New Hoong Fatt Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
New Hoong Fatt Holdings Berhad has a total shareholder equity of MYR546.8M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR626.4M and MYR79.6M respectively. New Hoong Fatt Holdings Berhad's EBIT is MYR52.7M making its interest coverage ratio 2393.6. It has cash and short-term investments of MYR98.0M.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | 2393.6x |
| Cash | RM97.95m |
| Equity | RM546.81m |
| Total liabilities | RM79.56m |
| Total assets | RM626.37m |
Recent financial health updates
Here's Why New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Can Manage Its Debt Responsibly
May 10
Does New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Have A Healthy Balance Sheet?
Feb 08Recent updates
New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Is Due To Pay A Dividend Of MYR0.03
Nov 30Here's Why We Think New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Is Well Worth Watching
Nov 10A Look At The Intrinsic Value Of New Hoong Fatt Holdings Berhad (KLSE:NHFATT)
Nov 24New Hoong Fatt Holdings Berhad's (KLSE:NHFATT) Dividend Will Be Increased To RM0.06
May 02There Are Reasons To Feel Uneasy About New Hoong Fatt Holdings Berhad's (KLSE:NHFATT) Returns On Capital
Dec 29Here's Why New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Can Manage Its Debt Responsibly
May 10What To Know Before Buying New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its Dividend
Apr 12Our Take On The Returns On Capital At New Hoong Fatt Holdings Berhad (KLSE:NHFATT)
Mar 07Does New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Have A Healthy Balance Sheet?
Feb 08Should You Buy New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its 4.7% Dividend?
Jan 12How Much Is New Hoong Fatt Holdings Berhad (KLSE:NHFATT) CEO Getting Paid?
Dec 17
Dividend Investors: Don't Be Too Quick To Buy New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its Upcoming Dividend
Nov 26Financial Position Analysis
Short Term Liabilities: NHFATT's short term assets (MYR210.0M) exceed its short term liabilities (MYR21.9M).
Long Term Liabilities: NHFATT's short term assets (MYR210.0M) exceed its long term liabilities (MYR57.7M).
Debt to Equity History and Analysis
Debt Level: NHFATT is debt free.
Reducing Debt: NHFATT has no debt compared to 5 years ago when its debt to equity ratio was 11.1%.
Debt Coverage: NHFATT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NHFATT has no debt, therefore coverage of interest payments is not a concern.