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 MYR204.7M, which brings its debt-to-equity ratio to 66.9%. 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
66.9%
Debt to equity ratio
RM 204.67m
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 (50.5%) is considered high.
Reducing Debt: GLBHD's debt to equity ratio has increased from 23.6% to 66.9% 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 00:26 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Golden Land Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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