HE Group Berhad Balance Sheet Health

Financial Health criteria checks 5/6

HE Group Berhad has a total shareholder equity of MYR58.5M and total debt of MYR1.3M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are MYR130.2M and MYR71.6M respectively. HE Group Berhad's EBIT is MYR17.8M making its interest coverage ratio -19.4. It has cash and short-term investments of MYR44.4M.

Key information

2.2%

Debt to equity ratio

RM 1.26m

Debt

Interest coverage ratio	-19.4x
Cash	RM 44.36m
Equity	RM 58.53m
Total liabilities	RM 71.65m
Total assets	RM 130.17m

Recent financial health updates

No updates

Recent updates

HE Group Berhad (KLSE:HEGROUP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 25

HE Group Berhad (KLSE:HEGROUP) May Have Run Too Fast Too Soon With Recent 32% Price Plummet

Aug 06

Earnings Not Telling The Story For HE Group Berhad (KLSE:HEGROUP) After Shares Rise 29%

Jun 22

Not Many Are Piling Into HE Group Berhad (KLSE:HEGROUP) Just Yet

May 07

Financial Position Analysis

Short Term Liabilities: HEGROUP's short term assets (MYR124.7M) exceed its short term liabilities (MYR69.4M).

Long Term Liabilities: HEGROUP's short term assets (MYR124.7M) exceed its long term liabilities (MYR2.2M).

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 (385%).

Interest Coverage: HEGROUP earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/28 05:46
End of Day Share Price	2025/01/28 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

HE Group Berhad is covered by 1 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
Siao Lee	Public Investment Bank Berhad