Ho Wah Genting Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ho Wah Genting Berhad has a total shareholder equity of MYR80.9M and total debt of MYR4.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are MYR127.8M and MYR46.9M respectively. Ho Wah Genting Berhad's EBIT is MYR1.3M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR19.8M.
Key information
5.5%
Debt to equity ratio
RM 4.42m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM 19.82m |
| Equity | RM 80.88m |
| Total liabilities | RM 46.91m |
| Total assets | RM 127.79m |
Recent financial health updates
Is Ho Wah Genting Berhad (KLSE:HWGB) A Risky Investment?
Jul 25
These 4 Measures Indicate That Ho Wah Genting Berhad (KLSE:HWGB) Is Using Debt Reasonably Well
May 22Ho Wah Genting Berhad (KLSE:HWGB) Has A Somewhat Strained Balance Sheet
Dec 06Here's Why Ho Wah Genting Berhad (KLSE:HWGB) Can Afford Some Debt
Jul 08Recent updates
Is Ho Wah Genting Berhad (KLSE:HWGB) A Risky Investment?
Jul 25Ho Wah Genting Berhad's (KLSE:HWGB) Shares Bounce 26% But Its Business Still Trails The Industry
Jun 18Ho Wah Genting Berhad (KLSE:HWGB) Is Experiencing Growth In Returns On Capital
Jun 10Ho Wah Genting Berhad (KLSE:HWGB) Is Experiencing Growth In Returns On Capital
Oct 26Many Still Looking Away From Ho Wah Genting Berhad (KLSE:HWGB)
Jul 17These 4 Measures Indicate That Ho Wah Genting Berhad (KLSE:HWGB) Is Using Debt Reasonably Well
May 22Ho Wah Genting Berhad (KLSE:HWGB) Has A Somewhat Strained Balance Sheet
Dec 06Returns Are Gaining Momentum At Ho Wah Genting Berhad (KLSE:HWGB)
Oct 05Here's Why Ho Wah Genting Berhad (KLSE:HWGB) Can Afford Some Debt
Jul 08Financial Position Analysis
Short Term Liabilities: HWGB's short term assets (MYR89.9M) exceed its short term liabilities (MYR34.4M).
Long Term Liabilities: HWGB's short term assets (MYR89.9M) exceed its long term liabilities (MYR12.5M).
Debt to Equity History and Analysis
Debt Level: HWGB has more cash than its total debt.
Reducing Debt: HWGB's debt to equity ratio has reduced from 64.9% to 5.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HWGB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HWGB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.2% per year.