HeiTech Padu Berhad Balance Sheet Health
Financial Health criteria checks 5/6
HeiTech Padu Berhad has a total shareholder equity of MYR153.5M and total debt of MYR117.5M, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are MYR433.0M and MYR279.5M respectively. HeiTech Padu Berhad's EBIT is MYR37.1M making its interest coverage ratio 10. It has cash and short-term investments of MYR55.5M.
Key information
76.5%
Debt to equity ratio
RM117.49m
Debt
Interest coverage ratio | 10x |
Cash | RM55.55m |
Equity | RM153.52m |
Total liabilities | RM279.52m |
Total assets | RM433.04m |
Recent financial health updates
We Think HeiTech Padu Berhad (KLSE:HTPADU) Is Taking Some Risk With Its Debt
Nov 08HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jun 02HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jan 31HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Oct 04Is HeiTech Padu Berhad (KLSE:HTPADU) Using Too Much Debt?
Mar 28HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jun 07Recent updates
HeiTech Padu Berhad (KLSE:HTPADU) Held Back By Insufficient Growth Even After Shares Climb 33%
Feb 25We Think HeiTech Padu Berhad (KLSE:HTPADU) Is Taking Some Risk With Its Debt
Nov 08HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jun 02HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jan 31HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Oct 04A Look At The Fair Value Of HeiTech Padu Berhad (KLSE:HTPADU)
Jun 21Is HeiTech Padu Berhad (KLSE:HTPADU) Using Too Much Debt?
Mar 28HeiTech Padu Berhad (KLSE:HTPADU) Has A Somewhat Strained Balance Sheet
Jun 07Investors Don't See Light At End Of HeiTech Padu Berhad's (KLSE:HTPADU) Tunnel
May 03Can HeiTech Padu Berhad's (KLSE:HTPADU) ROE Continue To Surpass The Industry Average?
Mar 16Is HeiTech Padu Berhad (KLSE:HTPADU) Using Too Much Debt?
Jan 22Does HeiTech Padu Berhad (KLSE:HTPADU) Create Value For Shareholders?
Dec 01Financial Position Analysis
Short Term Liabilities: HTPADU's short term assets (MYR241.4M) exceed its short term liabilities (MYR227.2M).
Long Term Liabilities: HTPADU's short term assets (MYR241.4M) exceed its long term liabilities (MYR52.4M).
Debt to Equity History and Analysis
Debt Level: HTPADU's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: HTPADU's debt to equity ratio has reduced from 93.7% to 76.5% over the past 5 years.
Debt Coverage: HTPADU's debt is well covered by operating cash flow (23.9%).
Interest Coverage: HTPADU's interest payments on its debt are well covered by EBIT (10x coverage).