Berjaya Food Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Berjaya Food Berhad has a total shareholder equity of MYR431.9M and total debt of MYR286.5M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are MYR1.5B and MYR1.1B respectively. Berjaya Food Berhad's EBIT is MYR18.8M making its interest coverage ratio 0.5. It has cash and short-term investments of MYR29.9M.

Key information

66.3%

Debt to equity ratio

RM286.54m

Debt

Interest coverage ratio	0.5x
Cash	RM29.88m
Equity	RM431.94m
Total liabilities	RM1.06b
Total assets	RM1.50b

Recent financial health updates

We Think Berjaya Food Berhad (KLSE:BJFOOD) Is Taking Some Risk With Its Debt

Dec 13

Here's Why Berjaya Food Berhad (KLSE:BJFOOD) Can Manage Its Debt Responsibly

May 13

Recent updates

Berjaya Food Berhad (KLSE:BJFOOD) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Apr 18

Subdued Growth No Barrier To Berjaya Food Berhad (KLSE:BJFOOD) With Shares Advancing 27%

Apr 18

Berjaya Food Berhad (KLSE:BJFOOD) Analysts Are Reducing Their Forecasts For This Year

Feb 24

We Think Berjaya Food Berhad (KLSE:BJFOOD) Is Taking Some Risk With Its Debt

Dec 13

Analysts Have Been Trimming Their Berjaya Food Berhad (KLSE:BJFOOD) Price Target After Its Latest Report

Oct 30

Does This Valuation Of Berjaya Food Berhad (KLSE:BJFOOD) Imply Investors Are Overpaying?

Jul 16

Berjaya Food Berhad (KLSE:BJFOOD) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Jun 01

Here's Why We're Wary Of Buying Berjaya Food Berhad's (KLSE:BJFOOD) For Its Upcoming Dividend

Mar 06

Financial Position Analysis

Short Term Liabilities: BJFOOD's short term assets (MYR182.5M) do not cover its short term liabilities (MYR585.8M).

Long Term Liabilities: BJFOOD's short term assets (MYR182.5M) do not cover its long term liabilities (MYR479.2M).

Debt to Equity History and Analysis

Debt Level: BJFOOD's net debt to equity ratio (59.4%) is considered high.

Reducing Debt: BJFOOD's debt to equity ratio has reduced from 73.1% to 66.3% over the past 5 years.

Debt Coverage: BJFOOD's debt is well covered by operating cash flow (51.7%).

Interest Coverage: BJFOOD's interest payments on its debt are not well covered by EBIT (0.5x coverage).

Berjaya Food Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

We Think Berjaya Food Berhad (KLSE:BJFOOD) Is Taking Some Risk With Its Debt

Here's Why Berjaya Food Berhad (KLSE:BJFOOD) Can Manage Its Debt Responsibly

Recent updates

Third quarter 2024 earnings released: RM0.017 loss per share (vs RM0.009 profit in 3Q 2023)

Berjaya Food Berhad (KLSE:BJFOOD) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Subdued Growth No Barrier To Berjaya Food Berhad (KLSE:BJFOOD) With Shares Advancing 27%

Now 22% overvalued

Consensus EPS estimates fall by 76%

Berjaya Food Berhad (KLSE:BJFOOD) Analysts Are Reducing Their Forecasts For This Year

New minor risk - Earnings quality

Price target decreased by 14% to RM0.56

Second quarter 2024 earnings released: RM0.024 loss per share (vs RM0.02 profit in 2Q 2023)

Berjaya Food Berhad Announces Not Recommend Dividend for the Second Quarter Ended 31 December 2023

Consensus EPS estimates fall by 24%

We Think Berjaya Food Berhad (KLSE:BJFOOD) Is Taking Some Risk With Its Debt

Price target decreased by 7.6% to RM0.82

New minor risk - Profit margin trend

Berjaya Food Berhad Announces Re-Designation of Dato' Sydney Lawrance Quays as Group Chief Executive Officer from Chief Executive Officer

Analysts Have Been Trimming Their Berjaya Food Berhad (KLSE:BJFOOD) Price Target After Its Latest Report

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 11%

Berjaya Food Berhad, Annual General Meeting, Dec 13, 2023

New minor risk - Financial position

Berjaya Food Berhad Declares Fourth Interim Dividend, Payable on 26 September 2023

Full year 2023 earnings released: EPS: RM0.059 (vs RM0.069 in FY 2022)

Does This Valuation Of Berjaya Food Berhad (KLSE:BJFOOD) Imply Investors Are Overpaying?

