Sims Balance Sheet Health
Financial Health criteria checks 4/6
Sims has a total shareholder equity of A$2.6B and total debt of A$505.0M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are A$4.9B and A$2.3B respectively.
Key information
19.7%
Debt to equity ratio
AU$505.00m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$114.00m |
| Equity | AU$2.56b |
| Total liabilities | AU$2.34b |
| Total assets | AU$4.90b |
Recent financial health updates
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Dec 20
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Feb 24These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively
Sep 11Does Sims (ASX:SGM) Have A Healthy Balance Sheet?
Mar 30Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly
Nov 29Recent updates
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Dec 20A Look At The Fair Value Of Sims Limited (ASX:SGM)
Nov 07There Is A Reason Sims Limited's (ASX:SGM) Price Is Undemanding
Sep 16Sims Limited's (ASX:SGM) Subdued P/E Might Signal An Opportunity
May 07Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Feb 24Is Sims Limited (ASX:SGM) Trading At A 30% Discount?
Dec 22Sims' (ASX:SGM) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 28These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively
Sep 11Sims' (ASX:SGM) Dividend Is Being Reduced To A$0.21
Aug 18Sims (ASX:SGM) Will Want To Turn Around Its Return Trends
Jul 12Do Sims' (ASX:SGM) Earnings Warrant Your Attention?
May 26Sims (ASX:SGM) Might Be Having Difficulty Using Its Capital Effectively
Apr 12Does Sims (ASX:SGM) Have A Healthy Balance Sheet?
Mar 30Calculating The Fair Value Of Sims Limited (ASX:SGM)
Mar 15There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital
Dec 16Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly
Nov 29If EPS Growth Is Important To You, Sims (ASX:SGM) Presents An Opportunity
Nov 08Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Sims (ASX:SGM) Might Have The Makings Of A Multi-Bagger
Jul 19Are Investors Undervaluing Sims Limited (ASX:SGM) By 48%?
May 18Returns On Capital Are Showing Encouraging Signs At Sims (ASX:SGM)
Apr 12Financial Position Analysis
Short Term Liabilities: SGM's short term assets (A$2.1B) exceed its short term liabilities (A$1.4B).
Long Term Liabilities: SGM's short term assets (A$2.1B) exceed its long term liabilities (A$912.7M).
Debt to Equity History and Analysis
Debt Level: SGM's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: SGM's debt to equity ratio has increased from 1.5% to 19.7% over the past 5 years.
Debt Coverage: SGM's debt is well covered by operating cash flow (40.1%).
Interest Coverage: Insufficient data to determine if SGM's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sims Limited is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gordon Anderson | APP Securities Pty Ltd. |
| Megan Kirby-Lewis | Barrenjoey Markets Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |