Meridian Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Meridian Berhad has a total shareholder equity of MYR116.3M and total debt of MYR17.8M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are MYR180.7M and MYR64.4M respectively.
Key information
15.3%
Debt to equity ratio
RM 17.80m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 535.00k |
| Equity | RM 116.32m |
| Total liabilities | RM 64.42m |
| Total assets | RM 180.74m |
Recent financial health updates
Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?
May 24
Meridian Berhad (KLSE:MERIDIAN) Use Of Debt Could Be Considered Risky
Sep 25Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?
Jun 12Is Meridian Berhad (KLSE:MERIDIAN) Using Debt In A Risky Way?
Apr 08Here's Why Meridian Berhad (KLSE:MERIDIAN) Can Afford Some Debt
Nov 03Meridian Berhad (KLSE:MERIDIAN) Is Making Moderate Use Of Debt
Feb 02
Recent updates
Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?
May 24Meridian Berhad (KLSE:MERIDIAN) Use Of Debt Could Be Considered Risky
Sep 25Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?
Jun 12Is Meridian Berhad (KLSE:MERIDIAN) Using Debt In A Risky Way?
Apr 08Here's Why Meridian Berhad (KLSE:MERIDIAN) Can Afford Some Debt
Nov 03If You Had Bought Meridian Berhad (KLSE:MERIDIAN) Stock A Year Ago, You Could Pocket A 620% Gain Today
Mar 19Meridian Berhad (KLSE:MERIDIAN) Is Making Moderate Use Of Debt
Feb 02Financial Position Analysis
Short Term Liabilities: MERIDIAN's short term assets (MYR64.8M) exceed its short term liabilities (MYR59.5M).
Long Term Liabilities: MERIDIAN's short term assets (MYR64.8M) exceed its long term liabilities (MYR4.9M).
Debt to Equity History and Analysis
Debt Level: MERIDIAN's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: MERIDIAN's debt to equity ratio has reduced from 38.9% to 15.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MERIDIAN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MERIDIAN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.