New minor risk - Share price stability

Berjaya Food Berhad Announces Resignation of Dato' (Dr) Mustapha Bin Abd Hamid as Independent and Non Executive Member of Nomination Committee

Berjaya Food Berhad Announces Re-Designation of Dato' (Dr) Mustapha Bin Abd Hamid, Independent Director as Non-Independent and Non-Executive Director

Berjaya Food Berhad (KLSE:BJFOOD) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Berjaya Food Berhad Announces Resignation of Datuk Zainun Aishah Binti Ahmad as Independent and Non Executive Director

Berjaya Food Berhad Declares Third Interim Dividend in Respect of the Financial Year Ending 30 June 2023, Payable on 23 June 2023

Now 24% undervalued after recent price drop

Here's Why Berjaya Food Berhad (KLSE:BJFOOD) Can Manage Its Debt Responsibly

Upcoming dividend of RM0.02 per share at 2.5% yield

Berjaya Food Berhad Provides Earnings Guidance for the Second Half of Financial Year Ending 30 June 2023

Second quarter 2023 earnings released: EPS: RM0.02 (vs RM0.022 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.02 (vs RM0.007 in 1Q 2022)

Insufficient new directors

Berjaya Food Berhad Declares First Interim Dividend, Payable on 20 December 2022

Price target increased to RM1.18

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Berjaya Food Berhad, Annual General Meeting, Dec 14, 2022

Nural Enterprise Sdn Bhd acquired additional 2.28% minority stake in Berjaya Food Berhad (KLSE:BJFOOD) for MYR 32 million.

Price target increased to RM1.08

Upcoming dividend of RM0.02 per share

Price target increased to RM5.41

Full year 2022 earnings: EPS and revenues miss analyst expectations

Berjaya Food Berhad Declares Fourth Interim Dividend in Respect of the Financial Year Ended 30 June 2022, Payable on 22 September 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of RM0.015 per share

Investor sentiment improved over the past week

Consensus EPS estimates increase by 27%

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Berjaya Food Berhad Declares Third Interim Dividend for the Financial Year Ending June 30, 2022, Payable on June 23, 2022

Now 20% undervalued

Price target increased to RM3.57

Insufficient new directors

Now 23% undervalued

Investor sentiment improved over the past week

Upcoming dividend of RM0.01 per share

Consensus EPS estimates increase by 52%

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Berjaya Food Berhad Announces the Resignation of Dato' Seri Diraja Tunku Shazuddin Ariff Ibni Sultan Sallehuddin as Member of Remuneration Committee

Price target increased to RM2.91

Investor sentiment improved over the past week

Upcoming dividend of RM0.01 per share

Full year 2021 earnings released: EPS RM0.13 (vs RM0.055 loss in FY 2020)

Insufficient new directors

Price target increased to RM2.60

Upcoming dividend of RM0.01 per share

Full year 2021 earnings released: EPS RM0.13 (vs RM0.055 loss in FY 2020)

Upcoming dividend of RM0.01 per share

An unknown buyer acquired an unknown minority stake in Berjaya Food Berhad (KLSE:BJFOOD) from Berjaya Land Berhad (KLSE:BJLAND).

Berjaya Food Berhad Provides Impairment Charges for the Fourth Quarter Ended March 31, 2021

Third quarter 2021 earnings released: EPS RM0.033 (vs RM0.087 loss in 3Q 2020)