NationGate Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
NationGate Holdings Berhad has a total shareholder equity of MYR422.1M and total debt of MYR80.5M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are MYR734.9M and MYR312.8M respectively. NationGate Holdings Berhad's EBIT is MYR78.0M making its interest coverage ratio 10.4. It has cash and short-term investments of MYR69.5M.
Key information
19.1%
Debt to equity ratio
RM80.48m
Debt
| Interest coverage ratio | 10.4x |
| Cash | RM69.47m |
| Equity | RM422.06m |
| Total liabilities | RM312.80m |
| Total assets | RM734.85m |
Recent financial health updates
Recent updates
The Return Trends At NationGate Holdings Berhad (KLSE:NATGATE) Look Promising
Mar 26
Here's What Analysts Are Forecasting For NationGate Holdings Berhad (KLSE:NATGATE) Following Its Earnings Miss
Mar 03NationGate Holdings Berhad (KLSE:NATGATE) Has A Pretty Healthy Balance Sheet
Feb 13NationGate Holdings Berhad (KLSE:NATGATE) Analysts Are Reducing Their Forecasts For This Year
Nov 01We Think That There Are Issues Underlying NationGate Holdings Berhad's (KLSE:NATGATE) Earnings
May 06Financial Position Analysis
Short Term Liabilities: NATGATE's short term assets (MYR466.0M) exceed its short term liabilities (MYR275.6M).
Long Term Liabilities: NATGATE's short term assets (MYR466.0M) exceed its long term liabilities (MYR37.2M).
Debt to Equity History and Analysis
Debt Level: NATGATE's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NATGATE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NATGATE's debt is well covered by operating cash flow (183.5%).
Interest Coverage: NATGATE's interest payments on its debt are well covered by EBIT (10.4x coverage).