Lagenda Properties Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Lagenda Properties Berhad has a total shareholder equity of MYR1.2B and total debt of MYR803.6M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are MYR2.5B and MYR1.4B respectively. Lagenda Properties Berhad's EBIT is MYR264.0M making its interest coverage ratio 13.6. It has cash and short-term investments of MYR225.8M.
Key information
69.1%
Debt to equity ratio
RM 803.58m
Debt
| Interest coverage ratio | 13.6x |
| Cash | RM 225.84m |
| Equity | RM 1.16b |
| Total liabilities | RM 1.39b |
| Total assets | RM 2.55b |
Recent financial health 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 08Lagenda Properties Berhad (KLSE:LAGENDA) Seems To Use Debt Rather Sparingly
Aug 21Recent updates
Lagenda Properties Berhad (KLSE:LAGENDA) Has Announced A Dividend Of MYR0.03
Aug 21Market Cool On Lagenda Properties Berhad's (KLSE:LAGENDA) Earnings Pushing Shares 28% Lower
Jun 07Lagenda Properties Berhad's (KLSE:LAGENDA) Shareholders Have More To Worry About Than Only Soft Earnings
Jun 03Does Lagenda Properties Berhad (KLSE:LAGENDA) Have A Healthy Balance Sheet?
May 08We Think Lagenda Properties Berhad (KLSE:LAGENDA) Can Stay On Top Of Its Debt
Jan 08Lagenda Properties Berhad's (KLSE:LAGENDA) Dividend Will Be MYR0.03
Sep 06Lagenda Properties Berhad (KLSE:LAGENDA) Has Affirmed Its Dividend Of MYR0.03
Aug 23Lagenda Properties Berhad (KLSE:LAGENDA) Has Announced A Dividend Of MYR0.035
Mar 01Lagenda Properties Berhad (KLSE:LAGENDA) Is Due To Pay A Dividend Of MYR0.03
Aug 24Estimating The Intrinsic Value Of Lagenda Properties Berhad (KLSE:LAGENDA)
Jul 28Lagenda Properties Berhad (KLSE:LAGENDA) Seems To Use Debt Rather Sparingly
Aug 21How Does Lagenda Properties Berhad (KLSE:LAGENDA) Stand Up To These Simple Dividend Safety Checks?
May 05Here's Why I Think Lagenda Properties Berhad (KLSE:LAGENDA) Is An Interesting Stock
Mar 29Calculating The Fair Value Of Lagenda Properties Berhad (KLSE:LAGENDA)
Feb 04Here'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 (MYR1.8B) exceed its short term liabilities (MYR956.6M).
Long Term Liabilities: LAGENDA's short term assets (MYR1.8B) exceed its long term liabilities (MYR430.8M).
Debt to Equity History and Analysis
Debt Level: LAGENDA's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: LAGENDA's debt to equity ratio has increased from 42% to 69.1% over the past 5 years.
Debt Coverage: LAGENDA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LAGENDA's interest payments on its debt are well covered by EBIT (13.6x coverage).