Hiap Teck Venture Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hiap Teck Venture Berhad has a total shareholder equity of MYR1.3B and total debt of MYR625.0M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are MYR2.0B and MYR698.8M respectively. Hiap Teck Venture Berhad's EBIT is MYR78.5M making its interest coverage ratio 3.9. It has cash and short-term investments of MYR83.1M.
Key information
48.5%
Debt to equity ratio
RM624.97m
Debt
Interest coverage ratio | 3.9x |
Cash | RM83.09m |
Equity | RM1.29b |
Total liabilities | RM698.82m |
Total assets | RM1.99b |
Recent financial health updates
These 4 Measures Indicate That Hiap Teck Venture Berhad (KLSE:HIAPTEK) Is Using Debt Reasonably Well
Sep 23We Think Hiap Teck Venture Berhad (KLSE:HIAPTEK) Can Manage Its Debt With Ease
Oct 13Is Hiap Teck Venture Berhad (KLSE:HIAPTEK) A Risky Investment?
May 18Is Hiap Teck Venture Berhad (KLSE:HIAPTEK) A Risky Investment?
Feb 11Recent updates
Be Wary Of Hiap Teck Venture Berhad (KLSE:HIAPTEK) And Its Returns On Capital
Apr 23Hiap Teck Venture Berhad's (KLSE:HIAPTEK) Promising Earnings May Rest On Soft Foundations
Dec 22Hiap Teck Venture Berhad (KLSE:HIAPTEK) May Have Issues Allocating Its Capital
Nov 03These 4 Measures Indicate That Hiap Teck Venture Berhad (KLSE:HIAPTEK) Is Using Debt Reasonably Well
Sep 23This Analyst Just Wrote A Brand New Outlook For Hiap Teck Venture Berhad's (KLSE:HIAPTEK) Business
Jul 03With EPS Growth And More, Hiap Teck Venture Berhad (KLSE:HIAPTEK) Is Interesting
May 30Should You Be Adding Hiap Teck Venture Berhad (KLSE:HIAPTEK) To Your Watchlist Today?
Feb 08Hiap Teck Venture Berhad (KLSE:HIAPTEK) Is Looking To Continue Growing Its Returns On Capital
Oct 31We Think Hiap Teck Venture Berhad (KLSE:HIAPTEK) Can Manage Its Debt With Ease
Oct 13I Ran A Stock Scan For Earnings Growth And Hiap Teck Venture Berhad (KLSE:HIAPTEK) Passed With Ease
Sep 01Calculating The Intrinsic Value Of Hiap Teck Venture Berhad (KLSE:HIAPTEK)
Jul 01Is Hiap Teck Venture Berhad (KLSE:HIAPTEK) A Risky Investment?
May 18Hiap Teck Venture Berhad (KLSE:HIAPTEK) Is Looking To Continue Growing Its Returns On Capital
Apr 07If You Like EPS Growth Then Check Out Hiap Teck Venture Berhad (KLSE:HIAPTEK) Before It's Too Late
Mar 20Is Hiap Teck Venture Berhad's (KLSE:HIAPTEK) Share Price Gain Of 130% Well Earned?
Mar 01Is Hiap Teck Venture Berhad (KLSE:HIAPTEK) A Risky Investment?
Feb 11Do Insiders Own Lots Of Shares In Hiap Teck Venture Berhad (KLSE:HIAPTEK)?
Jan 24Is This A Sign of Things To Come At Hiap Teck Venture Berhad (KLSE:HIAPTEK)?
Jan 06If You Like EPS Growth Then Check Out Hiap Teck Venture Berhad (KLSE:HIAPTEK) Before It's Too Late
Dec 19Did Hiap Teck Venture Berhad's (KLSE:HIAPTEK) Share Price Deserve to Gain 51%?
Dec 01Financial Position Analysis
Short Term Liabilities: HIAPTEK's short term assets (MYR1.0B) exceed its short term liabilities (MYR686.2M).
Long Term Liabilities: HIAPTEK's short term assets (MYR1.0B) exceed its long term liabilities (MYR12.6M).
Debt to Equity History and Analysis
Debt Level: HIAPTEK's net debt to equity ratio (42%) is considered high.
Reducing Debt: HIAPTEK's debt to equity ratio has reduced from 55.6% to 48.5% over the past 5 years.
Debt Coverage: HIAPTEK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HIAPTEK's interest payments on its debt are well covered by EBIT (3.9x coverage).