MeGroup Balance Sheet Health
Financial Health criteria checks 3/6
MeGroup has a total shareholder equity of MYR53.1M and total debt of MYR67.9M, which brings its debt-to-equity ratio to 127.9%. Its total assets and total liabilities are MYR187.1M and MYR134.0M respectively. MeGroup's EBIT is MYR13.8M making its interest coverage ratio 3.2. It has cash and short-term investments of MYR17.8M.
Key information
127.9%
Debt to equity ratio
RM 67.91m
Debt
| Interest coverage ratio | 3.2x |
| Cash | RM 17.75m |
| Equity | RM 53.08m |
| Total liabilities | RM 134.02m |
| Total assets | RM 187.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJY's short term assets (MYR87.1M) exceed its short term liabilities (MYR57.1M).
Long Term Liabilities: SJY's short term assets (MYR87.1M) exceed its long term liabilities (MYR76.9M).
Debt to Equity History and Analysis
Debt Level: SJY's net debt to equity ratio (94.5%) is considered high.
Reducing Debt: SJY's debt to equity ratio has increased from 62.1% to 127.9% over the past 5 years.
Debt Coverage: SJY's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: SJY's interest payments on its debt are well covered by EBIT (3.2x coverage).