JKG Land Berhad Balance Sheet Health
Financial Health criteria checks 6/6
JKG Land Berhad has a total shareholder equity of MYR596.1M and total debt of MYR220.0M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are MYR884.9M and MYR288.8M respectively. JKG Land Berhad's EBIT is MYR64.3M making its interest coverage ratio 10.4. It has cash and short-term investments of MYR184.0M.
Key information
36.9%
Debt to equity ratio
RM 220.00m
Debt
| Interest coverage ratio | 10.4x |
| Cash | RM 184.05m |
| Equity | RM 596.10m |
| Total liabilities | RM 288.80m |
| Total assets | RM 884.90m |
Recent financial health updates
These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Safely
Nov 01
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) 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 30Recent updates
These 4 Measures Indicate That JKG Land Berhad (KLSE:JKGLAND) Is Using Debt Safely
Nov 01The Market Doesn't Like What It Sees From JKG Land Berhad's (KLSE:JKGLAND) Earnings Yet
Aug 13JKG 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 17
Here'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 (MYR491.3M) exceed its short term liabilities (MYR65.1M).
Long Term Liabilities: JKGLAND's short term assets (MYR491.3M) exceed its long term liabilities (MYR223.7M).
Debt to Equity History and Analysis
Debt Level: JKGLAND's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: JKGLAND's debt to equity ratio has reduced from 50% to 36.9% over the past 5 years.
Debt Coverage: JKGLAND's debt is well covered by operating cash flow (25.9%).
Interest Coverage: JKGLAND's interest payments on its debt are well covered by EBIT (10.4x coverage).