Hwa Tai Industries Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hwa Tai Industries Berhad has a total shareholder equity of MYR27.6M and total debt of MYR35.3M, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are MYR96.6M and MYR69.0M respectively. Hwa Tai Industries Berhad's EBIT is MYR1.5M making its interest coverage ratio 0.9. It has cash and short-term investments of MYR6.1M.
Key information
128.2%
Debt to equity ratio
RM 35.34m
Debt
| Interest coverage ratio | 0.9x |
| Cash | RM 6.12m |
| Equity | RM 27.56m |
| Total liabilities | RM 69.03m |
| Total assets | RM 96.59m |
Recent financial health updates
Does Hwa Tai Industries Berhad (KLSE:HWATAI) Have A Healthy Balance Sheet?
Nov 08
We Think Hwa Tai Industries Berhad (KLSE:HWATAI) Has A Fair Chunk Of Debt
Dec 08Is Hwa Tai Industries Berhad (KLSE:HWATAI) Using Too Much Debt?
Aug 10Would Hwa Tai Industries Berhad (KLSE:HWATAI) Be Better Off With Less Debt?
Mar 07Does Hwa Tai Industries Berhad (KLSE:HWATAI) Have A Healthy Balance Sheet?
Sep 13These 4 Measures Indicate That Hwa Tai Industries Berhad (KLSE:HWATAI) Is Using Debt Extensively
May 27Recent updates
The Market Lifts Hwa Tai Industries Berhad (KLSE:HWATAI) Shares 43% But It Can Do More
Nov 09Does Hwa Tai Industries Berhad (KLSE:HWATAI) Have A Healthy Balance Sheet?
Nov 08We Think Hwa Tai Industries Berhad (KLSE:HWATAI) Has A Fair Chunk Of Debt
Dec 08Is Hwa Tai Industries Berhad (KLSE:HWATAI) Using Too Much Debt?
Aug 10Would Hwa Tai Industries Berhad (KLSE:HWATAI) Be Better Off With Less Debt?
Mar 07Does Hwa Tai Industries Berhad (KLSE:HWATAI) Have A Healthy Balance Sheet?
Sep 13These 4 Measures Indicate That Hwa Tai Industries Berhad (KLSE:HWATAI) Is Using Debt Extensively
May 27These 4 Measures Indicate That Hwa Tai Industries Berhad (KLSE:HWATAI) Is Using Debt Extensively
Feb 10Can Mixed Fundamentals Have A Negative Impact on Hwa Tai Industries Berhad (KLSE:HWATAI) Current Share Price Momentum?
Dec 17Financial Position Analysis
Short Term Liabilities: HWATAI's short term assets (MYR54.6M) exceed its short term liabilities (MYR53.1M).
Long Term Liabilities: HWATAI's short term assets (MYR54.6M) exceed its long term liabilities (MYR15.9M).
Debt to Equity History and Analysis
Debt Level: HWATAI's net debt to equity ratio (106%) is considered high.
Reducing Debt: HWATAI's debt to equity ratio has increased from 72.8% to 128.2% 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 HWATAI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HWATAI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:42 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 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
Hwa Tai Industries Berhad 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 |
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