Harrisons Holdings (Malaysia) Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Harrisons Holdings (Malaysia) Berhad has a total shareholder equity of MYR455.1M and total debt of MYR198.2M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are MYR924.1M and MYR469.0M respectively. Harrisons Holdings (Malaysia) Berhad's EBIT is MYR75.7M making its interest coverage ratio 14.2. It has cash and short-term investments of MYR140.7M.
Key information
43.5%
Debt to equity ratio
RM 198.19m
Debt
| Interest coverage ratio | 14.2x |
| Cash | RM 140.68m |
| Equity | RM 455.13m |
| Total liabilities | RM 468.99m |
| Total assets | RM 924.12m |
Recent financial health updates
Is Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Using Too Much Debt?
Sep 01
Does Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Have A Healthy Balance Sheet?
May 25Is Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) A Risky Investment?
Feb 10
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON)
Sep 02Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Paying Out A Dividend Of MYR0.50
Jun 19Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Paying Out A Dividend Of MYR0.50
May 01Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Increasing Its Dividend To MYR0.50
Jun 01Harrisons Holdings (Malaysia) Berhad's (KLSE:HARISON) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 30Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Increasing Its Dividend To MYR0.30
Jul 14Harrisons Holdings (Malaysia) Berhad's (KLSE:HARISON) Dividend Will Be Increased To RM0.30
Jun 30Is Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Using Too Much Debt?
Sep 01Does Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Have A Healthy Balance Sheet?
May 25Why Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Should Be In Your Dividend Portfolio
Apr 16Returns At Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Are On The Way Up
Mar 29With EPS Growth And More, Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Interesting
Mar 14Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 26Is Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) A Risky Investment?
Feb 10Shareholders Of Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Must Be Happy With Their 71% Return
Jan 26Here's How We Evaluate Harrisons Holdings (Malaysia) Berhad's (KLSE:HARISON) Dividend
Jan 11Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Is Growing Earnings But Are They A Good Guide?
Dec 28Does Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Deserve A Spot On Your Watchlist?
Dec 10Is Harrisons Holdings (Malaysia) Berhad (KLSE:HARISON) Likely To Turn Things Around?
Nov 25Financial Position Analysis
Short Term Liabilities: HARISON's short term assets (MYR762.5M) exceed its short term liabilities (MYR410.3M).
Long Term Liabilities: HARISON's short term assets (MYR762.5M) exceed its long term liabilities (MYR58.7M).
Debt to Equity History and Analysis
Debt Level: HARISON's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: HARISON's debt to equity ratio has reduced from 57.7% to 43.5% over the past 5 years.
Debt Coverage: HARISON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HARISON's interest payments on its debt are well covered by EBIT (14.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 18:13 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harrisons Holdings (Malaysia) Berhad is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chek Foo | CGS International |
| Jia Lim | RHB Investment Bank |