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 MYR420.1M and total debt of MYR555.0M, which brings its debt-to-equity ratio to 132.1%. Its total assets and total liabilities are MYR1.4B and MYR1.0B respectively. Chin Hin Group Property Berhad's EBIT is MYR24.6M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR135.3M.
Key information
132.1%
Debt to equity ratio
RM 555.02m
Debt
| Interest coverage ratio | 1.8x |
| Cash | RM 135.25m |
| Equity | RM 420.14m |
| Total liabilities | RM 1.01b |
| Total assets | RM 1.43b |
Recent financial health updates
No updates
Recent updates
Chin Hin Group Property Berhad's (KLSE:CHGP) Shares May Have Run Too Fast Too Soon
Oct 03
Chin Hin Group Property Berhad's (KLSE:CHGP) Earnings Aren't As Good As They Appear
Sep 11After Leaping 55% Chin Hin Group Property Berhad (KLSE:CHGP) Shares Are Not Flying Under The Radar
Apr 25Chin Hin Group Property Berhad (KLSE:CHGP) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Feb 28Financial Position Analysis
Short Term Liabilities: CHGP's short term assets (MYR1.2B) exceed its short term liabilities (MYR660.8M).
Long Term Liabilities: CHGP's short term assets (MYR1.2B) exceed its long term liabilities (MYR350.0M).
Debt to Equity History and Analysis
Debt Level: CHGP's net debt to equity ratio (99.9%) is considered high.
Reducing Debt: CHGP's debt to equity ratio has increased from 26.5% to 132.1% 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 (1.8x coverage).