Harrisons Holdings (Malaysia) Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Harrisons Holdings (Malaysia) Berhad has a total shareholder equity of MYR482.1M and total debt of MYR185.7M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are MYR949.2M and MYR467.1M respectively. Harrisons Holdings (Malaysia) Berhad's EBIT is MYR81.9M making its interest coverage ratio 18.6. It has cash and short-term investments of MYR172.5M.
Key information
38.5%
Debt to equity ratio
RM 185.68m
Debt
| Interest coverage ratio | 18.6x |
| Cash | RM 172.45m |
| Equity | RM 482.09m |
| Total liabilities | RM 467.08m |
| Total assets | RM 949.17m |
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 (MYR787.1M) exceed its short term liabilities (MYR407.1M).
Long Term Liabilities: HARISON's short term assets (MYR787.1M) exceed its long term liabilities (MYR60.0M).
Debt to Equity History and Analysis
Debt Level: HARISON's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: HARISON's debt to equity ratio has reduced from 72.9% to 38.5% 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 (18.6x coverage).