Harn Len Corporation Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Harn Len Bhd has a total shareholder equity of MYR322.3M and total debt of MYR32.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are MYR459.1M and MYR136.8M respectively. Harn Len Bhd's EBIT is MYR14.3M making its interest coverage ratio 3.8. It has cash and short-term investments of MYR13.2M.
Key information
9.9%
Debt to equity ratio
RM 32.04m
Debt
| Interest coverage ratio | 3.8x |
| Cash | RM 13.18m |
| Equity | RM 322.32m |
| Total liabilities | RM 136.79m |
| Total assets | RM 459.12m |
Recent financial health updates
Harn Len Corporation Bhd (KLSE:HARNLEN) Seems To Use Debt Quite Sensibly
Dec 10
Is Harn Len Corporation Bhd (KLSE:HARNLEN) Using Too Much Debt?
Jul 01We Think Harn Len Corporation Bhd (KLSE:HARNLEN) Has A Fair Chunk Of Debt
Jan 20Is Harn Len Corporation Bhd (KLSE:HARNLEN) Using Too Much Debt?
Mar 22We Think Harn Len Corporation Bhd (KLSE:HARNLEN) Is Taking Some Risk With Its Debt
Nov 28Recent updates
Market Cool On Harn Len Corporation Bhd's (KLSE:HARNLEN) Revenues Pushing Shares 30% Lower
Dec 12Harn Len Corporation Bhd (KLSE:HARNLEN) Seems To Use Debt Quite Sensibly
Dec 10Is Harn Len Corporation Bhd (KLSE:HARNLEN) Using Too Much Debt?
Jul 01We Think Harn Len Corporation Bhd (KLSE:HARNLEN) Has A Fair Chunk Of Debt
Jan 20Is Harn Len Corporation Bhd (KLSE:HARNLEN) Using Too Much Debt?
Mar 22Harn Len Corporation Bhd (KLSE:HARNLEN): Are Investors Overlooking Returns On Capital?
Jan 28
We're Not Counting On Harn Len Corporation Bhd (KLSE:HARNLEN) To Sustain Its Statutory Profitability
Dec 25We Think Harn Len Corporation Bhd (KLSE:HARNLEN) Is Taking Some Risk With Its Debt
Nov 28Financial Position Analysis
Short Term Liabilities: HARNLEN's short term assets (MYR61.9M) do not cover its short term liabilities (MYR69.9M).
Long Term Liabilities: HARNLEN's short term assets (MYR61.9M) do not cover its long term liabilities (MYR66.9M).
Debt to Equity History and Analysis
Debt Level: HARNLEN's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: HARNLEN's debt to equity ratio has reduced from 39.5% to 9.9% over the past 5 years.
Debt Coverage: HARNLEN's debt is well covered by operating cash flow (89.9%).
Interest Coverage: HARNLEN's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Harn Len Corporation Bhd is covered by 0 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 |
|---|