Hartalega Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hartalega Holdings Berhad has a total shareholder equity of MYR4.6B and total debt of MYR87.4M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are MYR5.3B and MYR652.9M respectively. Hartalega Holdings Berhad's EBIT is MYR16.7M making its interest coverage ratio 1.9. It has cash and short-term investments of MYR1.5B.
Key information
1.9%
Debt to equity ratio
RM87.41m
Debt
| Interest coverage ratio | 1.9x |
| Cash | RM1.53b |
| Equity | RM4.63b |
| Total liabilities | RM652.86m |
| Total assets | RM5.28b |
Recent financial health updates
Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jan 23
Is 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 27We Think Hartalega Holdings Berhad (KLSE:HARTA) Can Stay On Top Of Its Debt
Sep 20Recent updates
Hartalega 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 13Hartalega Holdings Berhad (KLSE:HARTA) Has A Rock Solid Balance Sheet
Sep 21Hartalega Holdings Berhad (KLSE:HARTA) Is Increasing Its Dividend To RM0.20
Aug 14Hartalega Holdings Berhad (KLSE:HARTA) Will Pay A Larger Dividend Than Last Year At RM0.20
Jul 31Hartalega Holdings Berhad (KLSE:HARTA) Could Easily Take On More Debt
Jun 06I Ran A Stock Scan For Earnings Growth And Hartalega Holdings Berhad (KLSE:HARTA) Passed With Ease
May 03Why Hartalega Holdings Berhad (KLSE:HARTA) Is A Top Dividend Stock
Mar 19Did You Participate In Any Of Hartalega Holdings Berhad's (KLSE:HARTA) Incredible 346% Return?
Mar 04Is Hartalega Holdings Berhad (KLSE:HARTA) Trading At A 33% Discount?
Feb 19Hartalega Holdings Berhad (KLSE:HARTA) Seems To Use Debt Rather Sparingly
Feb 04Financial Position Analysis
Short Term Liabilities: HARTA's short term assets (MYR2.3B) exceed its short term liabilities (MYR401.0M).
Long Term Liabilities: HARTA's short term assets (MYR2.3B) exceed its long term liabilities (MYR251.9M).
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 19.2% to 1.9% 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 not well covered by EBIT (1.9x coverage).