Hartalega Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Hartalega Holdings Berhad has a total shareholder equity of MYR4.7B and total debt of MYR19.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are MYR5.2B and MYR470.8M respectively. Hartalega Holdings Berhad's EBIT is MYR44.8M making its interest coverage ratio 9.2. It has cash and short-term investments of MYR1.3B.
Key information
0.4%
Debt to equity ratio
RM 19.89m
Debt
| Interest coverage ratio | 9.2x |
| Cash | RM 1.30b |
| Equity | RM 4.68b |
| Total liabilities | RM 470.78m |
| Total assets | RM 5.16b |
Recent financial health updates
Hartalega Holdings Berhad (KLSE:HARTA) Has A Pretty Healthy Balance Sheet
Oct 11
Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jul 05Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jan 23Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?
Sep 20Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?
Jun 15Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?
Jan 27Recent updates
Hartalega Holdings Berhad (KLSE:HARTA) Will Want To Turn Around Its Return Trends
Dec 04Hartalega Holdings Berhad (KLSE:HARTA) Has A Pretty Healthy Balance Sheet
Oct 11A Look At The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Sep 11Hartalega Holdings Berhad (KLSE:HARTA) Not Flying Under The Radar
Aug 26Hartalega Holdings Berhad (KLSE:HARTA) Will Want To Turn Around Its Return Trends
Jul 26Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jul 05Hartalega Holdings Berhad's (KLSE:HARTA) Share Price Not Quite Adding Up
Apr 30Hartalega Holdings Berhad (KLSE:HARTA) May Have Issues Allocating Its Capital
Apr 09Estimating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Mar 19Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jan 23Some Confidence Is Lacking In Hartalega Holdings Berhad's (KLSE:HARTA) P/S
Dec 27A Look At The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Oct 12Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?
Sep 20A Look At The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Jul 06Is Hartalega Holdings Berhad (KLSE:HARTA) Using Too Much Debt?
Jun 15Are Hartalega Holdings Berhad (KLSE:HARTA) Investors Paying Above The Intrinsic Value?
Apr 06There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital
Mar 15Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?
Jan 27Calculating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Dec 22There Are Reasons To Feel Uneasy About Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital
Dec 01Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term
Nov 14We Think Hartalega Holdings Berhad (KLSE:HARTA) Can Stay On Top Of Its Debt
Sep 20Investors Should Be Encouraged By Hartalega Holdings Berhad's (KLSE:HARTA) Returns On Capital
Aug 29Downgrade: Here's How Analysts See Hartalega Holdings Berhad (KLSE:HARTA) Performing In The Near Term
Aug 10Estimating The Intrinsic Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Jul 16These 4 Measures Indicate That Hartalega Holdings Berhad (KLSE:HARTA) Is Using Debt Safely
May 16A Look At The Fair Value Of Hartalega Holdings Berhad (KLSE:HARTA)
Apr 05Is Hartalega Holdings Berhad (KLSE:HARTA) A Risky Investment?
Jan 31I Ran A Stock Scan For Earnings Growth And Hartalega Holdings Berhad (KLSE:HARTA) Passed With Ease
Jan 13Financial Position Analysis
Short Term Liabilities: HARTA's short term assets (MYR2.2B) exceed its short term liabilities (MYR301.8M).
Long Term Liabilities: HARTA's short term assets (MYR2.2B) exceed its long term liabilities (MYR169.0M).
Debt to Equity History and Analysis
Debt Level: HARTA has more cash than its total debt.
Reducing Debt: HARTA's debt to equity ratio has reduced from 13.1% to 0.4% over the past 5 years.
Debt Coverage: HARTA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HARTA's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Hartalega Holdings Berhad is covered by 35 analysts. 19 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 |
|---|---|
| Ken-Wern Lim | Affin Hwang Investment Bank |
| Nafisah Azmi | AmInvestment Bank Berhad |
| Pak Thong | AmInvestment Bank Berhad |