Titijaya Land Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Titijaya Land Berhad has a total shareholder equity of MYR1.3B and total debt of MYR242.5M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are MYR2.3B and MYR951.7M respectively. Titijaya Land Berhad's EBIT is MYR3.0M making its interest coverage ratio -4. It has cash and short-term investments of MYR236.1M.
Key information
18.6%
Debt to equity ratio
RM242.50m
Debt
| Interest coverage ratio | -4x |
| Cash | RM236.11m |
| Equity | RM1.30b |
| Total liabilities | RM951.71m |
| Total assets | RM2.26b |
Recent financial health updates
Titijaya Land Berhad (KLSE:TITIJYA) Has A Somewhat Strained Balance Sheet
Mar 28
Here's Why Titijaya Land Berhad (KLSE:TITIJYA) Has A Meaningful Debt Burden
Oct 18Is Titijaya Land Berhad (KLSE:TITIJYA) Using Too Much Debt?
May 13Is Titijaya Land Berhad (KLSE:TITIJYA) Using Too Much Debt?
Jan 13Recent updates
Titijaya Land Berhad (KLSE:TITIJYA) Has A Somewhat Strained Balance Sheet
Mar 28Here's Why Titijaya Land Berhad (KLSE:TITIJYA) Has A Meaningful Debt Burden
Oct 18Is Titijaya Land Berhad (KLSE:TITIJYA) Using Too Much Debt?
May 13Titijaya Land Berhad (KLSE:TITIJYA) Shareholders Booked A 43% Gain In The Last Year
Mar 07Is Titijaya Land Berhad (KLSE:TITIJYA) Using Too Much Debt?
Jan 13Titijaya Land Berhad's (KLSE:TITIJYA) Shareholders Are Down 54% On Their Shares
Nov 19
Financial Position Analysis
Short Term Liabilities: TITIJYA's short term assets (MYR750.2M) exceed its short term liabilities (MYR639.5M).
Long Term Liabilities: TITIJYA's short term assets (MYR750.2M) exceed its long term liabilities (MYR312.2M).
Debt to Equity History and Analysis
Debt Level: TITIJYA's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: TITIJYA's debt to equity ratio has reduced from 40.2% to 18.6% over the past 5 years.
Debt Coverage: TITIJYA's debt is well covered by operating cash flow (57.6%).
Interest Coverage: TITIJYA earns more interest than it pays, so coverage of interest payments is not a concern.