ManagePay Systems Berhad Balance Sheet Health
Financial Health criteria checks 4/6
ManagePay Systems Berhad has a total shareholder equity of MYR64.9M and total debt of MYR5.8M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are MYR82.5M and MYR17.5M respectively.
Key information
8.9%
Debt to equity ratio
RM5.77m
Debt
| Interest coverage ratio | n/a |
| Cash | RM6.39m |
| Equity | RM64.95m |
| Total liabilities | RM17.54m |
| Total assets | RM82.49m |
Financial Position Analysis
Short Term Liabilities: MPAY's short term assets (MYR31.1M) exceed its short term liabilities (MYR16.7M).
Long Term Liabilities: MPAY's short term assets (MYR31.1M) exceed its long term liabilities (MYR885.0K).
Debt to Equity History and Analysis
Debt Level: MPAY has more cash than its total debt.
Reducing Debt: MPAY's debt to equity ratio has increased from 0% to 8.9% 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: MPAY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MPAY has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.7% each year.