Hong Leong Industries Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Hong Leong Industries Berhad has a total shareholder equity of MYR2.4B and total debt of MYR10.8M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR3.0B and MYR544.7M respectively. Hong Leong Industries Berhad's EBIT is MYR637.4M making its interest coverage ratio -9.7. It has cash and short-term investments of MYR1.9B.
Key information
0.4%
Debt to equity ratio
RM 10.82m
Debt
| Interest coverage ratio | -9.7x |
| Cash | RM 1.91b |
| Equity | RM 2.45b |
| Total liabilities | RM 544.71m |
| Total assets | RM 2.99b |
Recent financial health updates
Hong Leong Industries Berhad (KLSE:HLIND) Seems To Use Debt Rather Sparingly
Jan 08
Is Hong Leong Industries Berhad (KLSE:HLIND) Using Too Much Debt?
Mar 06Hong Leong Industries Berhad (KLSE:HLIND) Seems To Use Debt Rather Sparingly
Nov 22Recent updates
Hong Leong Industries Berhad (KLSE:HLIND) Seems To Use Debt Rather Sparingly
Jan 08Does Hong Leong Industries Berhad (KLSE:HLIND) Deserve A Spot On Your Watchlist?
Sep 23Hong Leong Industries Berhad's (KLSE:HLIND) Solid Earnings Have Been Accounted For Conservatively
Sep 02Benign Growth For Hong Leong Industries Berhad (KLSE:HLIND) Underpins Its Share Price
Aug 27Hong Leong Industries Berhad's (KLSE:HLIND) Dividend Will Be MYR0.37
Jun 02Hong Leong Industries Berhad (KLSE:HLIND) Is Reinvesting To Multiply In Value
May 22Hong Leong Industries Berhad's (KLSE:HLIND) Shares Lagging The Market But So Is The Business
Feb 23Hong Leong Industries Berhad's (KLSE:HLIND) Shareholders Will Receive A Bigger Dividend Than Last Year
May 21Hong Leong Industries Berhad (KLSE:HLIND) Is Increasing Its Dividend To MYR0.20
Nov 27Hong Leong Industries Berhad (KLSE:HLIND) Will Pay A Dividend Of RM0.35
May 27Here's What To Make Of Hong Leong Industries Berhad's (KLSE:HLIND) Decelerating Rates Of Return
May 24Hong Leong Industries Berhad (KLSE:HLIND) Is Yielding 4.5% - But Is It A Buy?
Mar 24Is Hong Leong Industries Berhad (KLSE:HLIND) Using Too Much Debt?
Mar 06Should We Be Excited About The Trends Of Returns At Hong Leong Industries Berhad (KLSE:HLIND)?
Feb 16
We Think Hong Leong Industries Berhad's (KLSE:HLIND) Statutory Profit Might Understate Its Earnings Potential
Feb 01Hong Leong Industries Berhad (KLSE:HLIND) Has Compensated Shareholders With A Respectable 79% Return On Their Investment
Jan 17Hong Leong Industries Berhad's (KLSE:HLIND) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 02Is Hong Leong Industries Berhad (KLSE:HLIND) A Smart Pick For Income Investors?
Dec 18Is It Worth Considering Hong Leong Industries Berhad (KLSE:HLIND) For Its Upcoming Dividend?
Dec 03Hong Leong Industries Berhad (KLSE:HLIND) Seems To Use Debt Rather Sparingly
Nov 22Financial Position Analysis
Short Term Liabilities: HLIND's short term assets (MYR2.5B) exceed its short term liabilities (MYR510.7M).
Long Term Liabilities: HLIND's short term assets (MYR2.5B) exceed its long term liabilities (MYR34.0M).
Debt to Equity History and Analysis
Debt Level: HLIND has more cash than its total debt.
Reducing Debt: HLIND's debt to equity ratio has reduced from 2.1% to 0.4% over the past 5 years.
Debt Coverage: HLIND's debt is well covered by operating cash flow (6178.9%).
Interest Coverage: HLIND 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 | 2025/01/31 14:25 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hong Leong Industries Berhad is covered by 5 analysts. 1 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 |
|---|---|
| Min-Tze Chua | Kenanga Research |
| Wan Mustaqim Bin Wan Ab Aziz | Kenanga Research |
| Chee Yoon Yew | Maybank Research Pte. Ltd. |