Northeast Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Northeast Group Berhad has a total shareholder equity of MYR142.7M and total debt of MYR27.8M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are MYR192.2M and MYR49.5M respectively. Northeast Group Berhad's EBIT is MYR22.7M making its interest coverage ratio 20.4. It has cash and short-term investments of MYR81.9M.
Key information
19.4%
Debt to equity ratio
RM 27.75m
Debt
| Interest coverage ratio | 20.4x |
| Cash | RM 81.91m |
| Equity | RM 142.74m |
| Total liabilities | RM 49.48m |
| Total assets | RM 192.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NE's short term assets (MYR104.3M) exceed its short term liabilities (MYR16.1M).
Long Term Liabilities: NE's short term assets (MYR104.3M) exceed its long term liabilities (MYR33.3M).
Debt to Equity History and Analysis
Debt Level: NE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NE's debt is well covered by operating cash flow (81.9%).
Interest Coverage: NE's interest payments on its debt are well covered by EBIT (20.4x coverage).