Golden Land Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Golden Land Berhad has a total shareholder equity of MYR342.9M and total debt of MYR201.0M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are MYR625.5M and MYR282.7M respectively.
Key information
58.6%
Debt to equity ratio
RM200.97m
Debt
| Interest coverage ratio | n/a |
| Cash | RM41.68m |
| Equity | RM342.89m |
| Total liabilities | RM282.65m |
| Total assets | RM625.54m |
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
Is 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 (MYR172.7M) exceed its short term liabilities (MYR162.3M).
Long Term Liabilities: GLBHD's short term assets (MYR172.7M) exceed its long term liabilities (MYR120.3M).
Debt to Equity History and Analysis
Debt Level: GLBHD's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: GLBHD's debt to equity ratio has increased from 16.1% to 58.6% 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: GLBHD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GLBHD has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 37.4% each year.