Jishan Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Jishan Berhad has a total shareholder equity of MYR61.1M and total debt of MYR60.4M, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are MYR138.3M and MYR77.2M respectively. Jishan Berhad's EBIT is MYR8.7M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR2.4M.
Key information
98.9%
Debt to equity ratio
RM60.43m
Debt
Interest coverage ratio | 2.7x |
Cash | RM2.39m |
Equity | RM61.09m |
Total liabilities | RM77.18m |
Total assets | RM138.27m |
Financial Position Analysis
Short Term Liabilities: JISHAN's short term assets (MYR35.1M) exceed its short term liabilities (MYR32.4M).
Long Term Liabilities: JISHAN's short term assets (MYR35.1M) do not cover its long term liabilities (MYR44.8M).
Debt to Equity History and Analysis
Debt Level: JISHAN's net debt to equity ratio (95%) is considered high.
Reducing Debt: Insufficient data to determine if JISHAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JISHAN's debt is well covered by operating cash flow (31.1%).
Interest Coverage: JISHAN's interest payments on its debt are not well covered by EBIT (2.7x coverage).