Hextar Industries Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Hextar Industries Berhad has a total shareholder equity of MYR316.9M and total debt of MYR240.4M, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are MYR759.5M and MYR442.6M respectively. Hextar Industries Berhad's EBIT is MYR49.4M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR89.7M.
Key information
75.9%
Debt to equity ratio
RM240.41m
Debt
Interest coverage ratio | 3.5x |
Cash | RM89.74m |
Equity | RM316.88m |
Total liabilities | RM442.60m |
Total assets | RM759.48m |
Recent financial health updates
Hextar Industries Berhad (KLSE:HEXIND) Has A Pretty Healthy Balance Sheet
Nov 01These 4 Measures Indicate That Hextar Industries Berhad (KLSE:HEXIND) Is Using Debt Reasonably Well
Feb 15Here's Why Hextar Industries Berhad (KLSE:HEXIND) Has A Meaningful Debt Burden
Sep 28Here's Why Hextar Industries Berhad (KLSE:HEXIND) Has A Meaningful Debt Burden
Jun 11These 4 Measures Indicate That SCH Group Berhad (KLSE:SCH) Is Using Debt Reasonably Well
Feb 25Recent updates
Hextar Industries Berhad's (KLSE:HEXIND) Share Price Not Quite Adding Up
Mar 28Hextar Industries Berhad (KLSE:HEXIND) Is Due To Pay A Dividend Of MYR0.01
Feb 27Hextar Industries Berhad (KLSE:HEXIND) Is Very Good At Capital Allocation
Jun 21Here's Why We Think Hextar Industries Berhad (KLSE:HEXIND) Might Deserve Your Attention Today
May 24Hextar Industries Berhad (KLSE:HEXIND) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Mar 07Hextar Industries Berhad (KLSE:HEXIND) Is Looking To Continue Growing Its Returns On Capital
Mar 01Hextar Industries Berhad (KLSE:HEXIND) Has A Pretty Healthy Balance Sheet
Nov 01Hextar Industries Berhad (KLSE:HEXIND) Shareholders Will Want The ROCE Trajectory To Continue
Oct 04Hextar Industries Berhad (KLSE:HEXIND) Is Experiencing Growth In Returns On Capital
Apr 18These 4 Measures Indicate That Hextar Industries Berhad (KLSE:HEXIND) Is Using Debt Reasonably Well
Feb 15Returns At Hextar Industries Berhad (KLSE:HEXIND) Are On The Way Up
Nov 03Here's Why Hextar Industries Berhad (KLSE:HEXIND) Has A Meaningful Debt Burden
Sep 28Returns On Capital Are Showing Encouraging Signs At Hextar Industries Berhad (KLSE:HEXIND)
Aug 03Here's Why Hextar Industries Berhad (KLSE:HEXIND) Has A Meaningful Debt Burden
Jun 11Some Investors May Be Worried About Hextar Industries Berhad's (KLSE:HEXIND) Returns On Capital
Apr 19These 4 Measures Indicate That SCH Group Berhad (KLSE:SCH) Is Using Debt Reasonably Well
Feb 25Should You Be Impressed By SCH Group Berhad's (KLSE:SCH) Returns on Capital?
Jan 04Financial Position Analysis
Short Term Liabilities: HEXIND's short term assets (MYR547.9M) exceed its short term liabilities (MYR334.5M).
Long Term Liabilities: HEXIND's short term assets (MYR547.9M) exceed its long term liabilities (MYR108.1M).
Debt to Equity History and Analysis
Debt Level: HEXIND's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: HEXIND's debt to equity ratio has reduced from 79.4% to 75.9% over the past 5 years.
Debt Coverage: HEXIND's debt is well covered by operating cash flow (87.2%).
Interest Coverage: HEXIND's interest payments on its debt are well covered by EBIT (3.5x coverage).