Mentiga Corporation Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Mentiga Berhad has a total shareholder equity of MYR231.3M and total debt of MYR28.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are MYR349.7M and MYR118.4M respectively.
Key information
12.1%
Debt to equity ratio
RM28.01m
Debt
Interest coverage ratio | n/a |
Cash | RM1.14m |
Equity | RM231.28m |
Total liabilities | RM118.44m |
Total assets | RM349.72m |
Recent financial health 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 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 07Will 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 (MYR6.3M) do not cover its short term liabilities (MYR32.0M).
Long Term Liabilities: MENTIGA's short term assets (MYR6.3M) do not cover its long term liabilities (MYR86.5M).
Debt to Equity History and Analysis
Debt Level: MENTIGA's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: MENTIGA's debt to equity ratio has reduced from 13.9% to 12.1% over the past 5 years.
Debt Coverage: MENTIGA's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: Insufficient data to determine if MENTIGA's interest payments on its debt are well covered by EBIT.