Nova MSC Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Nova MSC Berhad has a total shareholder equity of MYR33.9M and total debt of MYR8.0M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are MYR60.1M and MYR26.2M respectively.
Key information
23.6%
Debt to equity ratio
RM8.00m
Debt
| Interest coverage ratio | n/a |
| Cash | RM3.77m |
| Equity | RM33.93m |
| Total liabilities | RM26.21m |
| Total assets | RM60.14m |
Recent financial health updates
Would Nova MSC Berhad (KLSE:NOVAMSC) Be Better Off With Less Debt?
Apr 24
Is Nova MSC Berhad (KLSE:NOVAMSC) A Risky Investment?
Jun 27Is Nova MSC Berhad (KLSE:NOVAMSC) Using Debt Sensibly?
Dec 03Does Nova MSC Berhad (KLSE:NOVAMSC) Have A Healthy Balance Sheet?
Jul 29Does Nova MSC Berhad (KLSE:NOVAMSC) Have A Healthy Balance Sheet?
Apr 15Is Nova MSC Berhad (KLSE:NOVAMSC) Using Too Much Debt?
Dec 28Recent updates
Would Nova MSC Berhad (KLSE:NOVAMSC) Be Better Off With Less Debt?
Apr 24Is Nova MSC Berhad (KLSE:NOVAMSC) A Risky Investment?
Jun 27Is Nova MSC Berhad (KLSE:NOVAMSC) Using Debt Sensibly?
Dec 03Does Nova MSC Berhad (KLSE:NOVAMSC) Have A Healthy Balance Sheet?
Jul 29Does Nova MSC Berhad (KLSE:NOVAMSC) Have A Healthy Balance Sheet?
Apr 15Is Nova MSC Berhad (KLSE:NOVAMSC) Using Too Much Debt?
Dec 28Is Nova MSC Berhad (KLSE:NOVAMSC) Using Too Much Debt?
Jul 12Is Nova MSC Berhad (KLSE:NOVAMSC) A Risky Investment?
Mar 30Is Nova MSC Berhad (KLSE:NOVAMSC) A Risky Investment?
Dec 14
Financial Position Analysis
Short Term Liabilities: NOVAMSC's short term assets (MYR22.1M) do not cover its short term liabilities (MYR26.1M).
Long Term Liabilities: NOVAMSC's short term assets (MYR22.1M) exceed its long term liabilities (MYR91.0K).
Debt to Equity History and Analysis
Debt Level: NOVAMSC's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: NOVAMSC's debt to equity ratio has increased from 6.6% to 23.6% 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: Whilst unprofitable NOVAMSC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NOVAMSC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.7% per year.