Handal Energy Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Handal Energy Berhad has a total shareholder equity of MYR24.6M and total debt of MYR13.9M, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are MYR91.8M and MYR67.1M respectively.
Key information
56.6%
Debt to equity ratio
RM 13.95m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 6.22m |
| Equity | RM 24.62m |
| Total liabilities | RM 67.13m |
| Total assets | RM 91.75m |
Recent financial health updates
Is Handal Energy Berhad (KLSE:HANDAL) Using Debt In A Risky Way?
Sep 02
Is Handal Energy Berhad (KLSE:HANDAL) Using Too Much Debt?
Apr 06Is Handal Energy Berhad (KLSE:HANDAL) A Risky Investment?
Dec 16Here's Why Handal Energy Berhad (KLSE:HANDAL) Can Afford Some Debt
Aug 29We Think Handal Energy Berhad (KLSE:HANDAL) Has A Fair Chunk Of Debt
May 04Would Handal Energy Berhad (KLSE:HANDAL) Be Better Off With Less Debt?
Dec 13Recent updates
Is Handal Energy Berhad (KLSE:HANDAL) Using Debt In A Risky Way?
Sep 02Is Handal Energy Berhad (KLSE:HANDAL) Using Too Much Debt?
Apr 06Is Handal Energy Berhad (KLSE:HANDAL) A Risky Investment?
Dec 16Here's Why Handal Energy Berhad (KLSE:HANDAL) Can Afford Some Debt
Aug 29We Think Handal Energy Berhad (KLSE:HANDAL) Has A Fair Chunk Of Debt
May 04Calculating The Fair Value Of Handal Energy Berhad (KLSE:HANDAL)
Mar 08Would Handal Energy Berhad (KLSE:HANDAL) Be Better Off With Less Debt?
Dec 13Handal Energy Berhad (KLSE:HANDAL) Is Carrying A Fair Bit Of Debt
Aug 27Would Handal Energy Berhad (KLSE:HANDAL) Be Better Off With Less Debt?
May 07How Much Did Handal Energy Berhad's (KLSE:HANDAL) CEO Pocket Last Year?
Jan 22
Is Handal Energy Berhad (KLSE:HANDAL) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: HANDAL's short term assets (MYR31.8M) do not cover its short term liabilities (MYR66.9M).
Long Term Liabilities: HANDAL's short term assets (MYR31.8M) exceed its long term liabilities (MYR252.1K).
Debt to Equity History and Analysis
Debt Level: HANDAL's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: HANDAL's debt to equity ratio has increased from 15.9% to 56.6% 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: HANDAL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HANDAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year