JKG Land Berhad Balance Sheet Health

Financial Health criteria checks 5/6

JKG Land Berhad has a total shareholder equity of MYR599.7M and total debt of MYR220.0M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are MYR909.9M and MYR310.2M respectively. JKG Land Berhad's EBIT is MYR63.2M making its interest coverage ratio 10.9. It has cash and short-term investments of MYR169.9M.

Key information

36.7%

Debt to equity ratio

RM 220.00m

Debt

Interest coverage ratio10.9x
CashRM 169.93m
EquityRM 599.70m
Total liabilitiesRM 310.21m
Total assetsRM 909.91m

Recent financial health updates

Recent updates

These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Safely

Nov 01
These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Safely

The Market Doesn't Like What It Sees From JKG Land Berhad's (KLSE:JKGLAND) Earnings Yet

Aug 13
The Market Doesn't Like What It Sees From JKG Land Berhad's (KLSE:JKGLAND) Earnings Yet

JKG Land Berhad (KLSE:JKGLAND) Seems To Use Debt Quite Sensibly

Dec 22
JKG Land Berhad (KLSE:JKGLAND) Seems To Use Debt Quite Sensibly

Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?

Aug 29
Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?

JKG Land Berhad (KLSE:JKGLAND) Ticks All The Boxes When It Comes To Earnings Growth

Oct 25
JKG Land Berhad (KLSE:JKGLAND) Ticks All The Boxes When It Comes To Earnings Growth

JKG Land Berhad's (KLSE:JKGLAND) Soft Earnings Are Actually Better Than They Appear

Jun 30
JKG Land Berhad's (KLSE:JKGLAND) Soft Earnings Are Actually Better Than They Appear

JKG Land Berhad (KLSE:JKGLAND) Has A Pretty Healthy Balance Sheet

May 11
JKG Land Berhad (KLSE:JKGLAND) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Extensively

Jan 10
These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Extensively

Is Now The Time To Put JKG Land Berhad (KLSE:JKGLAND) On Your Watchlist?

Nov 29
Is Now The Time To Put JKG Land Berhad (KLSE:JKGLAND) On Your Watchlist?

It's Unlikely That JKG Land Berhad's (KLSE:JKGLAND) CEO Will See A Huge Pay Rise This Year

Jul 02
It's Unlikely That JKG Land Berhad's (KLSE:JKGLAND) CEO Will See A Huge Pay Rise This Year

Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?

May 30
Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?

If You Like EPS Growth Then Check Out JKG Land Berhad (KLSE:JKGLAND) Before It's Too Late

May 04
If You Like EPS Growth Then Check Out JKG Land Berhad (KLSE:JKGLAND) Before It's Too Late

Does JKG Land Berhad (KLSE:JKGLAND) Have A Healthy Balance Sheet?

Feb 17
Does JKG Land Berhad (KLSE:JKGLAND) Have A Healthy Balance Sheet?

Here's Why I Think JKG Land Berhad (KLSE:JKGLAND) Might Deserve Your Attention Today

Jan 19
Here's Why I Think JKG Land Berhad (KLSE:JKGLAND) Might Deserve Your Attention Today

A Look At JKG Land Berhad's (KLSE:JKGLAND) Share Price Returns

Dec 29
A Look At JKG Land Berhad's (KLSE:JKGLAND) Share Price Returns

Improved Earnings Required Before JKG Land Berhad (KLSE:JKGLAND) Shares Find Their Feet

Dec 08
Improved Earnings Required Before JKG Land Berhad (KLSE:JKGLAND) Shares Find Their Feet

Financial Position Analysis

Short Term Liabilities: JKGLAND's short term assets (MYR514.7M) exceed its short term liabilities (MYR86.7M).

Long Term Liabilities: JKGLAND's short term assets (MYR514.7M) exceed its long term liabilities (MYR223.5M).


Debt to Equity History and Analysis

Debt Level: JKGLAND's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: JKGLAND's debt to equity ratio has reduced from 48.9% to 36.7% over the past 5 years.

Debt Coverage: JKGLAND's debt is not well covered by operating cash flow (20%).

Interest Coverage: JKGLAND's interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:20
End of Day Share Price 2024/12/23 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Industry and Sector Metrics

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Analyst Sources

JKG Land Berhad is covered by 1 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.

AnalystInstitution
Sean LimHong Leong Investment Bank Berhad