Kein Hing International Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Kein Hing International Berhad has a total shareholder equity of MYR187.5M and total debt of MYR47.3M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are MYR286.0M and MYR98.5M respectively. Kein Hing International Berhad's EBIT is MYR19.6M making its interest coverage ratio 6.4. It has cash and short-term investments of MYR82.5M.
Key information
25.2%
Debt to equity ratio
RM47.26m
Debt
| Interest coverage ratio | 6.4x |
| Cash | RM82.46m |
| Equity | RM187.49m |
| Total liabilities | RM98.49m |
| Total assets | RM285.98m |
Recent financial health updates
These 4 Measures Indicate That Kein Hing International Berhad (KLSE:KEINHIN) Is Using Debt Safely
Dec 15
Kein Hing International Berhad (KLSE:KEINHIN) Could Easily Take On More Debt
Jul 08These 4 Measures Indicate That Kein Hing International Berhad (KLSE:KEINHIN) Is Using Debt Safely
Jan 12Kein Hing International Berhad (KLSE:KEINHIN) Has A Rock Solid Balance Sheet
May 04Here's Why Kein Hing International Berhad (KLSE:KEINHIN) Can Manage Its Debt Responsibly
Jan 10Recent updates
Kein Hing International Berhad's (KLSE:KEINHIN) Anemic Earnings Might Be Worse Than You Think
Dec 25Is Now The Time To Put Kein Hing International Berhad (KLSE:KEINHIN) On Your Watchlist?
Jun 27Investors Should Be Encouraged By Kein Hing International Berhad's (KLSE:KEINHIN) Returns On Capital
Mar 01With EPS Growth And More, Kein Hing International Berhad (KLSE:KEINHIN) Makes An Interesting Case
Jan 05These 4 Measures Indicate That Kein Hing International Berhad (KLSE:KEINHIN) Is Using Debt Safely
Dec 15We Ran A Stock Scan For Earnings Growth And Kein Hing International Berhad (KLSE:KEINHIN) Passed With Ease
Sep 13Kein Hing International Berhad (KLSE:KEINHIN) Could Easily Take On More Debt
Jul 08Here's Why I Think Kein Hing International Berhad (KLSE:KEINHIN) Might Deserve Your Attention Today
Mar 08These 4 Measures Indicate That Kein Hing International Berhad (KLSE:KEINHIN) Is Using Debt Safely
Jan 12Kein Hing International Berhad (KLSE:KEINHIN) Has Some Difficulty Using Its Capital Effectively
Dec 13Kein Hing International Berhad (KLSE:KEINHIN) Has More To Do To Multiply In Value Going Forward
Sep 14Is Now The Time To Put Kein Hing International Berhad (KLSE:KEINHIN) On Your Watchlist?
Jul 13Kein Hing International Berhad (KLSE:KEINHIN) May Have Issues Allocating Its Capital
May 30Kein Hing International Berhad (KLSE:KEINHIN) Has A Rock Solid Balance Sheet
May 04Here's Why We Think Kein Hing International Berhad (KLSE:KEINHIN) Is Well Worth Watching
Mar 27Is Kein Hing International Berhad (KLSE:KEINHIN) Struggling?
Feb 07Here's Why Kein Hing International Berhad (KLSE:KEINHIN) Can Manage Its Debt Responsibly
Jan 10How Is Kein Hing International Berhad's (KLSE:KEINHIN) CEO Compensated?
Dec 20
Are Kein Hing International Berhad's (KLSE:KEINHIN) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 29Financial Position Analysis
Short Term Liabilities: KEINHIN's short term assets (MYR161.8M) exceed its short term liabilities (MYR69.0M).
Long Term Liabilities: KEINHIN's short term assets (MYR161.8M) exceed its long term liabilities (MYR29.5M).
Debt to Equity History and Analysis
Debt Level: KEINHIN has more cash than its total debt.
Reducing Debt: KEINHIN's debt to equity ratio has reduced from 43.4% to 25.2% over the past 5 years.
Debt Coverage: KEINHIN's debt is well covered by operating cash flow (98.5%).
Interest Coverage: KEINHIN's interest payments on its debt are well covered by EBIT (6.4x coverage).