Mynews Holdings Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Mynews Holdings Berhad has a total shareholder equity of MYR238.8M and total debt of MYR87.7M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are MYR612.4M and MYR373.6M respectively. Mynews Holdings Berhad's EBIT is MYR14.9M making its interest coverage ratio 1.4. It has cash and short-term investments of MYR37.1M.
Key information
36.7%
Debt to equity ratio
RM 87.75m
Debt
Interest coverage ratio | 1.4x |
Cash | RM 37.05m |
Equity | RM 238.85m |
Total liabilities | RM 373.60m |
Total assets | RM 612.45m |
Recent financial health updates
Is Mynews Holdings Berhad (KLSE:MYNEWS) A Risky Investment?
Aug 13Health 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
Is Mynews Holdings Berhad (KLSE:MYNEWS) A Risky Investment?
Aug 13Market Participants Recognise Mynews Holdings Berhad's (KLSE:MYNEWS) Revenues Pushing Shares 26% Higher
Jun 14A 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 (MYR168.0M) do not cover its short term liabilities (MYR201.8M).
Long Term Liabilities: MYNEWS's short term assets (MYR168.0M) do not cover its long term liabilities (MYR171.8M).
Debt to Equity History and Analysis
Debt Level: MYNEWS's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: MYNEWS's debt to equity ratio has increased from 2.5% to 36.7% over the past 5 years.
Debt Coverage: MYNEWS's debt is well covered by operating cash flow (87.8%).
Interest Coverage: MYNEWS's interest payments on its debt are not well covered by EBIT (1.4x coverage).