet?
Feb 21Mentiga Corporation Berhad (KLSE:MENTIGA) Takes On Some Risk With Its Use Of Debt
Oct 25Mentiga Corporation Berhad (KLSE:MENTIGA) Might Have The Makings Of A Multi-Bagger
Jul 22These 4 Measures Indicate That Mentiga Corporation Berhad (KLSE:MENTIGA) Is Using Debt Extensively
May 09Mentiga Corporation Berhad (KLSE:MENTIGA) Is Reinvesting At Lower Rates Of Return
Apr 04Mentiga Corporation Berhad (KLSE:MENTIGA) Takes On Some Risk With Its Use Of Debt
Feb 07
Will the Promising Trends At Mentiga Corporation Berhad (KLSE:MENTIGA) Continue?
Jan 03We're Not So Sure You Should Rely on Mentiga Corporation Berhad's (KLSE:MENTIGA) Statutory Earnings
Nov 29Financial Position Analysis
Short Term Liabilities: MENTIGA's short term assets (MYR6.7M) do not cover its short term liabilities (MYR33.0M).
Long Term Liabilities: MENTIGA's short term assets (MYR6.7M) do not cover its long term liabilities (MYR88.3M).
Debt to Equity History and Analysis
Debt Level: MENTIGA's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: MENTIGA's debt to equity ratio has reduced from 16.3% to 13.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MENTIGA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MENTIGA has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.8% each year.