MESB Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MESB Berhad has a total shareholder equity of MYR149.2M and total debt of MYR4.3M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR194.8M and MYR45.5M respectively. MESB Berhad's EBIT is MYR17.0M making its interest coverage ratio 37.8. It has cash and short-term investments of MYR54.5M.
Key information
2.9%
Debt to equity ratio
RM4.28m
Debt
| Interest coverage ratio | 37.8x |
| Cash | RM54.46m |
| Equity | RM149.24m |
| Total liabilities | RM45.51m |
| Total assets | RM194.76m |
Financial Position Analysis
Short Term Liabilities: MESB's short term assets (MYR144.7M) exceed its short term liabilities (MYR44.0M).
Long Term Liabilities: MESB's short term assets (MYR144.7M) exceed its long term liabilities (MYR1.5M).
Debt to Equity History and Analysis
Debt Level: MESB has more cash than its total debt.
Reducing Debt: MESB's debt to equity ratio has reduced from 37.3% to 2.9% over the past 5 years.
Debt Coverage: MESB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MESB's interest payments on its debt are well covered by EBIT (37.8x coverage).