HE Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
HE Group Berhad has a total shareholder equity of MYR26.8M and total debt of MYR1.5M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are MYR93.1M and MYR66.3M respectively. HE Group Berhad's EBIT is MYR15.7M making its interest coverage ratio 17.2. It has cash and short-term investments of MYR22.9M.
Key information
5.7%
Debt to equity ratio
RM1.52m
Debt
| Interest coverage ratio | 17.2x |
| Cash | RM22.92m |
| Equity | RM26.80m |
| Total liabilities | RM66.34m |
| Total assets | RM93.14m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HEGROUP's short term assets (MYR88.1M) exceed its short term liabilities (MYR64.0M).
Long Term Liabilities: HEGROUP's short term assets (MYR88.1M) exceed its long term liabilities (MYR2.3M).
Debt to Equity History and Analysis
Debt Level: HEGROUP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HEGROUP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HEGROUP's debt is well covered by operating cash flow (925.3%).
Interest Coverage: HEGROUP's interest payments on its debt are well covered by EBIT (17.2x coverage).