Chin Hin Group Property Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Chin Hin Group Property Berhad has a total shareholder equity of MYR357.3M and total debt of MYR427.2M, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are MYR1.2B and MYR877.0M respectively. Chin Hin Group Property Berhad's EBIT is MYR22.1M making its interest coverage ratio 2.2. It has cash and short-term investments of MYR102.0M.
Key information
119.6%
Debt to equity ratio
RM427.17m
Debt
| Interest coverage ratio | 2.2x |
| Cash | RM101.97m |
| Equity | RM357.25m |
| Total liabilities | RM877.05m |
| Total assets | RM1.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CHGP's short term assets (MYR1.0B) exceed its short term liabilities (MYR574.4M).
Long Term Liabilities: CHGP's short term assets (MYR1.0B) exceed its long term liabilities (MYR302.7M).
Debt to Equity History and Analysis
Debt Level: CHGP's net debt to equity ratio (91%) is considered high.
Reducing Debt: CHGP's debt to equity ratio has increased from 18% to 119.6% over the past 5 years.
Debt Coverage: CHGP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHGP's interest payments on its debt are not well covered by EBIT (2.2x coverage).