ManagePay Systems Berhad Balance Sheet Health
Financial Health criteria checks 5/6
ManagePay Systems Berhad has a total shareholder equity of MYR69.8M and total debt of MYR6.9M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are MYR90.2M and MYR20.3M respectively.
Key information
9.9%
Debt to equity ratio
RM 6.92m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 15.60m |
| Equity | RM 69.82m |
| Total liabilities | RM 20.35m |
| Total assets | RM 90.17m |
Financial Position Analysis
Short Term Liabilities: MPAY's short term assets (MYR36.9M) exceed its short term liabilities (MYR18.9M).
Long Term Liabilities: MPAY's short term assets (MYR36.9M) exceed its long term liabilities (MYR1.4M).
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 9.9% 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 3 years based on its current free cash flow.
Forecast Cash Runway: MPAY has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 8.3% each year.