Mynews Holdings Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Mynews Holdings Berhad has a total shareholder equity of MYR237.8M and total debt of MYR90.7M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are MYR633.8M and MYR396.0M respectively. Mynews Holdings Berhad's EBIT is MYR4.7M making its interest coverage ratio 0.4. It has cash and short-term investments of MYR43.3M.
Key information
38.1%
Debt to equity ratio
RM90.68m
Debt
Interest coverage ratio | 0.4x |
Cash | RM43.32m |
Equity | RM237.80m |
Total liabilities | RM395.96m |
Total assets | RM633.76m |
Recent financial health updates
Health Check: How Prudently Does Mynews Holdings Berhad (KLSE:MYNEWS) Use Debt?
Aug 09Is Mynews Holdings Berhad (KLSE:MYNEWS) Using Too Much Debt?
Mar 09Mynews Holdings Berhad (KLSE:MYNEWS) Is Carrying A Fair Bit Of Debt
May 31Here's Why Mynews Holdings Berhad (KLSE:MYNEWS) Can Afford Some Debt
Jan 27Recent updates
A Look At The Intrinsic Value Of Mynews Holdings Berhad (KLSE:MYNEWS)
Mar 31Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 29% Above Its Share Price
Oct 28Health Check: How Prudently Does Mynews Holdings Berhad (KLSE:MYNEWS) Use Debt?
Aug 09Mynews Holdings Berhad's (KLSE:MYNEWS) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 29Is Mynews Holdings Berhad (KLSE:MYNEWS) Using Too Much Debt?
Mar 09Mynews Holdings Berhad (KLSE:MYNEWS) Is Carrying A Fair Bit Of Debt
May 31Is Mynews Holdings Berhad (KLSE:MYNEWS) Trading At A 30% Discount?
Apr 07What Type Of Returns Would Mynews Holdings Berhad's(KLSE:MYNEWS) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 03Here's Why Mynews Holdings Berhad (KLSE:MYNEWS) Can Afford Some Debt
Jan 27Mynews Holdings Berhad (KLSE:MYNEWS) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Dec 23Is Mynews Holdings Berhad (KLSE:MYNEWS) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 08Financial Position Analysis
Short Term Liabilities: MYNEWS's short term assets (MYR182.8M) do not cover its short term liabilities (MYR217.5M).
Long Term Liabilities: MYNEWS's short term assets (MYR182.8M) exceed its long term liabilities (MYR178.4M).
Debt to Equity History and Analysis
Debt Level: MYNEWS's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: MYNEWS's debt to equity ratio has increased from 2.3% to 38.1% over the past 5 years.
Debt Coverage: MYNEWS's debt is well covered by operating cash flow (74.6%).
Interest Coverage: MYNEWS's interest payments on its debt are not well covered by EBIT (0.4x coverage).