Ho Wah Genting Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ho Wah Genting Berhad has a total shareholder equity of MYR88.2M and total debt of MYR8.6M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are MYR131.6M and MYR43.3M respectively. Ho Wah Genting Berhad's EBIT is MYR5.3M making its interest coverage ratio 3.6. It has cash and short-term investments of MYR11.7M.
Key information
9.8%
Debt to equity ratio
RM8.63m
Debt
| Interest coverage ratio | 3.6x |
| Cash | RM11.67m |
| Equity | RM88.21m |
| Total liabilities | RM43.35m |
| Total assets | RM131.56m |
Recent financial health updates
These 4 Measures Indicate That Ho Wah Genting Berhad (KLSE:HWGB) Is Using Debt Reasonably Well
May 22
Ho 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
Ho 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 (MYR90.4M) exceed its short term liabilities (MYR30.6M).
Long Term Liabilities: HWGB's short term assets (MYR90.4M) exceed its long term liabilities (MYR12.7M).
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 83.9% to 9.8% over the past 5 years.
Debt Coverage: HWGB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HWGB's interest payments on its debt are well covered by EBIT (3.6x coverage).