SMRT Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
SMRT Holdings Berhad has a total shareholder equity of MYR39.5M and total debt of MYR11.4M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are MYR61.4M and MYR22.0M respectively. SMRT Holdings Berhad's EBIT is MYR11.7M making its interest coverage ratio -8782.2. It has cash and short-term investments of MYR16.4M.
Key information
28.8%
Debt to equity ratio
RM11.37m
Debt
Interest coverage ratio | -8782.2x |
Cash | RM16.37m |
Equity | RM39.49m |
Total liabilities | RM21.96m |
Total assets | RM61.45m |
Recent financial health updates
SMRT Holdings Berhad (KLSE:SMRT) Has A Pretty Healthy Balance Sheet
Oct 10Here's Why SMRT Holdings Berhad (KLSE:SMRT) Can Manage Its Debt Responsibly
Jun 09Is SMRT Holdings Berhad (KLSE:SMRT) A Risky Investment?
Feb 16We Think SMRT Holdings Berhad (KLSE:SMRT) Is Taking Some Risk With Its Debt
Oct 17Here's Why SMRT Holdings Berhad (KLSE:SMRT) Has A Meaningful Debt Burden
Jun 07SMRT Holdings Berhad (KLSE:SMRT) Has Debt But No Earnings; Should You Worry?
Dec 29Recent updates
SMRT Holdings Berhad (KLSE:SMRT) Has A Pretty Healthy Balance Sheet
Oct 10Here's Why SMRT Holdings Berhad (KLSE:SMRT) Can Manage Its Debt Responsibly
Jun 09Is SMRT Holdings Berhad (KLSE:SMRT) A Risky Investment?
Feb 16Does SMRT Holdings Berhad (KLSE:SMRT) Deserve A Spot On Your Watchlist?
Dec 06We Think SMRT Holdings Berhad (KLSE:SMRT) Is Taking Some Risk With Its Debt
Oct 17There's No Escaping SMRT Holdings Berhad's (KLSE:SMRT) Muted Earnings
Sep 05Statutory Profit Doesn't Reflect How Good SMRT Holdings Berhad's (KLSE:SMRT) Earnings Are
Jun 02A Look At The Intrinsic Value Of SMRT Holdings Berhad (KLSE:SMRT)
Nov 29Here's Why SMRT Holdings Berhad (KLSE:SMRT) Has A Meaningful Debt Burden
Jun 07SMRT Holdings Berhad (KLSE:SMRT) Has Debt But No Earnings; Should You Worry?
Dec 29Financial Position Analysis
Short Term Liabilities: SMRT's short term assets (MYR39.7M) exceed its short term liabilities (MYR11.3M).
Long Term Liabilities: SMRT's short term assets (MYR39.7M) exceed its long term liabilities (MYR10.6M).
Debt to Equity History and Analysis
Debt Level: SMRT has more cash than its total debt.
Reducing Debt: SMRT's debt to equity ratio has increased from 13.8% to 28.8% over the past 5 years.
Debt Coverage: SMRT's debt is well covered by operating cash flow (421%).
Interest Coverage: SMRT earns more interest than it pays, so coverage of interest payments is not a concern.