Mikro MSC Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Mikro MSC Berhad has a total shareholder equity of MYR283.5M and total debt of MYR7.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are MYR301.1M and MYR17.6M respectively. Mikro MSC Berhad's EBIT is MYR24.2M making its interest coverage ratio 147.5. It has cash and short-term investments of MYR21.1M.
Key information
2.7%
Debt to equity ratio
RM7.56m
Debt
| Interest coverage ratio | 147.5x |
| Cash | RM21.06m |
| Equity | RM283.53m |
| Total liabilities | RM17.59m |
| Total assets | RM301.12m |
Recent financial health updates
These 4 Measures Indicate That Mikro MSC Berhad (KLSE:MIKROMB) Is Using Debt Reasonably Well
Sep 26
We Think Mikro MSC Berhad (KLSE:MIKROMB) Can Stay On Top Of Its Debt
Sep 02Here's Why Mikro MSC Berhad (KLSE:MIKROMB) Can Manage Its Debt Responsibly
Mar 08Mikro MSC Berhad (KLSE:MIKROMB) Seems To Use Debt Quite Sensibly
Mar 27Is Mikro MSC Berhad (KLSE:MIKROMB) A Risky Investment?
Dec 20Recent updates
Here's Why We Think Mikro MSC Berhad (KLSE:MIKROMB) Might Deserve Your Attention Today
Apr 11Some Mikro MSC Berhad (KLSE:MIKROMB) Shareholders Look For Exit As Shares Take 26% Pounding
Jan 18These 4 Measures Indicate That Mikro MSC Berhad (KLSE:MIKROMB) Is Using Debt Reasonably Well
Sep 26Mikro MSC Berhad's (KLSE:MIKROMB) Earnings Are Of Questionable Quality
Mar 09Is Now The Time To Put Mikro MSC Berhad (KLSE:MIKROMB) On Your Watchlist?
Dec 15We Think Mikro MSC Berhad (KLSE:MIKROMB) Can Stay On Top Of Its Debt
Sep 02Be Wary Of Mikro MSC Berhad (KLSE:MIKROMB) And Its Returns On Capital
Aug 04Here's Why Mikro MSC Berhad (KLSE:MIKROMB) Can Manage Its Debt Responsibly
Mar 08Here's What's Concerning About Mikro MSC Berhad's (KLSE:MIKROMB) Returns On Capital
May 06Mikro MSC Berhad (KLSE:MIKROMB) Seems To Use Debt Quite Sensibly
Mar 27Can Mikro MSC Berhad's (KLSE:MIKROMB) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Mar 01What Can We Make Of Mikro MSC Berhad's (KLSE:MIKROMB) CEO Compensation?
Feb 08We're Watching These Trends At Mikro MSC Berhad (KLSE:MIKROMB)
Jan 18
Is Mikro MSC Berhad (KLSE:MIKROMB) A Risky Investment?
Dec 20Mikro MSC Berhad's (KLSE:MIKROMB) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Nov 29Financial Position Analysis
Short Term Liabilities: MIKROMB's short term assets (MYR71.9M) exceed its short term liabilities (MYR8.6M).
Long Term Liabilities: MIKROMB's short term assets (MYR71.9M) exceed its long term liabilities (MYR9.0M).
Debt to Equity History and Analysis
Debt Level: MIKROMB has more cash than its total debt.
Reducing Debt: MIKROMB's debt to equity ratio has reduced from 15.6% to 2.7% over the past 5 years.
Debt Coverage: MIKROMB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MIKROMB's interest payments on its debt are well covered by EBIT (147.5x coverage).