Hwa Tai Industries Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Hwa Tai Industries Berhad has a total shareholder equity of MYR26.7M and total debt of MYR35.2M, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are MYR96.6M and MYR69.9M respectively.
Key information
132.0%
Debt to equity ratio
RM35.22m
Debt
| Interest coverage ratio | n/a |
| Cash | RM7.61m |
| Equity | RM26.68m |
| Total liabilities | RM69.92m |
| Total assets | RM96.60m |
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 (MYR52.9M) do not cover its short term liabilities (MYR54.5M).
Long Term Liabilities: HWATAI's short term assets (MYR52.9M) exceed its long term liabilities (MYR15.4M).
Debt to Equity History and Analysis
Debt Level: HWATAI's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: HWATAI's debt to equity ratio has increased from 56.8% to 132% 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: HWATAI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HWATAI has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 7.7% each year.