Lagenda Properties Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Lagenda Properties Berhad has a total shareholder equity of MYR1.1B and total debt of MYR302.4M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are MYR2.2B and MYR1.1B respectively. Lagenda Properties Berhad's EBIT is MYR228.5M making its interest coverage ratio 12.5. It has cash and short-term investments of MYR325.1M.

Key information

27.4%

Debt to equity ratio

RM302.37m

Debt

Interest coverage ratio	12.5x
Cash	RM325.05m
Equity	RM1.10b
Total liabilities	RM1.14b
Total assets	RM2.24b

Recent financial health updates

Recent updates

Does Lagenda Properties Berhad (KLSE:LAGENDA) Have A Healthy Balance Sheet?

May 08

We Think Lagenda Properties Berhad (KLSE:LAGENDA) Can Stay On Top Of Its Debt

Jan 08

Lagenda Properties Berhad's (KLSE:LAGENDA) Dividend Will Be MYR0.03

Sep 06

Lagenda Properties Berhad (KLSE:LAGENDA) Has Affirmed Its Dividend Of MYR0.03

Aug 23

Lagenda Properties Berhad (KLSE:LAGENDA) Has Announced A Dividend Of MYR0.035

Mar 01

Lagenda Properties Berhad (KLSE:LAGENDA) Is Due To Pay A Dividend Of MYR0.03

Aug 24

Estimating The Intrinsic Value Of Lagenda Properties Berhad (KLSE:LAGENDA)

Jul 28

Lagenda Properties Berhad (KLSE:LAGENDA) Seems To Use Debt Rather Sparingly

Aug 21

How Does Lagenda Properties Berhad (KLSE:LAGENDA) Stand Up To These Simple Dividend Safety Checks?

May 05

Here's Why I Think Lagenda Properties Berhad (KLSE:LAGENDA) Is An Interesting Stock

Mar 29

Calculating The Fair Value Of Lagenda Properties Berhad (KLSE:LAGENDA)

Feb 04

Here's Why We Don't Think Lagenda Properties Berhad's (KLSE:LAGENDA) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 31

Financial Position Analysis

Short Term Liabilities: LAGENDA's short term assets (MYR1.6B) exceed its short term liabilities (MYR1.0B).

Long Term Liabilities: LAGENDA's short term assets (MYR1.6B) exceed its long term liabilities (MYR125.6M).

Debt to Equity History and Analysis

Debt Level: LAGENDA has more cash than its total debt.

Reducing Debt: LAGENDA's debt to equity ratio has increased from 15.4% to 27.4% over the past 5 years.

Debt Coverage: LAGENDA's debt is well covered by operating cash flow (31.2%).

Interest Coverage: LAGENDA's interest payments on its debt are well covered by EBIT (12.5x coverage).

Lagenda Properties Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does Lagenda Properties Berhad (KLSE:LAGENDA) Have A Healthy Balance Sheet?

We Think Lagenda Properties Berhad (KLSE:LAGENDA) Can Stay On Top Of Its Debt

Lagenda Properties Berhad (KLSE:LAGENDA) Seems To Use Debt Rather Sparingly

Recent updates

Does Lagenda Properties Berhad (KLSE:LAGENDA) Have A Healthy Balance Sheet?

Full year 2023 earnings: EPS misses analyst expectations

Lagenda Properties Berhad, Annual General Meeting, Jun 24, 2024

Upcoming dividend of RM0.035 per share

Price target increased by 9.1% to RM1.79

Full year 2023 earnings released: EPS: RM0.18 (vs RM0.21 in FY 2022)

We Think Lagenda Properties Berhad (KLSE:LAGENDA) Can Stay On Top Of Its Debt

Consensus revenue estimates fall by 11%

Third quarter 2023 earnings released: EPS: RM0.046 (vs RM0.043 in 3Q 2022)

Lagenda Properties Berhad Announces Resignation of Lee Wei Jin as Chief Financial Officer

Upcoming dividend of RM0.03 per share at 4.9% yield

Lagenda Properties Berhad's (KLSE:LAGENDA) Dividend Will Be MYR0.03

Consensus EPS estimates fall by 17%

Lagenda Properties Berhad (KLSE:LAGENDA) Has Affirmed Its Dividend Of MYR0.03

Lagenda Properties Berhad Declares Single Tier Interim Dividend, Payable on September 25, 2023

