DRB-HICOM Berhad Balance Sheet Health
Financial Health criteria checks 3/6
DRB-HICOM Berhad has a total shareholder equity of MYR10.4B and total debt of MYR7.5B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are MYR60.6B and MYR50.3B respectively. DRB-HICOM Berhad's EBIT is MYR626.9M making its interest coverage ratio 1.3. It has cash and short-term investments of MYR4.6B.
Key information
72.5%
Debt to equity ratio
RM 7.51b
Debt
| Interest coverage ratio | 1.3x |
| Cash | RM 4.62b |
| Equity | RM 10.35b |
| Total liabilities | RM 50.26b |
| Total assets | RM 60.61b |
Recent financial health updates
Is DRB-HICOM Berhad (KLSE:DRBHCOM) A Risky Investment?
Sep 25
DRB-HICOM Berhad (KLSE:DRBHCOM) Seems To Be Using A Lot Of Debt
Dec 19DRB-HICOM Berhad (KLSE:DRBHCOM) Has A Somewhat Strained Balance Sheet
May 22Recent updates
Is DRB-HICOM Berhad (KLSE:DRBHCOM) A Risky Investment?
Sep 25What Does DRB-HICOM Berhad's (KLSE:DRBHCOM) Share Price Indicate?
Aug 30Investors Will Want DRB-HICOM Berhad's (KLSE:DRBHCOM) Growth In ROCE To Persist
Aug 07Is Now An Opportune Moment To Examine DRB-HICOM Berhad (KLSE:DRBHCOM)?
Sep 01Is DRB-HICOM Berhad (KLSE:DRBHCOM) Potentially Undervalued?
Feb 22There's No Escaping DRB-HICOM Berhad's (KLSE:DRBHCOM) Muted Earnings Despite A 31% Share Price Rise
Dec 22DRB-HICOM Berhad (KLSE:DRBHCOM) Seems To Be Using A Lot Of Debt
Dec 19DRB-HICOM Berhad (KLSE:DRBHCOM) Will Pay A Dividend Of RM0.02
May 02Robust Earnings May Not Tell The Whole Story For DRB-HICOM Berhad (KLSE:DRBHCOM)
Jun 07DRB-HICOM Berhad (KLSE:DRBHCOM) Has A Somewhat Strained Balance Sheet
May 22The Case For DRB-HICOM Bhd. (KLSE:DRBHCOM): Could It Be A Nice Addition To Your Dividend Portfolio?
Apr 29We Like These Underlying Trends At DRB-HICOM Bhd (KLSE:DRBHCOM)
Mar 16Earnings Update: DRB-HICOM Bhd. (KLSE:DRBHCOM) Just Reported And Analysts Are Boosting Their Estimates
Feb 26Could The DRB-HICOM Berhad (KLSE:DRBHCOM) Ownership Structure Tell Us Something Useful?
Jan 26Here's What We Learned About The CEO Pay At DRB-HICOM Berhad (KLSE:DRBHCOM)
Dec 23What DRB-HICOM Berhad's (KLSE:DRBHCOM) Returns On Capital Can Tell Us
Nov 26
Financial Position Analysis
Short Term Liabilities: DRBHCOM's short term assets (MYR16.2B) do not cover its short term liabilities (MYR40.6B).
Long Term Liabilities: DRBHCOM's short term assets (MYR16.2B) exceed its long term liabilities (MYR9.7B).
Debt to Equity History and Analysis
Debt Level: DRBHCOM's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: DRBHCOM's debt to equity ratio has increased from 69.3% to 72.5% over the past 5 years.
Debt Coverage: DRBHCOM's debt is well covered by operating cash flow (42.7%).
Interest Coverage: DRBHCOM's interest payments on its debt are not well covered by EBIT (1.3x coverage).