Johor Plantations Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Johor Plantations Group Berhad has a total shareholder equity of MYR2.8B and total debt of MYR1.4B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are MYR4.9B and MYR2.1B respectively. Johor Plantations Group Berhad's EBIT is MYR396.1M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR463.6M.
Key information
51.4%
Debt to equity ratio
RM 1.43b
Debt
| Interest coverage ratio | 5.5x |
| Cash | RM 463.57m |
| Equity | RM 2.78b |
| Total liabilities | RM 2.13b |
| Total assets | RM 4.91b |
Financial Position Analysis
Short Term Liabilities: JPG's short term assets (MYR675.2M) exceed its short term liabilities (MYR201.0M).
Long Term Liabilities: JPG's short term assets (MYR675.2M) do not cover its long term liabilities (MYR1.9B).
Debt to Equity History and Analysis
Debt Level: JPG's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JPG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JPG's debt is well covered by operating cash flow (32.8%).
Interest Coverage: JPG's interest payments on its debt are well covered by EBIT (5.5x coverage).