Menang Corporation (M) Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Menang (M) Berhad has a total shareholder equity of MYR503.1M and total debt of MYR320.0M, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are MYR974.5M and MYR471.4M respectively. Menang (M) Berhad's EBIT is MYR59.5M making its interest coverage ratio 2.5. It has cash and short-term investments of MYR56.2M.
Key information
63.6%
Debt to equity ratio
RM319.99m
Debt
| Interest coverage ratio | 2.5x |
| Cash | RM56.19m |
| Equity | RM503.14m |
| Total liabilities | RM471.40m |
| Total assets | RM974.54m |
Recent financial health updates
Here's Why Menang Corporation (M) Berhad (KLSE:MENANG) Has A Meaningful Debt Burden
Aug 22
These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively
Mar 22These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively
Jun 15Is Menang Corporation (M) Berhad (KLSE:MENANG) A Risky Investment?
Jul 12Does Menang Corporation (M) Berhad (KLSE:MENANG) Have A Healthy Balance Sheet?
Feb 05Recent updates
Statutory Profit Doesn't Reflect How Good Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Are
Feb 12Here's Why Menang Corporation (M) Berhad (KLSE:MENANG) Has A Meaningful Debt Burden
Aug 22Estimating The Intrinsic Value Of Menang Corporation (M) Berhad (KLSE:MENANG)
Jun 26Should You Be Adding Menang Corporation (M) Berhad (KLSE:MENANG) To Your Watchlist Today?
Apr 19These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively
Mar 22Do Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings Warrant Your Attention?
Sep 07These 4 Measures Indicate That Menang Corporation (M) Berhad (KLSE:MENANG) Is Using Debt Extensively
Jun 15Here's Why We Think Menang Corporation (M) Berhad (KLSE:MENANG) Is Well Worth Watching
Apr 18Menang Corporation (M) Berhad's (KLSE:MENANG) Price Is Out Of Tune With Earnings
Feb 11Menang Corporation (M) Berhad's (KLSE:MENANG) Solid Earnings Have Been Accounted For Conservatively
Dec 06Is Menang Corporation (M) Berhad (KLSE:MENANG) A Risky Investment?
Jul 12Does Menang Corporation (M) Berhad (KLSE:MENANG) Have A Healthy Balance Sheet?
Feb 05Menang Corporation (M) Berhad (KLSE:MENANG) Shareholders Have Enjoyed A 78% Share Price Gain
Dec 14Financial Position Analysis
Short Term Liabilities: MENANG's short term assets (MYR166.3M) exceed its short term liabilities (MYR143.9M).
Long Term Liabilities: MENANG's short term assets (MYR166.3M) do not cover its long term liabilities (MYR327.5M).
Debt to Equity History and Analysis
Debt Level: MENANG's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: MENANG's debt to equity ratio has reduced from 67.9% to 63.6% over the past 5 years.
Debt Coverage: MENANG's debt is well covered by operating cash flow (32.5%).
Interest Coverage: MENANG's interest payments on its debt are not well covered by EBIT (2.5x coverage).