Kumpulan Jetson Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Kumpulan Jetson Berhad has a total shareholder equity of MYR53.8M and total debt of MYR36.7M, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are MYR161.4M and MYR107.5M respectively. Kumpulan Jetson Berhad's EBIT is MYR15.8M making its interest coverage ratio 3.3. It has cash and short-term investments of MYR10.7M.
Key information
68.2%
Debt to equity ratio
RM 36.73m
Debt
| Interest coverage ratio | 3.3x |
| Cash | RM 10.73m |
| Equity | RM 53.84m |
| Total liabilities | RM 107.54m |
| Total assets | RM 161.38m |
Recent financial health updates
Is Kumpulan Jetson Berhad (KLSE:JETSON) Weighed On By Its Debt Load?
Oct 10
Is 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
Not Many Are Piling Into Kumpulan Jetson Berhad (KLSE:JETSON) Stock Yet As It Plummets 26%
Aug 22Investors Will Want Kumpulan Jetson Berhad's (KLSE:JETSON) Growth In ROCE To Persist
Aug 04Kumpulan Jetson Berhad (KLSE:JETSON) Is Posting Healthy Earnings, But It Is Not All Good News
Jun 04Why We're Not Concerned About Kumpulan Jetson Berhad's (KLSE:JETSON) Share Price
May 10Is 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 13Financial Position Analysis
Short Term Liabilities: JETSON's short term assets (MYR115.6M) exceed its short term liabilities (MYR81.6M).
Long Term Liabilities: JETSON's short term assets (MYR115.6M) exceed its long term liabilities (MYR25.9M).
Debt to Equity History and Analysis
Debt Level: JETSON's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: JETSON's debt to equity ratio has reduced from 68.4% to 68.2% over the past 5 years.
Debt Coverage: JETSON's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: JETSON's interest payments on its debt are well covered by EBIT (3.3x coverage).