Mesiniaga Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Mesiniaga Berhad has a total shareholder equity of MYR120.6M and total debt of MYR9.1M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are MYR215.6M and MYR95.0M respectively. Mesiniaga Berhad's EBIT is MYR5.5M making its interest coverage ratio -14.9. It has cash and short-term investments of MYR39.6M.
Key information
7.5%
Debt to equity ratio
RM 9.10m
Debt
Interest coverage ratio | -14.9x |
Cash | RM 39.62m |
Equity | RM 120.59m |
Total liabilities | RM 95.04m |
Total assets | RM 215.63m |
Recent financial health updates
Here's Why Mesiniaga Berhad (KLSE:MSNIAGA) Can Manage Its Debt Responsibly
Oct 14Mesiniaga Berhad (KLSE:MSNIAGA) Seems To Use Debt Quite Sensibly
Dec 25Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Mesiniaga Berhad's (KLSE:MSNIAGA) Earnings
Jun 06Why We Think Mesiniaga Berhad's (KLSE:MSNIAGA) CEO Compensation Is Not Excessive At All
May 28The 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 05Mesiniaga Berhad (KLSE:MSNIAGA) Seems To Use Debt Quite Sensibly
Dec 25Financial Position Analysis
Short Term Liabilities: MSNIAGA's short term assets (MYR160.3M) exceed its short term liabilities (MYR87.2M).
Long Term Liabilities: MSNIAGA's short term assets (MYR160.3M) exceed its long term liabilities (MYR7.9M).
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 13.4% to 7.5% over the past 5 years.
Debt Coverage: MSNIAGA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MSNIAGA earns more interest than it pays, so coverage of interest payments is not a concern.