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).