Land & General Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Land & General Berhad has a total shareholder equity of MYR1.2B and total debt of MYR230.0M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are MYR1.7B and MYR457.1M respectively. Land & General Berhad's EBIT is MYR54.2M making its interest coverage ratio 7.4. It has cash and short-term investments of MYR190.3M.
Key information
18.7%
Debt to equity ratio
RM229.97m
Debt
Interest coverage ratio | 7.4x |
Cash | RM190.28m |
Equity | RM1.23b |
Total liabilities | RM457.10m |
Total assets | RM1.68b |
Recent financial health updates
Land & General Berhad (KLSE:L&G) Has A Pretty Healthy Balance Sheet
Jul 14These 4 Measures Indicate That Land & General Berhad (KLSE:L&G) Is Using Debt Reasonably Well
Apr 03Is Land & General Berhad (KLSE:L&G) A Risky Investment?
Dec 27Land & General Berhad (KLSE:L&G) Has A Somewhat Strained Balance Sheet
Mar 28Is Land & General Berhad (KLSE:L&G) Using Too Much Debt?
Dec 20Recent updates
Land & General Berhad (KLSE:L&G) Has A Pretty Healthy Balance Sheet
Jul 14These 4 Measures Indicate That Land & General Berhad (KLSE:L&G) Is Using Debt Reasonably Well
Apr 03Is Land & General Berhad (KLSE:L&G) A Risky Investment?
Dec 27Shareholders May Be More Conservative With Land & General Berhad's (KLSE:L&G) CEO Compensation For Now
Sep 08Land & General Berhad (KLSE:L&G) Has A Somewhat Strained Balance Sheet
Mar 28What Type Of Returns Would Land & General Berhad's (KLSE:L&G) Shareholders Have Received Over The Course Of The Last Five Years?
Feb 21How Much Is Land & General Berhad (KLSE:L&G) CEO Getting Paid?
Jan 18Is Land & General Berhad (KLSE:L&G) Using Too Much Debt?
Dec 20Land & General Berhad's (KLSE:L&G) Stock Price Has Reduced 76% In The Past Five Years
Nov 23Financial Position Analysis
Short Term Liabilities: L&G's short term assets (MYR617.6M) exceed its short term liabilities (MYR181.4M).
Long Term Liabilities: L&G's short term assets (MYR617.6M) exceed its long term liabilities (MYR275.7M).
Debt to Equity History and Analysis
Debt Level: L&G's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: L&G's debt to equity ratio has increased from 17.4% to 18.7% over the past 5 years.
Debt Coverage: L&G's debt is well covered by operating cash flow (31.7%).
Interest Coverage: L&G's interest payments on its debt are well covered by EBIT (7.4x coverage).