Menang Corporation (M) Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Menang (M) Berhad has a total shareholder equity of MYR547.9M and total debt of MYR284.6M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are MYR1.0B and MYR482.8M respectively. Menang (M) Berhad's EBIT is MYR66.9M making its interest coverage ratio 3. It has cash and short-term investments of MYR122.6M.
Key information
52.0%
Debt to equity ratio
RM 284.65m
Debt
| Interest coverage ratio | 3x |
| Cash | RM 122.63m |
| Equity | RM 547.89m |
| Total liabilities | RM 482.84m |
| Total assets | RM 1.03b |
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
We Think That There Are Issues Underlying Menang Corporation (M) Berhad's (KLSE:MENANG) Earnings
Sep 02Menang Corporation (M) Berhad's (KLSE:MENANG) Shares Leap 33% Yet They're Still Not Telling The Full Story
May 28Statutory 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 05Financial Position Analysis
Short Term Liabilities: MENANG's short term assets (MYR234.2M) exceed its short term liabilities (MYR190.5M).
Long Term Liabilities: MENANG's short term assets (MYR234.2M) do not cover its long term liabilities (MYR292.3M).
Debt to Equity History and Analysis
Debt Level: MENANG's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: MENANG's debt to equity ratio has reduced from 64.4% to 52% over the past 5 years.
Debt Coverage: MENANG's debt is well covered by operating cash flow (50.5%).
Interest Coverage: MENANG's interest payments on its debt are well covered by EBIT (3x coverage).