JAKS Resources Berhad Balance Sheet Health
Financial Health criteria checks 4/6
JAKS Resources Berhad has a total shareholder equity of MYR1.5B and total debt of MYR474.1M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are MYR2.4B and MYR903.1M respectively.
Key information
32.1%
Debt to equity ratio
RM 474.07m
Debt
Interest coverage ratio | n/a |
Cash | RM 23.82m |
Equity | RM 1.48b |
Total liabilities | RM 903.13m |
Total assets | RM 2.38b |
Recent financial health updates
JAKS Resources Berhad (KLSE:JAKS) Has Debt But No Earnings; Should You Worry?
Nov 06Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?
Jun 13Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?
May 27Recent updates
JAKS Resources Berhad (KLSE:JAKS) Has Debt But No Earnings; Should You Worry?
Nov 06Shareholders May Not Be So Generous With JAKS Resources Berhad's (KLSE:JAKS) CEO Compensation And Here's Why
Jun 20Is 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 21JAKS 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 (MYR533.1M) exceed its short term liabilities (MYR494.0M).
Long Term Liabilities: JAKS's short term assets (MYR533.1M) exceed its long term liabilities (MYR409.2M).
Debt to Equity History and Analysis
Debt Level: JAKS's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: JAKS's debt to equity ratio has reduced from 44.2% to 32.1% 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.