SHH Resources Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SHH Resources Holdings Berhad has a total shareholder equity of MYR80.7M and total debt of MYR8.3M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are MYR104.1M and MYR23.4M respectively. SHH Resources Holdings Berhad's EBIT is MYR4.2M making its interest coverage ratio 20.1. It has cash and short-term investments of MYR33.8M.
Key information
10.2%
Debt to equity ratio
RM8.26m
Debt
| Interest coverage ratio | 20.1x |
| Cash | RM33.84m |
| Equity | RM80.69m |
| Total liabilities | RM23.41m |
| Total assets | RM104.10m |
Recent financial health updates
SHH Resources Holdings Berhad (KLSE:SHH) Seems To Use Debt Quite Sensibly
Nov 14
Is SHH Resources Holdings Berhad (KLSE:SHH) A Risky Investment?
Aug 11Does SHH Resources Holdings Berhad (KLSE:SHH) Have A Healthy Balance Sheet?
Apr 27Is SHH Resources Holdings Berhad (KLSE:SHH) A Risky Investment?
Jun 28Here's Why SHH Resources Holdings Berhad (KLSE:SHH) Can Manage Its Debt Responsibly
May 12Is SHH Resources Holdings Berhad (KLSE:SHH) Using Too Much Debt?
Jan 01Recent updates
Investor Optimism Abounds SHH Resources Holdings Berhad (KLSE:SHH) But Growth Is Lacking
Apr 24Returns Are Gaining Momentum At SHH Resources Holdings Berhad (KLSE:SHH)
Feb 21SHH Resources Holdings Berhad (KLSE:SHH) Seems To Use Debt Quite Sensibly
Nov 14SHH Resources Holdings Berhad (KLSE:SHH) Is Experiencing Growth In Returns On Capital
Oct 05Is SHH Resources Holdings Berhad (KLSE:SHH) A Risky Investment?
Aug 11Does SHH Resources Holdings Berhad (KLSE:SHH) Have A Healthy Balance Sheet?
Apr 27SHH Resources Holdings Berhad's (KLSE:SHH) Strong Earnings Are Of Good Quality
Feb 28SHH Resources Holdings Berhad (KLSE:SHH) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Sep 18Estimating The Fair Value Of SHH Resources Holdings Berhad (KLSE:SHH)
Aug 24Is SHH Resources Holdings Berhad (KLSE:SHH) A Risky Investment?
Jun 28SHH Resources Holdings Berhad (KLSE:SHH) May Have Issues Allocating Its Capital
Jan 12Here's Why SHH Resources Holdings Berhad (KLSE:SHH) Can Manage Its Debt Responsibly
May 12Is SHH Resources Holdings Berhad (KLSE:SHH) Struggling?
Mar 01Is SHH Resources Holdings Berhad (KLSE:SHH) Using Too Much Debt?
Jan 01Financial Position Analysis
Short Term Liabilities: SHH's short term assets (MYR60.7M) exceed its short term liabilities (MYR18.3M).
Long Term Liabilities: SHH's short term assets (MYR60.7M) exceed its long term liabilities (MYR5.1M).
Debt to Equity History and Analysis
Debt Level: SHH has more cash than its total debt.
Reducing Debt: SHH's debt to equity ratio has reduced from 11.7% to 10.2% over the past 5 years.
Debt Coverage: SHH's debt is well covered by operating cash flow (128.1%).
Interest Coverage: SHH's interest payments on its debt are well covered by EBIT (20.1x coverage).