GuocoLand (Malaysia) Berhad Balance Sheet Health
Financial Health criteria checks 5/6
GuocoLand (Malaysia) Berhad has a total shareholder equity of MYR1.4B and total debt of MYR508.7M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are MYR2.2B and MYR758.5M respectively. GuocoLand (Malaysia) Berhad's EBIT is MYR63.3M making its interest coverage ratio 2.8. It has cash and short-term investments of MYR163.2M.
Key information
36.2%
Debt to equity ratio
RM508.67m
Debt
| Interest coverage ratio | 2.8x |
| Cash | RM163.15m |
| Equity | RM1.41b |
| Total liabilities | RM758.50m |
| Total assets | RM2.16b |
Recent financial health updates
Recent updates
GuocoLand (Malaysia) Berhad's (KLSE:GUOCO) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Feb 12
GuocoLand (Malaysia) Berhad (KLSE:GUOCO) Has Announced A Dividend Of MYR0.02
Sep 04GuocoLand (Malaysia) Berhad (KLSE:GUOCO) Has Affirmed Its Dividend Of MYR0.02
Aug 21We Think GuocoLand (Malaysia) Berhad's (KLSE:GUOCO) Robust Earnings Are Conservative
Apr 30Here's Why GuocoLand (Malaysia) Berhad (KLSE:GUOCO) Has A Meaningful Debt Burden
Mar 01If You Had Bought GuocoLand (Malaysia) Berhad's (KLSE:GUOCO) Shares Three Years Ago You Would Be Down 46%
Jan 07
Financial Position Analysis
Short Term Liabilities: GUOCO's short term assets (MYR1.1B) exceed its short term liabilities (MYR383.2M).
Long Term Liabilities: GUOCO's short term assets (MYR1.1B) exceed its long term liabilities (MYR375.3M).
Debt to Equity History and Analysis
Debt Level: GUOCO's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: GUOCO's debt to equity ratio has reduced from 88% to 36.2% over the past 5 years.
Debt Coverage: GUOCO's debt is well covered by operating cash flow (35.9%).
Interest Coverage: GUOCO's interest payments on its debt are not well covered by EBIT (2.8x coverage).