MYP Balance Sheet Health
Financial Health criteria checks 4/6
MYP has a total shareholder equity of SGD277.3M and total debt of SGD382.4M, which brings its debt-to-equity ratio to 137.9%. Its total assets and total liabilities are SGD664.1M and SGD386.8M respectively. MYP's EBIT is SGD11.4M making its interest coverage ratio 0.7. It has cash and short-term investments of SGD97.0M.
Key information
137.9%
Debt to equity ratio
S$382.37m
Debt
| Interest coverage ratio | 0.7x |
| Cash | S$96.99m |
| Equity | S$277.27m |
| Total liabilities | S$386.82m |
| Total assets | S$664.09m |
Recent financial health updates
Here's Why MYP (SGX:F86) Has A Meaningful Debt Burden
Sep 25
Does MYP (SGX:F86) Have A Healthy Balance Sheet?
May 29Here's Why MYP (SGX:F86) Has A Meaningful Debt Burden
Jan 17We 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 09Recent updates
Here's Why MYP (SGX:F86) Has A Meaningful Debt Burden
Sep 25MYP Ltd.'s (SGX:F86) CEO Compensation Looks Acceptable To Us And Here's Why
Jul 23Does MYP (SGX:F86) Have A Healthy Balance Sheet?
May 29Here'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 (SGD99.7M) exceed its short term liabilities (SGD62.8M).
Long Term Liabilities: F86's short term assets (SGD99.7M) do not cover its long term liabilities (SGD324.0M).
Debt to Equity History and Analysis
Debt Level: F86's net debt to equity ratio (102.9%) is considered high.
Reducing Debt: F86's debt to equity ratio has reduced from 151.8% to 137.9% 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, due to free cash flow being positive and growing by 0.5% per year.