MMIS Berhad Balance Sheet Health
Financial Health criteria checks 5/6
MMIS Berhad has a total shareholder equity of MYR31.4M and total debt of MYR25.1M, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are MYR62.4M and MYR31.0M respectively. MMIS Berhad's EBIT is MYR8.7M making its interest coverage ratio 12.9. It has cash and short-term investments of MYR13.4M.
Key information
80.0%
Debt to equity ratio
RM25.14m
Debt
| Interest coverage ratio | 12.9x |
| Cash | RM13.39m |
| Equity | RM31.41m |
| Total liabilities | RM31.03m |
| Total assets | RM62.44m |
Recent financial health updates
Does MMIS Berhad (KLSE:MMIS) Have A Healthy Balance Sheet?
Mar 08
Is MMIS Berhad (KLSE:MMIS) A Risky Investment?
Feb 10Recent updates
MMIS Berhad's (KLSE:MMIS) Returns On Capital Not Reflecting Well On The Business
Mar 31Does MMIS Berhad (KLSE:MMIS) Have A Healthy Balance Sheet?
Mar 08MMIS Berhad's (KLSE:MMIS) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
May 10Is MMIS Berhad (KLSE:MMIS) A Risky Investment?
Feb 10Boasting A 16% Return On Equity, Is MMIS Berhad (KLSE:MMIS) A Top Quality Stock?
Dec 09
Financial Position Analysis
Short Term Liabilities: MMIS's short term assets (MYR25.9M) exceed its short term liabilities (MYR8.9M).
Long Term Liabilities: MMIS's short term assets (MYR25.9M) exceed its long term liabilities (MYR22.1M).
Debt to Equity History and Analysis
Debt Level: MMIS's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: MMIS's debt to equity ratio has increased from 50.4% to 80% over the past 5 years.
Debt Coverage: MMIS's debt is well covered by operating cash flow (53.2%).
Interest Coverage: MMIS's interest payments on its debt are well covered by EBIT (12.9x coverage).