MeGroup Balance Sheet Health
Financial Health criteria checks 2/6
MeGroup has a total shareholder equity of MYR47.9M and total debt of MYR55.7M, which brings its debt-to-equity ratio to 116.2%. Its total assets and total liabilities are MYR168.5M and MYR120.6M respectively. MeGroup's EBIT is MYR11.2M making its interest coverage ratio 2.8. It has cash and short-term investments of MYR19.6M.
Key information
116.2%
Debt to equity ratio
RM55.66m
Debt
Interest coverage ratio | 2.8x |
Cash | RM19.60m |
Equity | RM47.89m |
Total liabilities | RM120.61m |
Total assets | RM168.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJY's short term assets (MYR79.3M) exceed its short term liabilities (MYR56.8M).
Long Term Liabilities: SJY's short term assets (MYR79.3M) exceed its long term liabilities (MYR63.8M).
Debt to Equity History and Analysis
Debt Level: SJY's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: SJY's debt to equity ratio has increased from 65.5% to 116.2% over the past 5 years.
Debt Coverage: SJY's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: SJY's interest payments on its debt are not well covered by EBIT (2.8x coverage).