Haily Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Haily Group Berhad has a total shareholder equity of MYR87.4M and total debt of MYR4.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are MYR186.9M and MYR99.5M respectively. Haily Group Berhad's EBIT is MYR9.8M making its interest coverage ratio 18.7. It has cash and short-term investments of MYR8.0M.
Key information
4.6%
Debt to equity ratio
RM 4.05m
Debt
| Interest coverage ratio | 18.7x |
| Cash | RM 7.97m |
| Equity | RM 87.45m |
| Total liabilities | RM 99.46m |
| Total assets | RM 186.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HAILY's short term assets (MYR175.6M) exceed its short term liabilities (MYR97.2M).
Long Term Liabilities: HAILY's short term assets (MYR175.6M) exceed its long term liabilities (MYR2.3M).
Debt to Equity History and Analysis
Debt Level: HAILY has more cash than its total debt.
Reducing Debt: HAILY's debt to equity ratio has increased from 3.8% to 4.6% over the past 5 years.
Debt Coverage: HAILY's debt is well covered by operating cash flow (246.5%).
Interest Coverage: HAILY's interest payments on its debt are well covered by EBIT (18.7x coverage).