Ni Hsin Group Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Ni Hsin Group Berhad has a total shareholder equity of MYR85.9M and total debt of MYR9.6M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are MYR109.5M and MYR23.6M respectively.

Key information

11.1%

Debt to equity ratio

RM 9.56m

Debt

Interest coverage ration/a
CashRM 11.21m
EquityRM 85.89m
Total liabilitiesRM 23.64m
Total assetsRM 109.53m

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 (MYR40.5M) exceed its short term liabilities (MYR10.2M).

Long Term Liabilities: NIHSIN's short term assets (MYR40.5M) exceed its long term liabilities (MYR13.4M).


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 1.4% to 11.1% 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 1.2 years if free cash flow continues to reduce at historical rates of 10% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 10:34
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Ni Hsin Group Berhad is covered by 0 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.

AnalystInstitution