Mieco Chipboard Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Mieco Chipboard Berhad has a total shareholder equity of MYR320.9M and total debt of MYR239.2M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are MYR667.7M and MYR346.8M respectively.
Key information
74.5%
Debt to equity ratio
RM 239.17m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 20.34m |
| Equity | RM 320.89m |
| Total liabilities | RM 346.78m |
| Total assets | RM 667.67m |
Recent financial health updates
These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively
May 06
Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?
Feb 01Recent updates
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why
May 21Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)
Apr 13Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem
Jun 02These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively
May 06What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?
Mar 01Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?
Feb 01Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?
Dec 28A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)
Dec 01Financial Position Analysis
Short Term Liabilities: MIECO's short term assets (MYR241.6M) exceed its short term liabilities (MYR235.8M).
Long Term Liabilities: MIECO's short term assets (MYR241.6M) exceed its long term liabilities (MYR111.0M).
Debt to Equity History and Analysis
Debt Level: MIECO's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: MIECO's debt to equity ratio has reduced from 76.4% to 74.5% 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: MIECO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MIECO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:18 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mieco Chipboard 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 |
|---|---|
| Jonathan Koh | UOB Kay Hian Research Pte Ltd |
| Kent Chin | UOB Kay Hian Research Pte Ltd |
| Jit Hoong Chan | UOB Kay Hian Research Pte Ltd |