Hengyuan Refining Company Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Hengyuan Refining Company Berhad has a total shareholder equity of MYR1.2B and total debt of MYR1.4B, which brings its debt-to-equity ratio to 124.7%. Its total assets and total liabilities are MYR3.8B and MYR2.6B respectively.
Key information
124.7%
Debt to equity ratio
RM 1.43b
Debt
| Interest coverage ratio | n/a |
| Cash | RM 679.10m |
| Equity | RM 1.15b |
| Total liabilities | RM 2.63b |
| Total assets | RM 3.78b |
Recent financial health updates
Is Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Using Debt Sensibly?
Apr 07
Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Has Debt But No Earnings; Should You Worry?
Oct 04Is Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Using Too Much Debt?
Dec 04Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Takes On Some Risk With Its Use Of Debt
Aug 23These 4 Measures Indicate That Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Is Using Debt Reasonably Well
Mar 28We Think Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Is Taking Some Risk With Its Debt
Dec 28Recent updates
Is Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Using Debt Sensibly?
Apr 07Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Has Debt But No Earnings; Should You Worry?
Oct 04Is Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Using Too Much Debt?
Dec 04Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Takes On Some Risk With Its Use Of Debt
Aug 23Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Will Be Hoping To Turn Its Returns On Capital Around
Apr 28The Returns On Capital At Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Don't Inspire Confidence
Sep 27Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Might Be Having Difficulty Using Its Capital Effectively
May 29These 4 Measures Indicate That Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Is Using Debt Reasonably Well
Mar 28Did You Miss Hengyuan Refining Company Berhad's (KLSE:HENGYUAN) 95% Share Price Gain?
Mar 02Returns On Capital - An Important Metric For Hengyuan Refining Company Berhad (KLSE:HENGYUAN)
Feb 08Is Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Popular Amongst Insiders?
Jan 18We Think Hengyuan Refining Company Berhad (KLSE:HENGYUAN) Is Taking Some Risk With Its Debt
Dec 28Should You Use Hengyuan Refining Company Berhad's (KLSE:HENGYUAN) Statutory Earnings To Analyse It?
Dec 07
Hengyuan Refining Company Berhad's(KLSE:HENGYUAN) Share Price Is Down 72% Over The Past Three Years.
Nov 19Financial Position Analysis
Short Term Liabilities: HENGYUAN's short term assets (MYR1.6B) do not cover its short term liabilities (MYR2.3B).
Long Term Liabilities: HENGYUAN's short term assets (MYR1.6B) exceed its long term liabilities (MYR373.9M).
Debt to Equity History and Analysis
Debt Level: HENGYUAN's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: HENGYUAN's debt to equity ratio has increased from 69.3% to 124.7% 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: Whilst unprofitable HENGYUAN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HENGYUAN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/18 01:32 |
| End of Day Share Price | 2025/04/18 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Hengyuan Refining Company Berhad is covered by 4 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.
| Analyst | Institution |
|---|---|
| Muhammad Taufiq | BMA Capital Management Ltd. |
| Ahmad Halim | CFRA Equity Research |
| Mabel Tan | KAF-Seagroatt & Campbell Securities Sdn. Bhd. |