Mega First Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Mega First Berhad has a total shareholder equity of MYR3.2B and total debt of MYR901.3M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are MYR4.5B and MYR1.3B respectively. Mega First Berhad's EBIT is MYR530.5M making its interest coverage ratio 13.8. It has cash and short-term investments of MYR481.8M.
Key information
28.0%
Debt to equity ratio
RM901.33m
Debt
| Interest coverage ratio | 13.8x |
| Cash | RM481.76m |
| Equity | RM3.22b |
| Total liabilities | RM1.28b |
| Total assets | RM4.51b |
Recent financial health updates
Mega First Corporation Berhad (KLSE:MFCB) Seems To Use Debt Rather Sparingly
Apr 18
We Think Mega First Corporation Berhad (KLSE:MFCB) Can Stay On Top Of Its Debt
May 18Is Mega First Corporation Berhad (KLSE:MFCB) A Risky Investment?
Feb 15Recent updates
Mega First Corporation Berhad (KLSE:MFCB) Seems To Use Debt Rather Sparingly
Apr 18Investors Met With Slowing Returns on Capital At Mega First Corporation Berhad (KLSE:MFCB)
Jun 14At RM7.39, Is Mega First Corporation Berhad (KLSE:MFCB) Worth Looking At Closely?
May 31We Think Mega First Corporation Berhad (KLSE:MFCB) Can Stay On Top Of Its Debt
May 18Here's Why I Think Mega First Corporation Berhad (KLSE:MFCB) Might Deserve Your Attention Today
May 05Should You Be Impressed By Mega First Corporation Berhad's (KLSE:MFCB) Returns on Capital?
Mar 15Shareholders of Mega First Corporation Berhad (KLSE:MFCB) Must Be Delighted With Their 332% Total Return
Mar 01Is Mega First Corporation Berhad (KLSE:MFCB) A Risky Investment?
Feb 15Here's Why I Think Mega First Corporation Berhad (KLSE:MFCB) Is An Interesting Stock
Feb 03Should You Rely On Mega First Corporation Berhad's (KLSE:MFCB) Earnings Growth?
Jan 22Will Weakness in Mega First Corporation Berhad's (KLSE:MFCB) Stock Prove Temporary Given Strong Fundamentals?
Jan 10Here's What Mega First Corporation Berhad's (KLSE:MFCB) Shareholder Ownership Structure Looks Like
Dec 28What Do The Returns On Capital At Mega First Corporation Berhad (KLSE:MFCB) Tell Us?
Dec 14
Estimating The Intrinsic Value Of Mega First Corporation Berhad (KLSE:MFCB)
Dec 02Did You Participate In Any Of Mega First Corporation Berhad's (KLSE:MFCB) Fantastic 250% Return ?
Nov 20Financial Position Analysis
Short Term Liabilities: MFCB's short term assets (MYR1.1B) exceed its short term liabilities (MYR610.0M).
Long Term Liabilities: MFCB's short term assets (MYR1.1B) exceed its long term liabilities (MYR674.4M).
Debt to Equity History and Analysis
Debt Level: MFCB's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: MFCB's debt to equity ratio has reduced from 39.2% to 28% over the past 5 years.
Debt Coverage: MFCB's debt is well covered by operating cash flow (64.9%).
Interest Coverage: MFCB's interest payments on its debt are well covered by EBIT (13.8x coverage).