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 MYR41.8M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are MYR5.3B and MYR607.5M respectively. Hartalega Holdings Berhad's EBIT is MYR129.4M making its interest coverage ratio 20. It has cash and short-term investments of MYR1.4B.
Key information
0.9%
Debt to equity ratio
RM 41.84m
Debt
| Interest coverage ratio | 20x |
| Cash | RM 1.39b |
| Equity | RM 4.68b |
| Total liabilities | RM 607.54m |
| Total assets | RM 5.29b |
Recent financial health updates
Does Hartalega Holdings Berhad (KLSE:HARTA) Have A Healthy Balance Sheet?
Jul 05
Does 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 27We Think Hartalega Holdings Berhad (KLSE:HARTA) Can Stay On Top Of Its Debt
Sep 20Recent updates
Hartalega 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 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 06Financial Position Analysis
Short Term Liabilities: HARTA's short term assets (MYR2.3B) exceed its short term liabilities (MYR378.4M).
Long Term Liabilities: HARTA's short term assets (MYR2.3B) exceed its long term liabilities (MYR229.1M).
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 14.9% to 0.9% 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 well covered by EBIT (20x coverage).