Boustead Heavy Industries Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Boustead Heavy Industries Berhad has a total shareholder equity of MYR172.8M and total debt of MYR5.1M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are MYR318.8M and MYR146.0M respectively.
Key information
3.0%
Debt to equity ratio
RM 5.12m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 77.73m |
| Equity | RM 172.76m |
| Total liabilities | RM 146.01m |
| Total assets | RM 318.78m |
Recent financial health updates
Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Debt Sensibly?
Sep 11
Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Too Much Debt?
Jun 12Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Seems To Be Using A Lot Of Debt
Sep 20Does Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Have A Healthy Balance Sheet?
Jun 16Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) A Risky Investment?
Apr 29We Think Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Taking Some Risk With Its Debt
Dec 26
Recent updates
Positive Sentiment Still Eludes Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Following 40% Share Price Slump
Nov 04It's Down 40% But Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Could Be Riskier Than It Looks
Nov 04Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Debt Sensibly?
Sep 11Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Using Too Much Debt?
Jun 12Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Revenues Are Not Doing Enough For Some Investors
Apr 18Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Finding It Tricky To Allocate Its Capital
Feb 21Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Seems To Be Using A Lot Of Debt
Sep 20Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Has Some Way To Go To Become A Multi-Bagger
Aug 16Does Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Have A Healthy Balance Sheet?
Jun 16Is Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) A Risky Investment?
Apr 29Should You Be Impressed By Boustead Heavy Industries Corporation Berhad's (KLSE:BHIC) Returns on Capital?
Mar 06Calculating The Fair Value Of Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)
Jan 30We Think Boustead Heavy Industries Corporation Berhad (KLSE:BHIC) Is Taking Some Risk With Its Debt
Dec 26Are Investors Concerned With What's Going On At Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)?
Nov 21Financial Position Analysis
Short Term Liabilities: BHIC's short term assets (MYR192.0M) exceed its short term liabilities (MYR135.2M).
Long Term Liabilities: BHIC's short term assets (MYR192.0M) exceed its long term liabilities (MYR10.8M).
Debt to Equity History and Analysis
Debt Level: BHIC has more cash than its total debt.
Reducing Debt: BHIC's debt to equity ratio has reduced from 123.1% to 3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BHIC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BHIC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.6% per year.