Hektar Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Hektar Real Estate Investment Trust has a total shareholder equity of MYR749.0M and total debt of MYR607.5M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are MYR1.4B and MYR693.2M respectively. Hektar Real Estate Investment Trust's EBIT is MYR49.3M making its interest coverage ratio 1.7. It has cash and short-term investments of MYR39.2M.
Key information
81.1%
Debt to equity ratio
RM 607.50m
Debt
| Interest coverage ratio | 1.7x |
| Cash | RM 39.16m |
| Equity | RM 748.98m |
| Total liabilities | RM 693.24m |
| Total assets | RM 1.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HEKTAR's short term assets (MYR203.3M) exceed its short term liabilities (MYR47.2M).
Long Term Liabilities: HEKTAR's short term assets (MYR203.3M) do not cover its long term liabilities (MYR646.0M).
Debt to Equity History and Analysis
Debt Level: HEKTAR's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: HEKTAR's debt to equity ratio has reduced from 88.4% to 81.1% over the past 5 years.
Debt Coverage: HEKTAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HEKTAR's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hektar Real Estate Investment Trust is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Poh Ong | AmInvestment Bank Berhad |
| Zing Sheng Khoo | AmInvestment Bank Berhad |
| Wei Loke | CGS International |