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 ratio | n/a |
| Cash | RM 12.33m |
| Equity | RM 87.38m |
| Total liabilities | RM 21.71m |
| Total assets | RM 109.10m |
Recent financial health updates
Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?
Sep 27
Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?
Jun 12Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?
Jun 02Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?
Nov 08Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?
Jul 25We Think Ni Hsin Group Berhad (KLSE:NIHSIN) Can Stay On Top Of Its Debt
Jan 08Recent updates
Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?
Sep 27Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?
Jun 12Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?
Jun 02Is Ni Hsin Group Berhad (KLSE:NIHSIN) A Risky Investment?
Nov 08Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?
Jul 25We Think Ni Hsin Group Berhad (KLSE:NIHSIN) Can Stay On Top Of Its Debt
Jan 08Does Ni Hsin Group Berhad (KLSE:NIHSIN) Have A Healthy Balance Sheet?
Aug 30Ni Hsin Resources Berhad's (KLSE:NIHSIN) Profits Appear To Have Quality Issues
Jun 02Ni Hsin Resources Berhad (KLSE:NIHSIN) Will Be Hoping To Turn Its Returns On Capital Around
May 06Ni Hsin Resources Berhad's (KLSE:NIHSIN) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 11We're Watching These Trends At Ni Hsin Resources Berhad (KLSE:NIHSIN)
Nov 19
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.