MeGroup Balance Sheet Health
Financial Health criteria checks 4/6
MeGroup has a total shareholder equity of MYR61.4M and total debt of MYR69.9M, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are MYR197.2M and MYR135.9M respectively. MeGroup's EBIT is MYR17.2M making its interest coverage ratio 3.7. It has cash and short-term investments of MYR24.3M.
Key information
113.9%
Debt to equity ratio
RM 69.86m
Debt
| Interest coverage ratio | 3.7x |
| Cash | RM 24.35m |
| Equity | RM 61.35m |
| Total liabilities | RM 135.86m |
| Total assets | RM 197.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJY's short term assets (MYR93.9M) exceed its short term liabilities (MYR59.5M).
Long Term Liabilities: SJY's short term assets (MYR93.9M) exceed its long term liabilities (MYR76.4M).
Debt to Equity History and Analysis
Debt Level: SJY's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: SJY's debt to equity ratio has increased from 74.2% to 113.9% over the past 5 years.
Debt Coverage: SJY's debt is well covered by operating cash flow (28.3%).
Interest Coverage: SJY's interest payments on its debt are well covered by EBIT (3.7x coverage).