Kelington Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Kelington Group Berhad has a total shareholder equity of MYR429.0M and total debt of MYR164.2M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are MYR1.1B and MYR623.9M respectively. Kelington Group Berhad's EBIT is MYR168.3M making its interest coverage ratio 17.2. It has cash and short-term investments of MYR336.5M.
Key information
38.3%
Debt to equity ratio
RM 164.19m
Debt
Interest coverage ratio | 17.2x |
Cash | RM 336.53m |
Equity | RM 429.03m |
Total liabilities | RM 623.92m |
Total assets | RM 1.05b |
Recent financial health updates
Does Kelington Group Berhad (KLSE:KGB) Have A Healthy Balance Sheet?
Jan 14We Think Kelington Group Berhad (KLSE:KGB) Is Taking Some Risk With Its Debt
Jul 15Recent updates
Do Kelington Group Berhad's (KLSE:KGB) Earnings Warrant Your Attention?
Aug 07We Think Kelington Group Berhad's (KLSE:KGB) Profit Is Only A Baseline For What They Can Achieve
Jun 05Kelington Group Berhad (KLSE:KGB) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Dec 19We Like Kelington Group Berhad's (KLSE:KGB) Returns And Here's How They're Trending
Nov 24Broker Revenue Forecasts For Kelington Group Berhad (KLSE:KGB) Are Surging Higher
Aug 22Broker Revenue Forecasts For Kelington Group Berhad (KLSE:KGB) Are Surging Higher
May 22Why We Like The Returns At Kelington Group Berhad (KLSE:KGB)
Jan 13Analysts' Revenue Estimates For Kelington Group Berhad (KLSE:KGB) Are Surging Higher
Nov 21The Return Trends At Kelington Group Berhad (KLSE:KGB) Look Promising
May 11Does Kelington Group Berhad (KLSE:KGB) Have A Healthy Balance Sheet?
Jan 14Is There Now An Opportunity In Kelington Group Berhad (KLSE:KGB)?
Sep 15We Think Kelington Group Berhad (KLSE:KGB) Is Taking Some Risk With Its Debt
Jul 15Financial Position Analysis
Short Term Liabilities: KGB's short term assets (MYR840.1M) exceed its short term liabilities (MYR532.4M).
Long Term Liabilities: KGB's short term assets (MYR840.1M) exceed its long term liabilities (MYR91.6M).
Debt to Equity History and Analysis
Debt Level: KGB has more cash than its total debt.
Reducing Debt: KGB's debt to equity ratio has increased from 16.4% to 38.3% over the past 5 years.
Debt Coverage: KGB's debt is well covered by operating cash flow (158.7%).
Interest Coverage: KGB's interest payments on its debt are well covered by EBIT (17.2x coverage).