JKG Land Berhad Balance Sheet Health
Financial Health criteria checks 5/6
JKG Land Berhad has a total shareholder equity of MYR569.8M and total debt of MYR220.0M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are MYR844.9M and MYR275.1M respectively. JKG Land Berhad's EBIT is MYR34.1M making its interest coverage ratio 4.9. It has cash and short-term investments of MYR145.9M.
Key information
38.6%
Debt to equity ratio
RM220.00m
Debt
| Interest coverage ratio | 4.9x |
| Cash | RM145.91m |
| Equity | RM569.77m |
| Total liabilities | RM275.11m |
| Total assets | RM844.88m |
Recent financial health updates
JKG Land Berhad (KLSE:JKGLAND) Seems To Use Debt Quite Sensibly
Dec 22
Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?
Aug 29JKG Land Berhad (KLSE:JKGLAND) Has A Pretty Healthy Balance Sheet
May 11These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Extensively
Jan 10Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?
May 30Does JKG Land Berhad (KLSE:JKGLAND) Have A Healthy Balance Sheet?
Feb 17
Recent updates
JKG Land Berhad (KLSE:JKGLAND) Seems To Use Debt Quite Sensibly
Dec 22Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?
Aug 29JKG Land Berhad (KLSE:JKGLAND) Ticks All The Boxes When It Comes To Earnings Growth
Oct 25JKG Land Berhad's (KLSE:JKGLAND) Soft Earnings Are Actually Better Than They Appear
Jun 30JKG Land Berhad (KLSE:JKGLAND) Has A Pretty Healthy Balance Sheet
May 11These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Extensively
Jan 10Is Now The Time To Put JKG Land Berhad (KLSE:JKGLAND) On Your Watchlist?
Nov 29It's Unlikely That JKG Land Berhad's (KLSE:JKGLAND) CEO Will See A Huge Pay Rise This Year
Jul 02Is JKG Land Berhad (KLSE:JKGLAND) Using Too Much Debt?
May 30If You Like EPS Growth Then Check Out JKG Land Berhad (KLSE:JKGLAND) Before It's Too Late
May 04Does JKG Land Berhad (KLSE:JKGLAND) Have A Healthy Balance Sheet?
Feb 17Here's Why I Think JKG Land Berhad (KLSE:JKGLAND) Might Deserve Your Attention Today
Jan 19A Look At JKG Land Berhad's (KLSE:JKGLAND) Share Price Returns
Dec 29Improved Earnings Required Before JKG Land Berhad (KLSE:JKGLAND) Shares Find Their Feet
Dec 08Financial Position Analysis
Short Term Liabilities: JKGLAND's short term assets (MYR457.7M) exceed its short term liabilities (MYR55.1M).
Long Term Liabilities: JKGLAND's short term assets (MYR457.7M) exceed its long term liabilities (MYR220.0M).
Debt to Equity History and Analysis
Debt Level: JKGLAND's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: JKGLAND's debt to equity ratio has reduced from 40.4% to 38.6% over the past 5 years.
Debt Coverage: JKGLAND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JKGLAND's interest payments on its debt are well covered by EBIT (4.9x coverage).