Titijaya Land Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Titijaya Land Berhad has a total shareholder equity of MYR1.3B and total debt of MYR304.4M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are MYR2.5B and MYR1.2B respectively. Titijaya Land Berhad's EBIT is MYR3.1M making its interest coverage ratio 0.5. It has cash and short-term investments of MYR167.6M.
Key information
23.0%
Debt to equity ratio
RM 304.41m
Debt
| Interest coverage ratio | 0.5x |
| Cash | RM 167.59m |
| Equity | RM 1.32b |
| Total liabilities | RM 1.15b |
| Total assets | RM 2.47b |
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
Earnings Troubles May Signal Larger Issues for Titijaya Land Berhad (KLSE:TITIJYA) Shareholders
May 31Titijaya 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 (MYR802.7M) exceed its short term liabilities (MYR697.3M).
Long Term Liabilities: TITIJYA's short term assets (MYR802.7M) exceed its long term liabilities (MYR453.1M).
Debt to Equity History and Analysis
Debt Level: TITIJYA's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: TITIJYA's debt to equity ratio has reduced from 40.7% to 23% over the past 5 years.
Debt Coverage: TITIJYA's debt is well covered by operating cash flow (30.6%).
Interest Coverage: TITIJYA's interest payments on its debt are not well covered by EBIT (0.5x coverage).