Chuan Huat Resources Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Chuan Huat Resources Berhad has a total shareholder equity of MYR329.1M and total debt of MYR283.2M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are MYR680.2M and MYR351.2M respectively. Chuan Huat Resources Berhad's EBIT is MYR9.1M making its interest coverage ratio 0.7. It has cash and short-term investments of MYR27.2M.
Key information
86.1%
Debt to equity ratio
RM283.21m
Debt
| Interest coverage ratio | 0.7x |
| Cash | RM27.15m |
| Equity | RM329.07m |
| Total liabilities | RM351.17m |
| Total assets | RM680.24m |
Recent financial health updates
Chuan Huat Resources Berhad (KLSE:CHUAN) Use Of Debt Could Be Considered Risky
Jun 20
Is 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 26Is Chuan Huat Resources Berhad (KLSE:CHUAN) Using Too Much Debt?
May 03Recent updates
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 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 (MYR361.4M) exceed its short term liabilities (MYR290.7M).
Long Term Liabilities: CHUAN's short term assets (MYR361.4M) exceed its long term liabilities (MYR60.4M).
Debt to Equity History and Analysis
Debt Level: CHUAN's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: CHUAN's debt to equity ratio has increased from 67.2% to 86.1% over the past 5 years.
Debt Coverage: CHUAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHUAN's interest payments on its debt are not well covered by EBIT (0.7x coverage).