Johor Plantations Group Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Johor Plantations Group Berhad has a total shareholder equity of MYR2.3B and total debt of MYR1.6B, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are MYR4.6B and MYR2.3B respectively. Johor Plantations Group Berhad's EBIT is MYR335.1M making its interest coverage ratio 4.5. It has cash and short-term investments of MYR105.1M.
Key information
68.5%
Debt to equity ratio
RM 1.57b
Debt
Interest coverage ratio | 4.5x |
Cash | RM 105.13m |
Equity | RM 2.29b |
Total liabilities | RM 2.28b |
Total assets | RM 4.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPG's short term assets (MYR337.0M) exceed its short term liabilities (MYR336.8M).
Long Term Liabilities: JPG's short term assets (MYR337.0M) do not cover its long term liabilities (MYR1.9B).
Debt to Equity History and Analysis
Debt Level: JPG's net debt to equity ratio (63.9%) is considered high.
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 (20.3%).
Interest Coverage: JPG's interest payments on its debt are well covered by EBIT (4.5x coverage).