Hiap Teck Venture Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Hiap Teck Venture Berhad has a total shareholder equity of MYR1.4B and total debt of MYR565.5M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are MYR2.1B and MYR711.0M respectively. Hiap Teck Venture Berhad's EBIT is MYR59.2M making its interest coverage ratio 2.6. It has cash and short-term investments of MYR100.0M.
Key information
40.8%
Debt to equity ratio
RM 565.50m
Debt
| Interest coverage ratio | 2.6x |
| Cash | RM 100.02m |
| Equity | RM 1.38b |
| Total liabilities | RM 711.00m |
| Total assets | RM 2.10b |
Recent financial health updates
Does Hiap Teck Venture Berhad (KLSE:HIAPTEK) Have A Healthy Balance Sheet?
Aug 02
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
The Returns On Capital At Hiap Teck Venture Berhad (KLSE:HIAPTEK) Don't Inspire Confidence
Sep 10Hiap Teck Venture Berhad (KLSE:HIAPTEK) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Aug 05Does Hiap Teck Venture Berhad (KLSE:HIAPTEK) Have A Healthy Balance Sheet?
Aug 02Be 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 19
Did 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 (MYR695.0M).
Long Term Liabilities: HIAPTEK's short term assets (MYR1.0B) exceed its long term liabilities (MYR16.0M).
Debt to Equity History and Analysis
Debt Level: HIAPTEK's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: HIAPTEK's debt to equity ratio has reduced from 72.2% to 40.8% over the past 5 years.
Debt Coverage: HIAPTEK's debt is not well covered by operating cash flow (4%).
Interest Coverage: HIAPTEK's interest payments on its debt are not well covered by EBIT (2.6x coverage).