Jade Marvel Group Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Jade Marvel Group Berhad has a total shareholder equity of MYR186.5M and total debt of MYR3.3M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are MYR229.9M and MYR43.4M respectively.
Key information
1.8%
Debt to equity ratio
RM3.27m
Debt
| Interest coverage ratio | n/a |
| Cash | RM17.50m |
| Equity | RM186.53m |
| Total liabilities | RM43.37m |
| Total assets | RM229.89m |
Financial Position Analysis
Short Term Liabilities: JADEM's short term assets (MYR87.8M) exceed its short term liabilities (MYR33.4M).
Long Term Liabilities: JADEM's short term assets (MYR87.8M) exceed its long term liabilities (MYR10.0M).
Debt to Equity History and Analysis
Debt Level: JADEM has more cash than its total debt.
Reducing Debt: JADEM's debt to equity ratio has reduced from 17.8% to 1.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JADEM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JADEM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 53.5% each year