Kumpulan Jetson Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Kumpulan Jetson Berhad has a total shareholder equity of MYR42.2M and total debt of MYR38.2M, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are MYR169.8M and MYR127.7M respectively. Kumpulan Jetson Berhad's EBIT is MYR857.0K making its interest coverage ratio 0.2. It has cash and short-term investments of MYR10.6M.
Key information
90.7%
Debt to equity ratio
RM38.25m
Debt
Interest coverage ratio | 0.2x |
Cash | RM10.57m |
Equity | RM42.15m |
Total liabilities | RM127.65m |
Total assets | RM169.80m |
Recent financial health updates
Is Kumpulan Jetson Berhad (KLSE:JETSON) Weighed On By Its Debt Load?
Oct 10Is Kumpulan Jetson Berhad (KLSE:JETSON) Weighed On By Its Debt Load?
Jun 01Kumpulan Jetson Berhad (KLSE:JETSON) Has A Somewhat Strained Balance Sheet
Feb 03Health Check: How Prudently Does Kumpulan Jetson Berhad (KLSE:JETSON) Use Debt?
Aug 25Is Kumpulan Jetson Berhad (KLSE:JETSON) Using Debt Sensibly?
May 05Kumpulan Jetson Berhad (KLSE:JETSON) Has Debt But No Earnings; Should You Worry?
Jan 14Recent updates
Is Kumpulan Jetson Berhad (KLSE:JETSON) Weighed On By Its Debt Load?
Oct 10The Market Doesn't Like What It Sees From Kumpulan Jetson Berhad's (KLSE:JETSON) Earnings Yet As Shares Tumble 31%
Jul 24Estimating The Fair Value Of Kumpulan Jetson Berhad (KLSE:JETSON)
Jul 18Is Kumpulan Jetson Berhad (KLSE:JETSON) Weighed On By Its Debt Load?
Jun 01Kumpulan Jetson Berhad (KLSE:JETSON) Has A Somewhat Strained Balance Sheet
Feb 03Health Check: How Prudently Does Kumpulan Jetson Berhad (KLSE:JETSON) Use Debt?
Aug 25Is Kumpulan Jetson Berhad (KLSE:JETSON) Using Debt Sensibly?
May 05Kumpulan Jetson Berhad (KLSE:JETSON) Has Debt But No Earnings; Should You Worry?
Jan 14Is Kumpulan Jetson Berhad (KLSE:JETSON) Using Too Much Debt?
Sep 26Kumpulan Jetson Berhad (KLSE:JETSON) Is Making Moderate Use Of Debt
Jun 13Kumpulan Jetson Berhad (KLSE:JETSON) Has No Shortage Of Debt
Feb 28Financial Position Analysis
Short Term Liabilities: JETSON's short term assets (MYR127.9M) exceed its short term liabilities (MYR104.4M).
Long Term Liabilities: JETSON's short term assets (MYR127.9M) exceed its long term liabilities (MYR23.2M).
Debt to Equity History and Analysis
Debt Level: JETSON's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: JETSON's debt to equity ratio has increased from 64.8% to 90.7% over the past 5 years.
Debt Coverage: JETSON's debt is not well covered by operating cash flow (2%).
Interest Coverage: JETSON's interest payments on its debt are not well covered by EBIT (0.2x coverage).