MISC Berhad Balance Sheet Health
Financial Health criteria checks 4/6
MISC Berhad has a total shareholder equity of MYR40.0B and total debt of MYR17.2B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are MYR65.1B and MYR25.1B respectively. MISC Berhad's EBIT is MYR2.9B making its interest coverage ratio 3.9. It has cash and short-term investments of MYR6.5B.
Key information
43.1%
Debt to equity ratio
RM17.23b
Debt
Interest coverage ratio | 3.9x |
Cash | RM6.55b |
Equity | RM39.97b |
Total liabilities | RM25.09b |
Total assets | RM65.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIHD.F's short term assets (MYR13.9B) exceed its short term liabilities (MYR7.9B).
Long Term Liabilities: MIHD.F's short term assets (MYR13.9B) do not cover its long term liabilities (MYR17.2B).
Debt to Equity History and Analysis
Debt Level: MIHD.F's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: MIHD.F's debt to equity ratio has increased from 35.9% to 43.1% over the past 5 years.
Debt Coverage: MIHD.F's debt is well covered by operating cash flow (33.1%).
Interest Coverage: MIHD.F's interest payments on its debt are well covered by EBIT (3.9x coverage).