MYP Balance Sheet Health
Financial Health criteria checks 4/6
MYP has a total shareholder equity of SGD285.6M and total debt of SGD381.9M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are SGD672.4M and SGD386.7M respectively. MYP's EBIT is SGD11.0M making its interest coverage ratio 0.8. It has cash and short-term investments of SGD94.3M.
Key information
133.7%
Debt to equity ratio
S$381.93m
Debt
| Interest coverage ratio | 0.8x |
| Cash | S$94.35m |
| Equity | S$285.64m |
| Total liabilities | S$386.73m |
| Total assets | S$672.37m |
Recent financial health updates
Here's Why MYP (SGX:F86) Has A Meaningful Debt Burden
Jan 17
We Think MYP (SGX:F86) Is Taking Some Risk With Its Debt
Jul 18We Think MYP (SGX:F86) Is Taking Some Risk With Its Debt
Feb 21MYP (SGX:F86) Use Of Debt Could Be Considered Risky
Feb 09Here's Why MYP (SGX:F86) Is Weighed Down By Its Debt Load
Sep 15MYP (SGX:F86) Seems To Be Using A Lot Of Debt
Jun 01Recent updates
Here's Why MYP (SGX:F86) Has A Meaningful Debt Burden
Jan 17A Look At The Intrinsic Value Of MYP Ltd. (SGX:F86)
Aug 25We Think MYP (SGX:F86) Is Taking Some Risk With Its Debt
Jul 18Estimating The Fair Value Of MYP Ltd. (SGX:F86)
May 04We Think MYP (SGX:F86) Is Taking Some Risk With Its Debt
Feb 21Estimating The Fair Value Of MYP Ltd. (SGX:F86)
Oct 31Calculating The Fair Value Of MYP Ltd. (SGX:F86)
Jul 27We Think You Should Be Aware Of Some Concerning Factors In MYP's (SGX:F86) Earnings
Jun 06MYP (SGX:F86) Use Of Debt Could Be Considered Risky
Feb 09Here's Why MYP (SGX:F86) Is Weighed Down By Its Debt Load
Sep 15MYP (SGX:F86) Seems To Be Using A Lot Of Debt
Jun 01If You Had Bought MYP's (SGX:F86) Shares Five Years Ago You Would Be Down 63%
Mar 01We Think MYP (SGX:F86) Is Taking Some Risk With Its Debt
Jan 04
Financial Position Analysis
Short Term Liabilities: F86's short term assets (SGD97.6M) exceed its short term liabilities (SGD62.7M).
Long Term Liabilities: F86's short term assets (SGD97.6M) do not cover its long term liabilities (SGD324.0M).
Debt to Equity History and Analysis
Debt Level: F86's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: F86's debt to equity ratio has reduced from 166.7% to 133.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable F86 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: F86 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.9% per year.