Hiap Huat Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hiap Huat Holdings Berhad has a total shareholder equity of MYR95.6M and total debt of MYR36.6M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are MYR185.2M and MYR89.6M respectively. Hiap Huat Holdings Berhad's EBIT is MYR10.1M making its interest coverage ratio 4.6. It has cash and short-term investments of MYR16.9M.
Key information
38.3%
Debt to equity ratio
RM 36.57m
Debt
| Interest coverage ratio | 4.6x |
| Cash | RM 16.95m |
| Equity | RM 95.57m |
| Total liabilities | RM 89.64m |
| Total assets | RM 185.21m |
Recent financial health updates
These 4 Measures Indicate That Hiap Huat Holdings Berhad (KLSE:HHHCORP) Is Using Debt Extensively
Aug 07
We Think Hiap Huat Holdings Berhad (KLSE:HHHCORP) Can Stay On Top Of Its Debt
Apr 17We 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 19Recent updates
These 4 Measures Indicate That Hiap Huat Holdings Berhad (KLSE:HHHCORP) Is Using Debt Extensively
Aug 07Benign Growth For Hiap Huat Holdings Berhad (KLSE:HHHCORP) Underpins Its Share Price
May 31Here'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 (MYR48.3M) exceed its short term liabilities (MYR23.3M).
Long Term Liabilities: HHHCORP's short term assets (MYR48.3M) do not cover its long term liabilities (MYR66.3M).
Debt to Equity History and Analysis
Debt Level: HHHCORP's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: HHHCORP's debt to equity ratio has increased from 24.3% to 38.3% over the past 5 years.
Debt Coverage: HHHCORP's debt is well covered by operating cash flow (40.9%).
Interest Coverage: HHHCORP's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hiap Huat Holdings Berhad is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chin Ng | RHB Investment Bank |