BLD Plantation Bhd Balance Sheet Health
Financial Health criteria checks 6/6
BLD Plantation Bhd has a total shareholder equity of MYR756.9M and total debt of MYR232.4M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are MYR1.2B and MYR454.4M respectively. BLD Plantation Bhd's EBIT is MYR55.5M making its interest coverage ratio 13.2. It has cash and short-term investments of MYR188.6M.
Key information
30.7%
Debt to equity ratio
RM232.41m
Debt
| Interest coverage ratio | 13.2x |
| Cash | RM188.63m |
| Equity | RM756.86m |
| Total liabilities | RM454.39m |
| Total assets | RM1.21b |
Recent financial health updates
BLD Plantation Bhd (KLSE:BLDPLNT) Seems To Use Debt Quite Sensibly
May 17
We Think BLD Plantation Bhd (KLSE:BLDPLNT) Can Stay On Top Of Its Debt
Dec 27Recent updates
BLD Plantation Bhd's (KLSE:BLDPLNT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Nov 21Investors Will Want BLD Plantation Bhd's (KLSE:BLDPLNT) Growth In ROCE To Persist
Nov 17BLD Plantation Bhd (KLSE:BLDPLNT) Seems To Use Debt Quite Sensibly
May 17Can You Imagine How BLD Plantation Bhd's (KLSE:BLDPLNT) Shareholders Feel About The 37% Share Price Increase?
Feb 08
We Think BLD Plantation Bhd (KLSE:BLDPLNT) Can Stay On Top Of Its Debt
Dec 27Financial Position Analysis
Short Term Liabilities: BLDPLNT's short term assets (MYR504.6M) exceed its short term liabilities (MYR294.5M).
Long Term Liabilities: BLDPLNT's short term assets (MYR504.6M) exceed its long term liabilities (MYR159.9M).
Debt to Equity History and Analysis
Debt Level: BLDPLNT's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: BLDPLNT's debt to equity ratio has reduced from 61.9% to 30.7% over the past 5 years.
Debt Coverage: BLDPLNT's debt is well covered by operating cash flow (53.7%).
Interest Coverage: BLDPLNT's interest payments on its debt are well covered by EBIT (13.2x coverage).