Heng Hup Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Heng Hup Holdings has a total shareholder equity of MYR212.6M and total debt of MYR104.0M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are MYR382.1M and MYR169.5M respectively. Heng Hup Holdings's EBIT is MYR17.8M making its interest coverage ratio 5. It has cash and short-term investments of MYR24.9M.
Key information
48.9%
Debt to equity ratio
RM104.05m
Debt
| Interest coverage ratio | 5x |
| Cash | RM24.85m |
| Equity | RM212.59m |
| Total liabilities | RM169.52m |
| Total assets | RM382.11m |
Recent financial health updates
These 4 Measures Indicate That Heng Hup Holdings (HKG:1891) Is Using Debt Reasonably Well
May 01
We Think Heng Hup Holdings (HKG:1891) Has A Fair Chunk Of Debt
Dec 08Heng Hup Holdings (HKG:1891) Has A Pretty Healthy Balance Sheet
Dec 27Does Heng Hup Holdings (HKG:1891) Have A Healthy Balance Sheet?
Apr 28Heng Hup Holdings (HKG:1891) Has A Rock Solid Balance Sheet
Oct 12Heng Hup Holdings (HKG:1891) Has A Pretty Healthy Balance Sheet
May 15Recent updates
These 4 Measures Indicate That Heng Hup Holdings (HKG:1891) Is Using Debt Reasonably Well
May 01We Think Heng Hup Holdings (HKG:1891) Has A Fair Chunk Of Debt
Dec 08Heng Hup Holdings (HKG:1891) Has A Pretty Healthy Balance Sheet
Dec 27There Are Reasons To Feel Uneasy About Heng Hup Holdings' (HKG:1891) Returns On Capital
Oct 24Does Heng Hup Holdings (HKG:1891) Have A Healthy Balance Sheet?
Apr 28Be Wary Of Heng Hup Holdings (HKG:1891) And Its Returns On Capital
Feb 21Heng Hup Holdings (HKG:1891) Has A Rock Solid Balance Sheet
Oct 12Heng Hup Holdings (HKG:1891) Has A Pretty Healthy Balance Sheet
May 15Heng Hup Holdings (HKG:1891) Will Be Hoping To Turn Its Returns On Capital Around
Mar 23Should We Be Excited About The Trends Of Returns At Heng Hup Holdings (HKG:1891)?
Dec 08
Financial Position Analysis
Short Term Liabilities: 1891's short term assets (MYR300.7M) exceed its short term liabilities (MYR150.0M).
Long Term Liabilities: 1891's short term assets (MYR300.7M) exceed its long term liabilities (MYR19.5M).
Debt to Equity History and Analysis
Debt Level: 1891's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 1891's debt to equity ratio has increased from 8.2% to 48.9% over the past 5 years.
Debt Coverage: 1891's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 1891's interest payments on its debt are well covered by EBIT (5x coverage).