SMRT Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
SMRT Holdings Berhad has a total shareholder equity of MYR75.6M and total debt of MYR10.4M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are MYR93.8M and MYR18.2M respectively. SMRT Holdings Berhad's EBIT is MYR27.3M making its interest coverage ratio 57.5. It has cash and short-term investments of MYR24.7M.
Key information
13.7%
Debt to equity ratio
RM 10.39m
Debt
Interest coverage ratio | 57.5x |
Cash | RM 24.74m |
Equity | RM 75.56m |
Total liabilities | RM 18.21m |
Total assets | RM 93.77m |
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
There May Be Underlying Issues With The Quality Of SMRT Holdings Berhad's (KLSE:SMRT) Earnings
Nov 08SMRT 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 (MYR71.0M) exceed its short term liabilities (MYR8.6M).
Long Term Liabilities: SMRT's short term assets (MYR71.0M) exceed its long term liabilities (MYR9.6M).
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 8.8% to 13.7% over the past 5 years.
Debt Coverage: SMRT's debt is well covered by operating cash flow (136.3%).
Interest Coverage: SMRT's interest payments on its debt are well covered by EBIT (57.5x coverage).