Ni Hsin Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Ni Hsin Group Berhad has a total shareholder equity of MYR90.4M and total debt of MYR6.6M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are MYR107.5M and MYR17.1M respectively.
Key information
7.3%
Debt to equity ratio
RM6.63m
Debt
| Interest coverage ratio | n/a |
| Cash | RM15.14m |
| Equity | RM90.36m |
| Total liabilities | RM17.11m |
| Total assets | RM107.47m |
Recent financial health updates
Health Check: How Prudently Does Ni Hsin Group Berhad (KLSE:NIHSIN) Use Debt?
Jun 02
Is 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 30Recent updates
Health 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 (MYR39.9M) exceed its short term liabilities (MYR5.1M).
Long Term Liabilities: NIHSIN's short term assets (MYR39.9M) exceed its long term liabilities (MYR12.0M).
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 7.3% 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 3 years based on its current free cash flow.
Forecast Cash Runway: NIHSIN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 11.9% each year