Mycron Steel Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Mycron Steel Berhad has a total shareholder equity of MYR511.2M and total debt of MYR112.2M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are MYR714.0M and MYR202.8M respectively. Mycron Steel Berhad's EBIT is MYR26.9M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR47.4M.
Key information
21.9%
Debt to equity ratio
RM 112.19m
Debt
| Interest coverage ratio | 3.5x |
| Cash | RM 47.36m |
| Equity | RM 511.24m |
| Total liabilities | RM 202.79m |
| Total assets | RM 714.03m |
Recent financial health updates
These 4 Measures Indicate That Mycron Steel Berhad (KLSE:MYCRON) Is Using Debt Extensively
Feb 20
Is Mycron Steel Berhad (KLSE:MYCRON) Using Too Much Debt?
Apr 21Is Mycron Steel Berhad (KLSE:MYCRON) Using Too Much Debt?
Nov 16Is Mycron Steel Berhad (KLSE:MYCRON) A Risky Investment?
Nov 17Mycron Steel Berhad (KLSE:MYCRON) Has A Rock Solid Balance Sheet
Aug 26Mycron Steel Berhad (KLSE:MYCRON) Has A Pretty Healthy Balance Sheet
May 13Recent updates
Mycron Steel Berhad's (KLSE:MYCRON) Business Is Trailing The Industry But Its Shares Aren't
May 01These 4 Measures Indicate That Mycron Steel Berhad (KLSE:MYCRON) Is Using Debt Extensively
Feb 20Investors Will Want Mycron Steel Berhad's (KLSE:MYCRON) Growth In ROCE To Persist
Aug 02Mycron Steel Berhad's (KLSE:MYCRON) 27% Price Boost Is Out Of Tune With Revenues
Jun 10Mycron Steel Berhad's (KLSE:MYCRON) Solid Earnings Are Supported By Other Strong Factors
Jun 07Is Mycron Steel Berhad (KLSE:MYCRON) Using Too Much Debt?
Apr 21Is Mycron Steel Berhad (KLSE:MYCRON) Using Too Much Debt?
Nov 16Estimating The Fair Value Of Mycron Steel Berhad (KLSE:MYCRON)
Aug 23Is Mycron Steel Berhad (KLSE:MYCRON) A Risky Investment?
Nov 17Slowing Rates Of Return At Mycron Steel Berhad (KLSE:MYCRON) Leave Little Room For Excitement
Sep 09Return Trends At Mycron Steel Berhad (KLSE:MYCRON) Aren't Appealing
Apr 12The Returns At Mycron Steel Berhad (KLSE:MYCRON) Aren't Growing
Oct 18Mycron Steel Berhad (KLSE:MYCRON) Has A Rock Solid Balance Sheet
Aug 26Mycron Steel Berhad (KLSE:MYCRON) Has A Pretty Healthy Balance Sheet
May 13Be Wary Of Mycron Steel Berhad (KLSE:MYCRON) And Its Returns On Capital
Apr 08Why Mycron Steel Berhad's (KLSE:MYCRON) Earnings Are Better Than They Seem
Mar 04The Mycron Steel Berhad (KLSE:MYCRON) Share Price Is Up 154% And Shareholders Are Boasting About It
Feb 19Is Mycron Steel Berhad (KLSE:MYCRON) A Risky Investment?
Jan 03
Returns On Capital At Mycron Steel Berhad (KLSE:MYCRON) Paint An Interesting Picture
Nov 29Financial Position Analysis
Short Term Liabilities: MYCRON's short term assets (MYR352.0M) exceed its short term liabilities (MYR138.7M).
Long Term Liabilities: MYCRON's short term assets (MYR352.0M) exceed its long term liabilities (MYR64.0M).
Debt to Equity History and Analysis
Debt Level: MYCRON's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: MYCRON's debt to equity ratio has reduced from 30.1% to 21.9% over the past 5 years.
Debt Coverage: MYCRON's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: MYCRON's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/02 22:59 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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 |
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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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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
Mycron Steel Berhad is covered by 1 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 |
|---|---|
| Wen Chye | Hong Leong Investment Bank Berhad |