Mieco Chipboard Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Mieco Chipboard Berhad has a total shareholder equity of MYR330.6M and total debt of MYR221.3M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are MYR640.9M and MYR310.3M respectively.
Key information
66.95%
Debt to equity ratio
RM 221.33m
Debt
Interest coverage ratio | n/a |
Cash | RM 22.29m |
Equity | RM 330.58m |
Total liabilities | RM 310.32m |
Total assets | RM 640.90m |
Recent financial health updates
These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively
May 06Would 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 (MYR227.0M) exceed its short term liabilities (MYR224.7M).
Long Term Liabilities: MIECO's short term assets (MYR227.0M) exceed its long term liabilities (MYR85.7M).
Debt to Equity History and Analysis
Debt Level: MIECO's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: MIECO's debt to equity ratio has reduced from 75.2% to 67% over the past 5 years.
Debt Coverage: MIECO's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if MIECO's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/07/24 20:39 |
End of Day Share Price | 2025/07/24 00:00 |
Earnings | 2025/03/31 |
Annual Earnings | 2024/12/31 |
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 * |
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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.
Analysis Model and Snowflake
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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 Github.
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 |
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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 |