MISC Berhad Balance Sheet Health
Financial Health criteria checks 4/6
MISC Berhad has a total shareholder equity of MYR41.5B and total debt of MYR17.7B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are MYR66.4B and MYR24.9B respectively. MISC Berhad's EBIT is MYR2.8B making its interest coverage ratio 7.1. It has cash and short-term investments of MYR5.3B.
Key information
42.7%
Debt to equity ratio
RM 17.70b
Debt
| Interest coverage ratio | 7.1x |
| Cash | RM 5.34b |
| Equity | RM 41.49b |
| Total liabilities | RM 24.88b |
| Total assets | RM 66.37b |
Recent financial health updates
These 4 Measures Indicate That MISC Berhad (KLSE:MISC) Is Using Debt Extensively
Aug 06
Here's Why MISC Berhad (KLSE:MISC) Can Manage Its Debt Responsibly
Jan 03Is MISC Berhad (KLSE:MISC) A Risky Investment?
Oct 02Here's Why MISC Berhad (KLSE:MISC) Can Manage Its Debt Responsibly
May 22Is MISC Berhad (KLSE:MISC) Using Too Much Debt?
Feb 13Is MISC Berhad (KLSE:MISC) Using Too Much Debt?
Nov 03Recent updates
Returns On Capital Are Showing Encouraging Signs At MISC Berhad (KLSE:MISC)
Oct 11These 4 Measures Indicate That MISC Berhad (KLSE:MISC) Is Using Debt Extensively
Aug 06MISC Berhad's (KLSE:MISC) Dividend Will Be MYR0.08
Jun 02MISC Berhad (KLSE:MISC) Is Doing The Right Things To Multiply Its Share Price
May 21MISC Berhad's (KLSE:MISC) Business Is Yet to Catch Up With Its Share Price
Apr 26MISC Berhad Beat Revenue Forecasts By 5.4%: Here's What Analysts Are Forecasting Next
Mar 03MISC Berhad's (KLSE:MISC) Intrinsic Value Is Potentially 64% Above Its Share Price
Feb 14Here's Why MISC Berhad (KLSE:MISC) Can Manage Its Debt Responsibly
Jan 03MISC Berhad (KLSE:MISC) Is Doing The Right Things To Multiply Its Share Price
Dec 11Are Investors Undervaluing MISC Berhad (KLSE:MISC) By 38%?
Oct 27Is MISC Berhad (KLSE:MISC) A Risky Investment?
Oct 02MISC Berhad's (KLSE:MISC) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Returns On Capital At MISC Berhad (KLSE:MISC) Have Hit The Brakes
Aug 16Here's Why MISC Berhad (KLSE:MISC) Can Manage Its Debt Responsibly
May 22Here's What To Make Of MISC Berhad's (KLSE:MISC) Decelerating Rates Of Return
May 03MISC Berhad's (KLSE:MISC) Dividend Will Be MYR0.12
Feb 17Is MISC Berhad (KLSE:MISC) Using Too Much Debt?
Feb 13The Return Trends At MISC Berhad (KLSE:MISC) Look Promising
Dec 21MISC Berhad (KLSE:MISC) Has Announced A Dividend Of MYR0.07
Nov 20Is MISC Berhad (KLSE:MISC) Using Too Much Debt?
Nov 03MISC Berhad (KLSE:MISC) Is Paying Out A Dividend Of MYR0.07
Aug 21The Return Trends At MISC Berhad (KLSE:MISC) Look Promising
Jul 22We Think MISC Berhad (KLSE:MISC) Can Stay On Top Of Its Debt
Jun 26Returns On Capital Are Showing Encouraging Signs At MISC Berhad (KLSE:MISC)
Apr 03MISC Berhad (KLSE:MISC) Has A Pretty Healthy Balance Sheet
Mar 02Financial Position Analysis
Short Term Liabilities: MISC's short term assets (MYR14.0B) exceed its short term liabilities (MYR9.9B).
Long Term Liabilities: MISC's short term assets (MYR14.0B) do not cover its long term liabilities (MYR15.0B).
Debt to Equity History and Analysis
Debt Level: MISC's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: MISC's debt to equity ratio has increased from 37.3% to 42.7% over the past 5 years.
Debt Coverage: MISC's debt is well covered by operating cash flow (22.5%).
Interest Coverage: MISC's interest payments on its debt are well covered by EBIT (7.1x coverage).