Chuan Huat Resources Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Chuan Huat Resources Berhad has a total shareholder equity of MYR324.7M and total debt of MYR244.4M, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are MYR638.4M and MYR313.7M respectively. Chuan Huat Resources Berhad's EBIT is MYR8.4M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR29.0M.
Key information
75.3%
Debt to equity ratio
RM 244.36m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM 28.99m |
| Equity | RM 324.67m |
| Total liabilities | RM 313.72m |
| Total assets | RM 638.38m |
Recent financial health updates
Does Chuan Huat Resources Berhad (KLSE:CHUAN) Have A Healthy Balance Sheet?
Oct 29
Chuan Huat Resources Berhad (KLSE:CHUAN) Use Of Debt Could Be Considered Risky
Jun 20Is Chuan Huat Resources Berhad (KLSE:CHUAN) Using Too Much Debt?
Aug 03We Think Chuan Huat Resources Berhad (KLSE:CHUAN) Can Stay On Top Of Its Debt
Apr 10Does Chuan Huat Resources Berhad (KLSE:CHUAN) Have A Healthy Balance Sheet?
Nov 26We Think Chuan Huat Resources Berhad (KLSE:CHUAN) Is Taking Some Risk With Its Debt
Aug 26Recent updates
Does Chuan Huat Resources Berhad (KLSE:CHUAN) Have A Healthy Balance Sheet?
Oct 29Chuan Huat Resources Berhad (KLSE:CHUAN) Use Of Debt Could Be Considered Risky
Jun 20Is Chuan Huat Resources Berhad (KLSE:CHUAN) Using Too Much Debt?
Aug 03Here's Why We Think Chuan Huat Resources Berhad (KLSE:CHUAN) Might Deserve Your Attention Today
Jun 17We Think Chuan Huat Resources Berhad (KLSE:CHUAN) Can Stay On Top Of Its Debt
Apr 10Returns Are Gaining Momentum At Chuan Huat Resources Berhad (KLSE:CHUAN)
Feb 15Does Chuan Huat Resources Berhad (KLSE:CHUAN) Have A Healthy Balance Sheet?
Nov 26We Think Chuan Huat Resources Berhad (KLSE:CHUAN) Is Taking Some Risk With Its Debt
Aug 26Chuan Huat Resources Berhad (KLSE:CHUAN) Might Have The Makings Of A Multi-Bagger
Jun 28Is Chuan Huat Resources Berhad (KLSE:CHUAN) Using Too Much Debt?
May 03Is Chuan Huat Resources Berhad (KLSE:CHUAN) Headed For Trouble?
Mar 11Is Chuan Huat Resources Berhad (KLSE:CHUAN) A Risky Investment?
Jan 17These Metrics Don't Make Chuan Huat Resources Berhad (KLSE:CHUAN) Look Too Strong
Nov 25
Financial Position Analysis
Short Term Liabilities: CHUAN's short term assets (MYR323.7M) exceed its short term liabilities (MYR257.5M).
Long Term Liabilities: CHUAN's short term assets (MYR323.7M) exceed its long term liabilities (MYR56.2M).
Debt to Equity History and Analysis
Debt Level: CHUAN's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: CHUAN's debt to equity ratio has reduced from 78.6% to 75.3% over the past 5 years.
Debt Coverage: CHUAN's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: CHUAN's interest payments on its debt are not well covered by EBIT (0.7x coverage).