Maxim Global Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Maxim Global Berhad has a total shareholder equity of MYR520.7M and total debt of MYR142.6M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are MYR826.8M and MYR306.1M respectively. Maxim Global Berhad's EBIT is MYR3.0M making its interest coverage ratio -1.7. It has cash and short-term investments of MYR240.7M.
Key information
27.4%
Debt to equity ratio
RM142.55m
Debt
| Interest coverage ratio | -1.7x |
| Cash | RM240.70m |
| Equity | RM520.74m |
| Total liabilities | RM306.06m |
| Total assets | RM826.80m |
Recent financial health updates
Maxim Global Berhad (KLSE:MAXIM) Seems To Use Debt Rather Sparingly
Apr 14
Maxim Global Berhad (KLSE:MAXIM) Takes On Some Risk With Its Use Of Debt
Dec 27Maxim Global Berhad (KLSE:MAXIM) Takes On Some Risk With Its Use Of Debt
Aug 02We Think Maxim Global Berhad (KLSE:MAXIM) Can Stay On Top Of Its Debt
Oct 13We Think Maxim Global Berhad (KLSE:MAXIM) Can Manage Its Debt With Ease
Apr 14Recent updates
Maxim Global Berhad (KLSE:MAXIM) Seems To Use Debt Rather Sparingly
Apr 14Maxim Global Berhad (KLSE:MAXIM) Takes On Some Risk With Its Use Of Debt
Dec 27Maxim Global Berhad (KLSE:MAXIM) Takes On Some Risk With Its Use Of Debt
Aug 02We Think Maxim Global Berhad (KLSE:MAXIM) Can Stay On Top Of Its Debt
Oct 13Estimating The Fair Value Of Maxim Global Berhad (KLSE:MAXIM)
Aug 30We Think Maxim Global Berhad (KLSE:MAXIM) Can Manage Its Debt With Ease
Apr 14If You Like EPS Growth Then Check Out Maxim Global Berhad (KLSE:MAXIM) Before It's Too Late
Feb 20If You Had Bought Maxim Global Berhad (KLSE:MAXIM) Stock Five Years Ago, You Could Pocket A 18% Gain Today
Jan 25Here's Why We Don't Think Maxim Global Berhad's (KLSE:MAXIM) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 29Do Insiders Own Lots Of Shares In Maxim Global Berhad (KLSE:MAXIM)?
Dec 03
Financial Position Analysis
Short Term Liabilities: MAXIM's short term assets (MYR738.5M) exceed its short term liabilities (MYR134.5M).
Long Term Liabilities: MAXIM's short term assets (MYR738.5M) exceed its long term liabilities (MYR171.6M).
Debt to Equity History and Analysis
Debt Level: MAXIM has more cash than its total debt.
Reducing Debt: MAXIM's debt to equity ratio has increased from 21.9% to 27.4% over the past 5 years.
Debt Coverage: MAXIM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MAXIM earns more interest than it pays, so coverage of interest payments is not a concern.