Mesiniaga Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Mesiniaga Berhad has a total shareholder equity of MYR117.6M and total debt of MYR10.8M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are MYR239.4M and MYR121.7M respectively. Mesiniaga Berhad's EBIT is MYR2.7M making its interest coverage ratio -9.9. It has cash and short-term investments of MYR64.4M.
Key information
9.2%
Debt to equity ratio
RM10.78m
Debt
| Interest coverage ratio | -9.9x |
| Cash | RM64.45m |
| Equity | RM117.65m |
| Total liabilities | RM121.72m |
| Total assets | RM239.37m |
Recent financial health updates
Here's Why Mesiniaga Berhad (KLSE:MSNIAGA) Can Manage Its Debt Responsibly
Oct 14
Mesiniaga Berhad (KLSE:MSNIAGA) Seems To Use Debt Quite Sensibly
Dec 25Recent updates
The Return Trends At Mesiniaga Berhad (KLSE:MSNIAGA) Look Promising
Mar 21Investor Optimism Abounds Mesiniaga Berhad (KLSE:MSNIAGA) But Growth Is Lacking
Nov 20Here's Why Mesiniaga Berhad (KLSE:MSNIAGA) Can Manage Its Debt Responsibly
Oct 14What We Make Of Mesiniaga Berhad's (KLSE:MSNIAGA) Returns On Capital
Feb 05
Mesiniaga Berhad (KLSE:MSNIAGA) Seems To Use Debt Quite Sensibly
Dec 25Financial Position Analysis
Short Term Liabilities: MSNIAGA's short term assets (MYR190.6M) exceed its short term liabilities (MYR113.0M).
Long Term Liabilities: MSNIAGA's short term assets (MYR190.6M) exceed its long term liabilities (MYR8.7M).
Debt to Equity History and Analysis
Debt Level: MSNIAGA has more cash than its total debt.
Reducing Debt: MSNIAGA's debt to equity ratio has reduced from 13.2% to 9.2% over the past 5 years.
Debt Coverage: MSNIAGA's debt is well covered by operating cash flow (79.1%).
Interest Coverage: MSNIAGA earns more interest than it pays, so coverage of interest payments is not a concern.