Hiap Huat Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Hiap Huat Holdings Berhad has a total shareholder equity of MYR92.1M and total debt of MYR20.9M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are MYR128.9M and MYR36.9M respectively. Hiap Huat Holdings Berhad's EBIT is MYR11.1M making its interest coverage ratio 11.7. It has cash and short-term investments of MYR7.3M.
Key information
22.7%
Debt to equity ratio
RM20.90m
Debt
| Interest coverage ratio | 11.7x |
| Cash | RM7.28m |
| Equity | RM92.06m |
| Total liabilities | RM36.85m |
| Total assets | RM128.92m |
Recent financial health updates
We Think Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Stay On Top Of Its Debt
Apr 17
We Think Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Stay On Top Of Its Debt
Dec 22Hiap Huat Holdings Berhad (KLSE:HHHCORP) Has A Somewhat Strained Balance Sheet
Aug 25Is Hiap Huat Holdings Berhad (KLSE:HHHCORP) Using Too Much Debt?
Feb 23Is Hiap Huat Holdings Berhad (KLSE:HHHCORP) A Risky Investment?
Jul 19Here's Why Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Afford Some Debt
Mar 19Recent updates
Here's Why Hiap Huat Holdings Berhad (KLSE:HHHCORP) Has Caught The Eye Of Investors
Jun 03We Think Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Stay On Top Of Its Debt
Apr 17The Return Trends At Hiap Huat Holdings Berhad (KLSE:HHHCORP) Look Promising
Mar 06Is Now The Time To Put Hiap Huat Holdings Berhad (KLSE:HHHCORP) On Your Watchlist?
Feb 07We Think Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Stay On Top Of Its Debt
Dec 22Hiap Huat Holdings Berhad (KLSE:HHHCORP) Is Looking To Continue Growing Its Returns On Capital
Nov 25With EPS Growth And More, Hiap Huat Holdings Berhad (KLSE:HHHCORP) Makes An Interesting Case
Oct 04Hiap Huat Holdings Berhad (KLSE:HHHCORP) Has A Somewhat Strained Balance Sheet
Aug 25We Like These Underlying Return On Capital Trends At Hiap Huat Holdings Berhad (KLSE:HHHCORP)
Jun 29Is Hiap Huat Holdings Berhad (KLSE:HHHCORP) Using Too Much Debt?
Feb 23Hiap Huat Holdings Berhad's (KLSE:HHHCORP) Earnings Are Weaker Than They Seem
Dec 02Is Hiap Huat Holdings Berhad (KLSE:HHHCORP) A Risky Investment?
Jul 19Hiap Huat Holdings Berhad (KLSE:HHHCORP) Shareholders Will Want The ROCE Trajectory To Continue
May 25Here's Why Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Afford Some Debt
Mar 19Calculating The Fair Value Of Hiap Huat Holdings Berhad (KLSE:HHHCORP)
Jan 25Here's Why Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Afford Some Debt
Dec 03Financial Position Analysis
Short Term Liabilities: HHHCORP's short term assets (MYR36.2M) exceed its short term liabilities (MYR7.0M).
Long Term Liabilities: HHHCORP's short term assets (MYR36.2M) exceed its long term liabilities (MYR29.9M).
Debt to Equity History and Analysis
Debt Level: HHHCORP's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: HHHCORP's debt to equity ratio has reduced from 28.3% to 22.7% over the past 5 years.
Debt Coverage: HHHCORP's debt is well covered by operating cash flow (34.9%).
Interest Coverage: HHHCORP's interest payments on its debt are well covered by EBIT (11.7x coverage).