SHH Resources Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SHH Resources Holdings Berhad has a total shareholder equity of MYR81.7M and total debt of MYR9.0M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are MYR102.5M and MYR20.8M respectively. SHH Resources Holdings Berhad's EBIT is MYR5.5M making its interest coverage ratio 32.1. It has cash and short-term investments of MYR32.2M.
Key information
11.0%
Debt to equity ratio
RM 9.01m
Debt
| Interest coverage ratio | 32.1x |
| Cash | RM 32.20m |
| Equity | RM 81.66m |
| Total liabilities | RM 20.79m |
| Total assets | RM 102.45m |
Recent financial health updates
We Think SHH Resources Holdings Berhad (KLSE:SHH) Can Stay On Top Of Its Debt
Aug 01
SHH Resources Holdings Berhad (KLSE:SHH) Seems To Use Debt Quite Sensibly
Nov 14Is 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 12Recent updates
We Think SHH Resources Holdings Berhad (KLSE:SHH) Can Stay On Top Of Its Debt
Aug 01Investor 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 (MYR59.7M) exceed its short term liabilities (MYR16.0M).
Long Term Liabilities: SHH's short term assets (MYR59.7M) exceed its long term liabilities (MYR4.8M).
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 11% over the past 5 years.
Debt Coverage: SHH's debt is well covered by operating cash flow (58.4%).
Interest Coverage: SHH's interest payments on its debt are well covered by EBIT (32.1x coverage).