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 ration/a
CashRM 23.82m
EquityRM 1.48b
Total liabilitiesRM 903.13m
Total assetsRM 2.38b

Recent financial health updates

Recent updates

JAKS Resources Berhad (KLSE:JAKS) Has Debt But No Earnings; Should You Worry?

Nov 06
JAKS Resources Berhad (KLSE:JAKS) Has Debt But No Earnings; Should You Worry?

Shareholders May Not Be So Generous With JAKS Resources Berhad's (KLSE:JAKS) CEO Compensation And Here's Why

Jun 20
Shareholders May Not Be So Generous With JAKS Resources Berhad's (KLSE:JAKS) CEO Compensation And Here's Why

Is Now An Opportune Moment To Examine JAKS Resources Berhad (KLSE:JAKS)?

Sep 01
Is Now An Opportune Moment To Examine JAKS Resources Berhad (KLSE:JAKS)?

What Does JAKS Resources Berhad's (KLSE:JAKS) Share Price Indicate?

May 11
What Does JAKS Resources Berhad's (KLSE:JAKS) Share Price Indicate?

Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?

Jun 13
Does JAKS Resources Berhad (KLSE:JAKS) Have A Healthy Balance Sheet?

Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?

May 27
Is JAKS Resources Berhad (KLSE:JAKS) A Risky Investment?

News Flash: One Analyst Just Made A Huge Upgrade To Their JAKS Resources Berhad (KLSE:JAKS) Forecasts

Apr 04
News Flash: One Analyst Just Made A Huge Upgrade To Their JAKS Resources Berhad (KLSE:JAKS) Forecasts

At RM0.68, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?

Mar 28
At RM0.68, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?

Does JAKS Resources Berhad's (KLSE:JAKS) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 21
Does JAKS Resources Berhad's (KLSE:JAKS) Statutory Profit Adequately Reflect Its Underlying Profit?

JAKS Resources Berhad (KLSE:JAKS) Shareholders Received A Total Return Of Negative 32% In The Last Three Years

Jan 14
JAKS Resources Berhad (KLSE:JAKS) Shareholders Received A Total Return Of Negative 32% In The Last Three Years

At RM0.67, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?

Dec 19
At RM0.67, Is JAKS Resources Berhad (KLSE:JAKS) Worth Looking At Closely?

Here's Why JAKS Resources Berhad's (KLSE:JAKS) Statutory Earnings Are Arguably Too Conservative

Nov 22
Here's Why JAKS Resources Berhad's (KLSE:JAKS) Statutory Earnings Are Arguably Too Conservative

Financial 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.


Balance Sheet


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