Hiap Huat Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hiap Huat Holdings Berhad has a total shareholder equity of MYR92.0M and total debt of MYR24.7M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are MYR167.7M and MYR75.6M respectively. Hiap Huat Holdings Berhad's EBIT is MYR11.7M making its interest coverage ratio 7.3. It has cash and short-term investments of MYR13.9M.
Key information
26.8%
Debt to equity ratio
RM 24.69m
Debt
| Interest coverage ratio | 7.3x |
| Cash | RM 13.90m |
| Equity | RM 92.04m |
| Total liabilities | RM 75.61m |
| Total assets | RM 167.65m |
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 (MYR39.3M) exceed its short term liabilities (MYR10.9M).
Long Term Liabilities: HHHCORP's short term assets (MYR39.3M) do not cover its long term liabilities (MYR64.7M).
Debt to Equity History and Analysis
Debt Level: HHHCORP's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: HHHCORP's debt to equity ratio has increased from 25.5% to 26.8% over the past 5 years.
Debt Coverage: HHHCORP's debt is well covered by operating cash flow (62.4%).
Interest Coverage: HHHCORP's interest payments on its debt are well covered by EBIT (7.3x coverage).