Ho Wah Genting Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ho Wah Genting Berhad has a total shareholder equity of MYR90.0M and total debt of MYR16.2M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are MYR138.6M and MYR48.6M respectively. Ho Wah Genting Berhad's EBIT is MYR6.0M making its interest coverage ratio 4.2. It has cash and short-term investments of MYR14.0M.
Key information
18.0%
Debt to equity ratio
RM 16.21m
Debt
| Interest coverage ratio | 4.2x |
| Cash | RM 13.97m |
| Equity | RM 90.03m |
| Total liabilities | RM 48.58m |
| Total assets | RM 138.61m |
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 (MYR97.8M) exceed its short term liabilities (MYR35.9M).
Long Term Liabilities: HWGB's short term assets (MYR97.8M) exceed its long term liabilities (MYR12.7M).
Debt to Equity History and Analysis
Debt Level: HWGB's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: HWGB's debt to equity ratio has reduced from 59.8% to 18% over the past 5 years.
Debt Coverage: HWGB's debt is well covered by operating cash flow (31.8%).
Interest Coverage: HWGB's interest payments on its debt are well covered by EBIT (4.2x coverage).