Kumpulan H & L High-Tech Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Kumpulan H & L High-Tech Berhad has a total shareholder equity of MYR135.7M and total debt of MYR13.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are MYR173.1M and MYR37.4M respectively. Kumpulan H & L High-Tech Berhad's EBIT is MYR6.9M making its interest coverage ratio -39.7. It has cash and short-term investments of MYR41.7M.
Key information
9.7%
Debt to equity ratio
RM13.17m
Debt
| Interest coverage ratio | -39.7x |
| Cash | RM41.73m |
| Equity | RM135.70m |
| Total liabilities | RM37.45m |
| Total assets | RM173.15m |
Recent financial health updates
Does Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Have A Healthy Balance Sheet?
Dec 30
Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Seems To Use Debt Quite Sensibly
Jun 10These 4 Measures Indicate That Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Is Using Debt Reasonably Well
Mar 12Recent updates
We Think Some Shareholders May Hesitate To Increase Kumpulan H & L High-Tech Berhad's (KLSE:HIGHTEC) CEO Compensation
Apr 11Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Is Paying Out A Dividend Of MYR0.01
Jan 31Returns On Capital At Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Paint A Concerning Picture
Jan 04Kumpulan H & L High-Tech Berhad's (KLSE:HIGHTEC) Dividend Will Be MYR0.01
Feb 09The Returns At Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Aren't Growing
Jan 30Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Has Announced That It Will Be Increasing Its Dividend To MYR0.02
Sep 28Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Shareholders Will Want The ROCE Trajectory To Continue
Aug 12Does Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Have A Healthy Balance Sheet?
Dec 30Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Might Have The Makings Of A Multi-Bagger
Dec 01Should You Be Adding Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) To Your Watchlist Today?
Nov 05Estimating The Fair Value Of Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC)
Sep 03Returns At Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Are On The Way Up
Aug 11Kumpulan H & L High-Tech Berhad's (KLSE:HIGHTEC) Promising Earnings May Rest On Soft Foundations
Jul 08Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Seems To Use Debt Quite Sensibly
Jun 10Here's Why Shareholders May Want To Be Cautious With Increasing Kumpulan H & L High-Tech Berhad's (KLSE:HIGHTEC) CEO Pay Packet
Apr 21Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Has More To Do To Multiply In Value Going Forward
Apr 16These 4 Measures Indicate That Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Is Using Debt Reasonably Well
Mar 12Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 05
We're Watching These Trends At Kumpulan H & L High-Tech Berhad (KLSE:HIGHTEC)
Dec 15Financial Position Analysis
Short Term Liabilities: HIGHTEC's short term assets (MYR48.7M) exceed its short term liabilities (MYR5.1M).
Long Term Liabilities: HIGHTEC's short term assets (MYR48.7M) exceed its long term liabilities (MYR32.3M).
Debt to Equity History and Analysis
Debt Level: HIGHTEC has more cash than its total debt.
Reducing Debt: HIGHTEC's debt to equity ratio has increased from 3.5% to 9.7% over the past 5 years.
Debt Coverage: HIGHTEC's debt is well covered by operating cash flow (55.6%).
Interest Coverage: HIGHTEC earns more interest than it pays, so coverage of interest payments is not a concern.