SMIS Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
SMIS Berhad has a total shareholder equity of MYR97.1M and total debt of MYR3.2M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are MYR130.6M and MYR33.5M respectively. SMIS Berhad's EBIT is MYR3.0M making its interest coverage ratio 138.5. It has cash and short-term investments of MYR38.4M.
Key information
3.3%
Debt to equity ratio
RM3.25m
Debt
| Interest coverage ratio | 138.5x |
| Cash | RM38.39m |
| Equity | RM97.11m |
| Total liabilities | RM33.48m |
| Total assets | RM130.59m |
Recent financial health updates
These 4 Measures Indicate That SMIS Corporation Berhad (KLSE:SMISCOR) Is Using Debt Reasonably Well
Feb 14
Does SMIS Corporation Berhad (KLSE:SMISCOR) Have A Healthy Balance Sheet?
Aug 13Is SMIS Corporation Berhad (KLSE:SMISCOR) Using Debt In A Risky Way?
Mar 17Is SMIS Corporation Berhad (KLSE:SMISCOR) A Risky Investment?
Nov 27Is SMIS Corporation Berhad (KLSE:SMISCOR) Using Too Much Debt?
Jul 24Is SMIS Corporation Berhad (KLSE:SMISCOR) Weighed On By Its Debt Load?
Mar 03Recent updates
Returns on Capital Paint A Bright Future For SMIS Corporation Berhad (KLSE:SMISCOR)
Nov 10SMIS Corporation Berhad (KLSE:SMISCOR) Is Achieving High Returns On Its Capital
Jun 20These 4 Measures Indicate That SMIS Corporation Berhad (KLSE:SMISCOR) Is Using Debt Reasonably Well
Feb 14Robust Earnings May Not Tell The Whole Story For SMIS Corporation Berhad (KLSE:SMISCOR)
Nov 29We Like These Underlying Return On Capital Trends At SMIS Corporation Berhad (KLSE:SMISCOR)
Sep 27Does SMIS Corporation Berhad (KLSE:SMISCOR) Have A Healthy Balance Sheet?
Aug 13Is SMIS Corporation Berhad (KLSE:SMISCOR) Using Debt In A Risky Way?
Mar 17Is SMIS Corporation Berhad (KLSE:SMISCOR) A Risky Investment?
Nov 27Returns On Capital Are Showing Encouraging Signs At SMIS Corporation Berhad (KLSE:SMISCOR)
Sep 17Is SMIS Corporation Berhad (KLSE:SMISCOR) Using Too Much Debt?
Jul 24The Return Trends At SMIS Corporation Berhad (KLSE:SMISCOR) Look Promising
Jun 01Is SMIS Corporation Berhad (KLSE:SMISCOR) Weighed On By Its Debt Load?
Mar 03How Much is SMIS Corporation Berhad's (KLSE:SMISCOR) CEO Getting Paid?
Nov 19
Financial Position Analysis
Short Term Liabilities: SMISCOR's short term assets (MYR88.1M) exceed its short term liabilities (MYR27.5M).
Long Term Liabilities: SMISCOR's short term assets (MYR88.1M) exceed its long term liabilities (MYR6.0M).
Debt to Equity History and Analysis
Debt Level: SMISCOR has more cash than its total debt.
Reducing Debt: SMISCOR's debt to equity ratio has reduced from 28% to 3.3% over the past 5 years.
Debt Coverage: SMISCOR's debt is well covered by operating cash flow (389%).
Interest Coverage: SMISCOR's interest payments on its debt are well covered by EBIT (138.5x coverage).