Hume Cement Industries Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Hume Cement Industries Berhad has a total shareholder equity of MYR524.7M and total debt of MYR360.2M, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are MYR1.2B and MYR676.9M respectively. Hume Cement Industries Berhad's EBIT is MYR247.5M making its interest coverage ratio -55.6. It has cash and short-term investments of MYR74.8M.
Key information
68.7%
Debt to equity ratio
RM360.25m
Debt
| Interest coverage ratio | -55.6x |
| Cash | RM74.83m |
| Equity | RM524.71m |
| Total liabilities | RM676.88m |
| Total assets | RM1.20b |
Recent financial health updates
Is Hume Cement Industries Berhad (KLSE:HUMEIND) A Risky Investment?
Apr 27
Here's Why Hume Cement Industries Berhad (KLSE:HUMEIND) Has A Meaningful Debt Burden
May 17Is Hume Cement Industries Berhad (KLSE:HUMEIND) Using Too Much Debt?
Aug 16Here's Why Hume Cement Industries Berhad (KLSE:HUMEIND) Has A Meaningful Debt Burden
May 09We Think Hume Cement Industries Berhad (KLSE:HUMEIND) Is Taking Some Risk With Its Debt
Jan 07
Recent updates
Is Hume Cement Industries Berhad (KLSE:HUMEIND) A Risky Investment?
Apr 27Even With A 30% Surge, Cautious Investors Are Not Rewarding Hume Cement Industries Berhad's (KLSE:HUMEIND) Performance Completely
Jan 18Is Now The Time To Put Hume Cement Industries Berhad (KLSE:HUMEIND) On Your Watchlist?
Jan 08Upgrade: The Latest Revenue Forecasts For Hume Cement Industries Berhad (KLSE:HUMEIND)
Dec 08Shareholders Will Be Pleased With The Quality of Hume Cement Industries Berhad's (KLSE:HUMEIND) Earnings
Nov 23Hume Cement Industries Berhad (KLSE:HUMEIND) Might Have The Makings Of A Multi-Bagger
Jul 21Here's Why Hume Cement Industries Berhad (KLSE:HUMEIND) Has A Meaningful Debt Burden
May 17Here's What To Make Of Hume Cement Industries Berhad's (KLSE:HUMEIND) Decelerating Rates Of Return
Nov 17Is Hume Cement Industries Berhad (KLSE:HUMEIND) Using Too Much Debt?
Aug 16Here's Why Hume Cement Industries Berhad (KLSE:HUMEIND) Has A Meaningful Debt Burden
May 09Hume Cement Industries Berhad (KLSE:HUMEIND) On The Verge Of Breaking Even
Apr 13What Hume Cement Industries Berhad's (KLSE:HUMEIND) Returns On Capital Can Tell Us
Mar 18Reflecting on Hume Cement Industries Berhad's (KLSE:HUMEIND) Share Price Returns Over The Last Five Years
Feb 11We Think Hume Cement Industries Berhad (KLSE:HUMEIND) Is Taking Some Risk With Its Debt
Jan 07Are Investors Concerned With What's Going On At Hume Industries Berhad (KLSE:HUMEIND)?
Dec 03Financial Position Analysis
Short Term Liabilities: HUMEIND's short term assets (MYR294.1M) do not cover its short term liabilities (MYR370.2M).
Long Term Liabilities: HUMEIND's short term assets (MYR294.1M) do not cover its long term liabilities (MYR306.7M).
Debt to Equity History and Analysis
Debt Level: HUMEIND's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: HUMEIND's debt to equity ratio has reduced from 217.5% to 68.7% over the past 5 years.
Debt Coverage: HUMEIND's debt is well covered by operating cash flow (99.5%).
Interest Coverage: HUMEIND earns more interest than it pays, so coverage of interest payments is not a concern.