Magna Prima Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Magna Prima Berhad has a total shareholder equity of MYR293.1M and total debt of MYR46.5M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are MYR388.5M and MYR95.4M respectively.
Key information
15.9%
Debt to equity ratio
RM46.53m
Debt
| Interest coverage ratio | n/a |
| Cash | RM102.00k |
| Equity | RM293.13m |
| Total liabilities | RM95.38m |
| Total assets | RM388.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MAGNA's short term assets (MYR87.3M) exceed its short term liabilities (MYR63.5M).
Long Term Liabilities: MAGNA's short term assets (MYR87.3M) exceed its long term liabilities (MYR31.9M).
Debt to Equity History and Analysis
Debt Level: MAGNA's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: MAGNA's debt to equity ratio has reduced from 40.6% to 15.9% over the past 5 years.
Debt Coverage: MAGNA's debt is well covered by operating cash flow (113.6%).
Interest Coverage: Insufficient data to determine if MAGNA's interest payments on its debt are well covered by EBIT.