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 ratio57.5x
CashRM 24.74m
EquityRM 75.56m
Total liabilitiesRM 18.21m
Total assetsRM 93.77m

Recent financial health updates

Recent updates

There May Be Underlying Issues With The Quality Of SMRT Holdings Berhad's (KLSE:SMRT) Earnings

Nov 08
There May Be Underlying Issues With The Quality Of SMRT Holdings Berhad's (KLSE:SMRT) Earnings

SMRT Holdings Berhad (KLSE:SMRT) Has A Pretty Healthy Balance Sheet

Oct 10
SMRT Holdings Berhad (KLSE:SMRT) Has A Pretty Healthy Balance Sheet

Here's Why SMRT Holdings Berhad (KLSE:SMRT) Can Manage Its Debt Responsibly

Jun 09
Here's Why SMRT Holdings Berhad (KLSE:SMRT) Can Manage Its Debt Responsibly

Is SMRT Holdings Berhad (KLSE:SMRT) A Risky Investment?

Feb 16
Is SMRT Holdings Berhad (KLSE:SMRT) A Risky Investment?

Does SMRT Holdings Berhad (KLSE:SMRT) Deserve A Spot On Your Watchlist?

Dec 06
Does SMRT Holdings Berhad (KLSE:SMRT) Deserve A Spot On Your Watchlist?

We Think SMRT Holdings Berhad (KLSE:SMRT) Is Taking Some Risk With Its Debt

Oct 17
We Think SMRT Holdings Berhad (KLSE:SMRT) Is Taking Some Risk With Its Debt

There's No Escaping SMRT Holdings Berhad's (KLSE:SMRT) Muted Earnings

Sep 05
There's No Escaping SMRT Holdings Berhad's (KLSE:SMRT) Muted Earnings

Statutory Profit Doesn't Reflect How Good SMRT Holdings Berhad's (KLSE:SMRT) Earnings Are

Jun 02
Statutory Profit Doesn't Reflect How Good SMRT Holdings Berhad's (KLSE:SMRT) Earnings Are

A Look At The Intrinsic Value Of SMRT Holdings Berhad (KLSE:SMRT)

Nov 29
A Look At The Intrinsic Value Of SMRT Holdings Berhad (KLSE:SMRT)

Here's Why SMRT Holdings Berhad (KLSE:SMRT) Has A Meaningful Debt Burden

Jun 07
Here's Why SMRT Holdings Berhad (KLSE:SMRT) Has A Meaningful Debt Burden

SMRT Holdings Berhad (KLSE:SMRT) Has Debt But No Earnings; Should You Worry?

Dec 29
SMRT Holdings Berhad (KLSE:SMRT) Has Debt But No Earnings; Should You Worry?

Financial 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).


Balance Sheet


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