Ni Hsin Group Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Ni Hsin Group Berhad has a total shareholder equity of MYR87.4M and total debt of MYR9.1M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are MYR109.1M and MYR21.7M respectively.

Key information

10.4%

Debt to equity ratio

RM 9.11m

Debt

Interest coverage ration/a
CashRM 12.33m
EquityRM 87.38m
Total liabilitiesRM 21.71m
Total assetsRM 109.10m

Recent financial health updates

Recent updates

Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?

Sep 27
Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?

Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?

Jun 12
Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?

Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?

Jun 02
Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?

Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?

Nov 08
Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?

Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?

Jul 25
Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?

We Think Ni Hsin Group Berhad (KLSE:NIHSIN) Can Stay On Top Of Its Debt

Jan 08
We Think Ni Hsin Group Berhad (KLSE:NIHSIN) Can Stay On Top Of Its Debt

Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?

Aug 30
Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?

Ni Hsin Resources Berhad's (KLSE:NIHSIN) Profits Appear To Have Quality Issues

Jun 02
Ni Hsin Resources Berhad's (KLSE:NIHSIN) Profits Appear To Have Quality Issues

Ni Hsin Resources Berhad (KLSE:NIHSIN) Will Be Hoping To Turn Its Returns On Capital Around

May 06
Ni Hsin Resources Berhad (KLSE:NIHSIN) Will Be Hoping To Turn Its Returns On Capital Around

Ni Hsin Resources Berhad's (KLSE:NIHSIN) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 11
Ni Hsin Resources Berhad's (KLSE:NIHSIN) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

We're Watching These Trends At Ni Hsin Resources Berhad (KLSE:NIHSIN)

Nov 19
We're Watching These Trends At Ni Hsin Resources Berhad (KLSE:NIHSIN)

Financial Position Analysis

Short Term Liabilities: NIHSIN's short term assets (MYR43.2M) exceed its short term liabilities (MYR10.1M).

Long Term Liabilities: NIHSIN's short term assets (MYR43.2M) exceed its long term liabilities (MYR11.6M).


Debt to Equity History and Analysis

Debt Level: NIHSIN has more cash than its total debt.

Reducing Debt: NIHSIN's debt to equity ratio has increased from 1.7% to 10.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NIHSIN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NIHSIN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 5.9% each year.


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