Minho (M) Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Minho (M) Berhad has a total shareholder equity of MYR448.0M and total debt of MYR23.5M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are MYR532.4M and MYR84.5M respectively. Minho (M) Berhad's EBIT is MYR13.4M making its interest coverage ratio 36.7. It has cash and short-term investments of MYR63.3M.
Key information
5.2%
Debt to equity ratio
RM 23.46m
Debt
Interest coverage ratio | 36.7x |
Cash | RM 63.32m |
Equity | RM 447.96m |
Total liabilities | RM 84.49m |
Total assets | RM 532.45m |
Recent financial health updates
Here's Why Minho (M) Berhad (KLSE:MINHO) Can Manage Its Debt Responsibly
Feb 08Minho (M) Berhad (KLSE:MINHO) Has A Pretty Healthy Balance Sheet
May 24Minho (M) Berhad (KLSE:MINHO) Has A Pretty Healthy Balance Sheet
Feb 23Recent updates
Returns On Capital At Minho (M) Berhad (KLSE:MINHO) Paint A Concerning Picture
Feb 15Minho (M) Berhad (KLSE:MINHO) Is Finding It Tricky To Allocate Its Capital
Sep 05Minho (M) Berhad's (KLSE:MINHO) Earnings Are Of Questionable Quality
Apr 11Calculating The Fair Value Of Minho (M) Berhad (KLSE:MINHO)
Mar 06Here's Why Minho (M) Berhad (KLSE:MINHO) Can Manage Its Debt Responsibly
Feb 08Calculating The Intrinsic Value Of Minho (M) Berhad (KLSE:MINHO)
Jul 07Minho (M) Berhad (KLSE:MINHO) Has A Pretty Healthy Balance Sheet
May 24These Return Metrics Don't Make Minho (M) Berhad (KLSE:MINHO) Look Too Strong
Apr 01Minho (M) Berhad (KLSE:MINHO) Has A Pretty Healthy Balance Sheet
Feb 23Is This A Sign of Things To Come At Minho (M) Berhad (KLSE:MINHO)?
Jan 01Financial Position Analysis
Short Term Liabilities: MINHO's short term assets (MYR190.3M) exceed its short term liabilities (MYR54.7M).
Long Term Liabilities: MINHO's short term assets (MYR190.3M) exceed its long term liabilities (MYR29.8M).
Debt to Equity History and Analysis
Debt Level: MINHO has more cash than its total debt.
Reducing Debt: MINHO's debt to equity ratio has reduced from 12.4% to 5.2% over the past 5 years.
Debt Coverage: MINHO's debt is well covered by operating cash flow (123%).
Interest Coverage: MINHO's interest payments on its debt are well covered by EBIT (36.7x coverage).