MHC Plantations Bhd Balance Sheet Health
Financial Health criteria checks 6/6
MHC Plantations Bhd has a total shareholder equity of MYR613.0M and total debt of MYR26.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are MYR737.6M and MYR124.6M respectively. MHC Plantations Bhd's EBIT is MYR50.3M making its interest coverage ratio 23.4. It has cash and short-term investments of MYR114.5M.
Key information
4.2%
Debt to equity ratio
RM26.01m
Debt
Interest coverage ratio | 23.4x |
Cash | RM114.48m |
Equity | RM613.03m |
Total liabilities | RM124.62m |
Total assets | RM737.65m |
Recent financial health updates
We Think MHC Plantations Bhd (KLSE:MHC) Can Stay On Top Of Its Debt
Mar 01These 4 Measures Indicate That MHC Plantations Bhd (KLSE:MHC) Is Using Debt Reasonably Well
Dec 01Recent updates
MHC Plantations Bhd (KLSE:MHC) Has Affirmed Its Dividend Of MYR0.06
Apr 03Here's Why We Think MHC Plantations Bhd (KLSE:MHC) Might Deserve Your Attention Today
Jun 15Returns On Capital Are Showing Encouraging Signs At MHC Plantations Bhd (KLSE:MHC)
Apr 08MHC Plantations Bhd's (KLSE:MHC) Strong Earnings Are Of Good Quality
Mar 03Here's Why I Think MHC Plantations Bhd (KLSE:MHC) Might Deserve Your Attention Today
Feb 28Here's Why I Think MHC Plantations Bhd (KLSE:MHC) Is An Interesting Stock
Oct 05MHC Plantations Bhd's (KLSE:MHC) Returns On Capital Are Heading Higher
Sep 09MHC Plantations Bhd (KLSE:MHC) Is Looking To Continue Growing Its Returns On Capital
May 24Is MHC Plantations Bhd (KLSE:MHC) A Smart Pick For Income Investors?
Apr 06We Think MHC Plantations Bhd (KLSE:MHC) Can Stay On Top Of Its Debt
Mar 01Will MHC Plantations Bhd's (KLSE:MHC) Growth In ROCE Persist?
Jan 25These 4 Measures Indicate That MHC Plantations Bhd (KLSE:MHC) Is Using Debt Reasonably Well
Dec 01Financial Position Analysis
Short Term Liabilities: MHC's short term assets (MYR171.1M) exceed its short term liabilities (MYR48.5M).
Long Term Liabilities: MHC's short term assets (MYR171.1M) exceed its long term liabilities (MYR76.1M).
Debt to Equity History and Analysis
Debt Level: MHC has more cash than its total debt.
Reducing Debt: MHC's debt to equity ratio has reduced from 26.6% to 4.2% over the past 5 years.
Debt Coverage: MHC's debt is well covered by operating cash flow (251.4%).
Interest Coverage: MHC's interest payments on its debt are well covered by EBIT (23.4x coverage).