Joe Holding Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Joe Holding Berhad has a total shareholder equity of MYR186.7M and total debt of MYR64.7M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are MYR265.0M and MYR78.3M respectively.
Key information
34.6%
Debt to equity ratio
RM64.66m
Debt
| Interest coverage ratio | n/a |
| Cash | RM106.32m |
| Equity | RM186.67m |
| Total liabilities | RM78.35m |
| Total assets | RM265.02m |
Recent financial health updates
Joe Holding Berhad (KLSE:JOE) Has Debt But No Earnings; Should You Worry?
Mar 19
Health Check: How Prudently Does Joe Holding Berhad (KLSE:JOE) Use Debt?
Jul 24Is Joe Holding Berhad (KLSE:JOE) Using Debt In A Risky Way?
Mar 20Joe Holding Berhad (KLSE:JOE) Is In A Good Position To Deliver On Growth Plans
May 05We're Keeping An Eye On Joe Holding Berhad's (KLSE:JOE) Cash Burn Rate
Jan 20Is Joe Holding Berhad (KLSE:JOE) In A Good Position To Deliver On Growth Plans?
Sep 14Recent updates
Joe Holding Berhad (KLSE:JOE) Has Debt But No Earnings; Should You Worry?
Mar 19Health Check: How Prudently Does Joe Holding Berhad (KLSE:JOE) Use Debt?
Jul 24Calculating The Intrinsic Value Of Joe Holding Berhad (KLSE:JOE)
Jun 02Is Joe Holding Berhad (KLSE:JOE) Using Debt In A Risky Way?
Mar 20Joe Holding Berhad (KLSE:JOE) Is In A Good Position To Deliver On Growth Plans
May 05We're Keeping An Eye On Joe Holding Berhad's (KLSE:JOE) Cash Burn Rate
Jan 20There Are Some Reasons To Suggest That Joe Holding Berhad's (KLSE:JOE) Earnings A Poor Reflection Of Profitability
Oct 07Is Joe Holding Berhad (KLSE:JOE) In A Good Position To Deliver On Growth Plans?
Sep 14Estimating The Fair Value Of Joe Holding Berhad (KLSE:JOE)
Jun 01GPA Holdings Berhad (KLSE:GPA) Is In A Strong Position To Grow Its Business
Dec 27
Financial Position Analysis
Short Term Liabilities: JOE's short term assets (MYR137.9M) exceed its short term liabilities (MYR69.8M).
Long Term Liabilities: JOE's short term assets (MYR137.9M) exceed its long term liabilities (MYR8.5M).
Debt to Equity History and Analysis
Debt Level: JOE has more cash than its total debt.
Reducing Debt: JOE's debt to equity ratio has increased from 0% to 34.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JOE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: JOE has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 43.1% each year.