JAKS Resources Berhad Balance Sheet Health
Financial Health criteria checks 4/6
JAKS Resources Berhad has a total shareholder equity of MYR1.4B and total debt of MYR494.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are MYR2.4B and MYR965.4M respectively.
Key information
35.0%
Debt to equity ratio
RM494.82m
Debt
| Interest coverage ratio | n/a |
| Cash | RM41.93m |
| Equity | RM1.41b |
| Total liabilities | RM965.37m |
| Total assets | RM2.38b |
Recent financial health updates
Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?
Jun 13
Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?
May 27Recent updates
Is Now An Opportune Moment To Examine JAKS Resources Berhad (KLSE:JAKS)?
Sep 01What Does JAKS Resources Berhad's (KLSE:JAKS) Share Price Indicate?
May 11Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?
Jun 13Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?
May 27News Flash: One Analyst Just Made A Huge Upgrade To Their JAKS Resources Berhad (KLSE:JAKS) Forecasts
Apr 04At RM0.68, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?
Mar 28Does JAKS Resources Berhad's (KLSE:JAKS) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 21
JAKS Resources Berhad (KLSE:JAKS) Shareholders Received A Total Return Of Negative 32% In The Last Three Years
Jan 14At RM0.67, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?
Dec 19Here's Why JAKS Resources Berhad's (KLSE:JAKS) Statutory Earnings Are Arguably Too Conservative
Nov 22Financial Position Analysis
Short Term Liabilities: JAKS's short term assets (MYR591.2M) exceed its short term liabilities (MYR536.6M).
Long Term Liabilities: JAKS's short term assets (MYR591.2M) exceed its long term liabilities (MYR428.8M).
Debt to Equity History and Analysis
Debt Level: JAKS's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: JAKS's debt to equity ratio has reduced from 52.8% to 35% over the past 5 years.
Debt Coverage: JAKS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JAKS's interest payments on its debt are well covered by EBIT.