HHRG Berhad Balance Sheet Health
Financial Health criteria checks 5/6
HHRG Berhad has a total shareholder equity of MYR226.6M and total debt of MYR31.2M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are MYR305.2M and MYR78.6M respectively. HHRG Berhad's EBIT is MYR11.0M making its interest coverage ratio 8. It has cash and short-term investments of MYR23.5M.
Key information
13.8%
Debt to equity ratio
RM 31.18m
Debt
| Interest coverage ratio | 8x |
| Cash | RM 23.48m |
| Equity | RM 226.61m |
| Total liabilities | RM 78.55m |
| Total assets | RM 305.16m |
Recent financial health updates
Heng Huat Resources Group Berhad (KLSE:HHGROUP) Could Easily Take On More Debt
Jun 07
Is Heng Huat Resources Group Berhad (KLSE:HHGROUP) Using Debt Sensibly?
Dec 19Would Heng Huat Resources Group Berhad (KLSE:HHGROUP) Be Better Off With Less Debt?
Mar 29Is Heng Huat Resources Group Berhad (KLSE:HHGROUP) Using Debt Sensibly?
Dec 01Recent updates
HHRG Berhad's (KLSE:HHRG) Business And Shares Still Trailing The Market
Dec 03Heng Huat Resources Group Berhad (KLSE:HHGROUP) Could Easily Take On More Debt
Jun 07Heng Huat Resources Group Berhad's (KLSE:HHGROUP) Robust Earnings Are Supported By Other Strong Factors
Mar 07Is Heng Huat Resources Group Berhad (KLSE:HHGROUP) Using Debt Sensibly?
Dec 19Estimating The Intrinsic Value Of Heng Huat Resources Group Berhad (KLSE:HHGROUP)
Sep 05Would Heng Huat Resources Group Berhad (KLSE:HHGROUP) Be Better Off With Less Debt?
Mar 29Estimating The Fair Value Of Heng Huat Resources Group Berhad (KLSE:HHGROUP)
Feb 04Is Heng Huat Resources Group Berhad (KLSE:HHGROUP) Using Debt Sensibly?
Dec 01Financial Position Analysis
Short Term Liabilities: HHRG's short term assets (MYR92.5M) exceed its short term liabilities (MYR57.1M).
Long Term Liabilities: HHRG's short term assets (MYR92.5M) exceed its long term liabilities (MYR21.4M).
Debt to Equity History and Analysis
Debt Level: HHRG's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: HHRG's debt to equity ratio has reduced from 59.5% to 13.8% over the past 5 years.
Debt Coverage: HHRG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HHRG's interest payments on its debt are well covered by EBIT (8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:14 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
HHRG Berhad is covered by 3 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 |
|---|---|
| Joe Shen Lum | Kenanga Research |
| Michael Kokalari | Maybank Research Pte. Ltd. |
| Swee Tyng Chin | TA Securities Holdings Berhad |