Golden Land Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Golden Land Berhad has a total shareholder equity of MYR305.8M and total debt of MYR184.6M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are MYR585.0M and MYR279.2M respectively. Golden Land Berhad's EBIT is MYR838.4K making its interest coverage ratio 0.1. It has cash and short-term investments of MYR50.1M.
Key information
60.4%
Debt to equity ratio
RM 184.58m
Debt
| Interest coverage ratio | 0.1x |
| Cash | RM 50.09m |
| Equity | RM 305.81m |
| Total liabilities | RM 279.16m |
| Total assets | RM 584.97m |
Recent financial health updates
Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Apr 29
Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Nov 14Does Golden Land Berhad (KLSE:GLBHD) Have A Healthy Balance Sheet?
Jul 11Health Check: How Prudently Does Golden Land Berhad (KLSE:GLBHD) Use Debt?
Mar 20Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Oct 13Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Jun 08Recent updates
Shareholders Will Probably Hold Off On Increasing Golden Land Berhad's (KLSE:GLBHD) CEO Compensation For The Time Being
Nov 19Market Still Lacking Some Conviction On Golden Land Berhad (KLSE:GLBHD)
Oct 23Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Apr 29Investors Aren't Entirely Convinced By Golden Land Berhad's (KLSE:GLBHD) Revenues
Feb 20Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Nov 14Does Golden Land Berhad (KLSE:GLBHD) Have A Healthy Balance Sheet?
Jul 11Health Check: How Prudently Does Golden Land Berhad (KLSE:GLBHD) Use Debt?
Mar 20Shareholders Will Probably Hold Off On Increasing Golden Land Berhad's (KLSE:GLBHD) CEO Compensation For The Time Being
Nov 18Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Oct 13Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Jun 08Does Golden Land Berhad (KLSE:GLBHD) Have A Healthy Balance Sheet?
Feb 17Golden Land Berhad (KLSE:GLBHD) Has Debt But No Earnings; Should You Worry?
Jun 13Is Golden Land Berhad (KLSE:GLBHD) A Risky Investment?
Feb 28Financial Position Analysis
Short Term Liabilities: GLBHD's short term assets (MYR161.4M) exceed its short term liabilities (MYR136.5M).
Long Term Liabilities: GLBHD's short term assets (MYR161.4M) exceed its long term liabilities (MYR142.7M).
Debt to Equity History and Analysis
Debt Level: GLBHD's net debt to equity ratio (44%) is considered high.
Reducing Debt: GLBHD's debt to equity ratio has increased from 23.6% to 60.4% 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: Whilst unprofitable GLBHD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GLBHD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.2% per year.