Price target decreased by 9.1% to RM1.66

Second quarter 2023 earnings released: EPS: RM0.04 (vs RM0.06 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.047 (vs RM0.056 in 1Q 2022)

Upcoming dividend of RM0.035 per share at 5.1% yield

Lagenda Properties Berhad (KLSE:LAGENDA) Has Announced A Dividend Of MYR0.035

Full year 2022 earnings released: EPS: RM0.21 (vs RM0.25 in FY 2021)

Price target increased by 12% to RM1.82

Consensus revenue estimates fall by 16%

Lagenda Properties Berhad Announces Dividend Policy

Third quarter 2022 earnings released: EPS: RM0.043 (vs RM0.057 in 3Q 2021)

Upcoming dividend of RM0.03 per share

Lagenda Properties Berhad (KLSE:LAGENDA) Is Due To Pay A Dividend Of MYR0.03

Lagenda Properties Berhad Announces Single Tier Interim Dividend, Payable on September 26, 2022

Lagenda Properties Berhad Announces Single Tier Interim Dividend, Payable on September 26, 2022

Second quarter 2022 earnings released: EPS: RM0.06 (vs RM0.055 in 2Q 2021)

Lagenda Properties Berhad Announces Appointment of Liew See See as Joint Secretary

High number of new directors

Estimating The Intrinsic Value Of Lagenda Properties Berhad (KLSE:LAGENDA)

Price target decreased to RM1.76

Full year 2021 earnings: EPS exceeds analyst expectations

Lagenda Properties Berhad, Annual General Meeting, Jun 27, 2022

High number of new and inexperienced directors

Upcoming dividend of RM0.035 per share

Lagenda Properties Berhad Announces Single Tier Second Interim Dividend for the Financial Year Ended December 31, 2021, Payable on April 11, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

High number of new and inexperienced directors

High number of new and inexperienced directors

Third quarter 2021 earnings released: EPS RM0.057 (vs RM0.30 in 3Q 2020)

Upcoming dividend of RM0.03 per share

Investor sentiment improved over the past week

Lagenda Properties Berhad (KLSE:LAGENDA) Seems To Use Debt Rather Sparingly

Second quarter 2021 earnings released: EPS RM0.055 (vs RM0.19 in 2Q 2020)

First quarter 2021 earnings released: EPS RM0.075 (vs RM0.04 in 1Q 2020)

How Does Lagenda Properties Berhad (KLSE:LAGENDA) Stand Up To These Simple Dividend Safety Checks?

Full year 2020 earnings released: EPS RM0.54 (vs RM0.41 in FY 2019)

Here's Why I Think Lagenda Properties Berhad (KLSE:LAGENDA) Is An Interesting Stock

Lagenda Properties Berhad Appoint Lim Pang Kiam Independent and Non Executive Director

First Dividend Is RM0.025 Per Share

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS RM0.60 (vs RM0.091 in FY 2019)

Lagenda Properties Berhad Plans to Launch Its Third Affordable Housing Township in Tapah, Perak

Investor sentiment improved over the past week

Calculating The Fair Value Of Lagenda Properties Berhad (KLSE:LAGENDA)

New 90-day high: RM1.54

Lagenda Properties Berhad has completed a Follow-on Equity Offering in the amount of MYR 138.643 million.

Investor sentiment improved over the past week

New 90-day high: RM1.42

Here's Why We Don't Think Lagenda Properties Berhad's (KLSE:LAGENDA) Statutory Earnings Reflect Its Underlying Earnings Potential

New 90-day high: RM1.22

Third quarter 2020 earnings released: EPS RM0.30

Market bids up stock over the past week

New 90-day high: RM0.94

Dato’ Ding Seng Huat, Group Managing Director and shareholder of Lagenda Properties Berhad (KLSE:LAGENDA) exercised put option to acquire remaining 49% stake in 6 companies in Malaysia from Lagenda Properties Berhad (KLSE:LAGENDA) for MYR 9.8 million.

Lagenda Enters into Joint Development Agreement Wih Taraf Nusantara Sdn. Bhd. for the Joint Development of 4 Parcels of Lands

New 90-day high - RM0.91

Lagenda Properties Berhad (KLSE:LAGENDA) completed the acquisition of Rantau Urusan (M) Sdn Bhd from Dato’ Doh Jee Ming, Dato’ Doh Tee Leong and Dato’ Doh Jee Chai.

New 90-day high - RM0.89