HHRG Berhad Balance Sheet Health
Financial Health criteria checks 6/6
HHRG Berhad has a total shareholder equity of MYR204.8M and total debt of MYR35.8M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are MYR266.5M and MYR61.6M respectively. HHRG Berhad's EBIT is MYR22.0M making its interest coverage ratio 16.4. It has cash and short-term investments of MYR65.6M.
Key information
17.5%
Debt to equity ratio
RM35.82m
Debt
Interest coverage ratio | 16.4x |
Cash | RM65.60m |
Equity | RM204.82m |
Total liabilities | RM61.65m |
Total assets | RM266.47m |
Recent financial health updates
Heng Huat Resources Group Berhad (KLSE:HHGROUP) Could Easily Take On More Debt
Jun 07Is 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
Heng 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 (MYR107.1M) exceed its short term liabilities (MYR34.5M).
Long Term Liabilities: HHRG's short term assets (MYR107.1M) exceed its long term liabilities (MYR27.1M).
Debt to Equity History and Analysis
Debt Level: HHRG has more cash than its total debt.
Reducing Debt: HHRG's debt to equity ratio has reduced from 48.6% to 17.5% over the past 5 years.
Debt Coverage: HHRG's debt is well covered by operating cash flow (77.7%).
Interest Coverage: HHRG's interest payments on its debt are well covered by EBIT (16.4x coverage).