$JOHOR PLANTATIONS GROUP BERHAD (5323.MY)$ more analysis fro...
$JOHOR PLANTATIONS GROUP BERHAD(5323.MY$ more analysis from Chatgpt for 2 more important ratios : 1==>To assess whether Johore Plantation Group Berhad (JPG)'s liabilities/assets ratio is doing well or poorly, we need to calculate the ratio and compare it to typical benchmarks. The liabilities/assets ratio is calculated as follows:
\[ \text{Liabilities/Assets Ratio} = \frac{\text{Total Liabilities}}{\text{Total Assets}} \]
From the provided data:
- **Total Assets**: RM 4,582,399 thousand
- **Total Liabilities**: RM 1,246,304 thousand (non-current borrowings) + RM 135,682 thousand (current trade and other payables) = RM 1,381,986 thousand
Now, we can calculate the liabilities/assets ratio:
\[ \text{Liabilities/Assets Ratio} = \frac{1,381,986}{4,582,399} \approx 0.301 \]
### Interpretation
A liabilities/assets ratio (or debt ratio) of 0.301 indicates that about 30.1% of JPG's assets are financed by liabilities.
### Comparison to Industry Benchmarks
- **Typical Benchmarks**: For most industries, a liabilities/assets ratio below 0.5 is generally considered healthy, indicating that the company is not overly reliant on debt to finance its assets.
- **Plantation Industry**: The plantation industry can sometimes operate with slightly higher leverage due to the capital-intensive nature of the business, but a ratio significantly above 0.5 might raise concerns about financial stability.
### Conclusion
With a liabilities/assets ratio of approximately 0.301, JPG is performing well in terms of financial leverage. This indicates a relatively conservative use of debt, suggesting that the company has a solid asset base relative to its liabilities. Therefore, JPG's liabilities/assets ratio is considered healthy and indicates good financial stability.
2==>To assess whether Johore Plantation Group Berhad (JPG)'s liabilities/equity ratio is doing well or poorly, we need to calculate the ratio and compare it to typical benchmarks. The liabilities/equity ratio (also known as the debt-to-equity ratio) is calculated as follows:
\[ \text{Liabilities/Equity Ratio} = \frac{\text{Total Liabilities}}{\text{Total Equity}} \]
From the provided data:
- **Total Liabilities**: RM 1,381,986 thousand
- **Total Equity**: RM 3,238,109 thousand
Now, we can calculate the liabilities/equity ratio:
\[ \text{Liabilities/Equity Ratio} = \frac{1,381,986}{3,238,109} \approx 0.427 \]
### Interpretation
A liabilities/equity ratio of 0.427 means that for every RM 1 of equity, JPG has RM 0.427 in liabilities.
### Comparison to Industry Benchmarks
- **Typical Benchmarks**: For most industries, a liabilities/equity ratio below 1.0 is generally considered healthy, indicating that the company has more equity than debt.
- **Plantation Industry**: Similar to the liabilities/assets ratio, the plantation industry might sometimes operate with higher leverage, but a ratio significantly above 1.0 could indicate potential financial risk.
### Conclusion
With a liabilities/equity ratio of approximately 0.427, JPG is performing well in terms of financial leverage. This indicates that the company has a strong equity base relative to its liabilities, which suggests financial stability and a lower risk profile. Therefore, JPG's liabilities/equity ratio is considered healthy and indicates good financial management.
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103257997 : a good buy or bye ?
103509899OP : I hv ordered 10 lots now pending ballot on 27/06 see how many shares that i get
103911561 : Great sharing, thank you