Sime Darby Plantation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sime Darby Plantation Berhad has a total shareholder equity of MYR20.4B and total debt of MYR5.3B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are MYR31.9B and MYR11.5B respectively. Sime Darby Plantation Berhad's EBIT is MYR1.8B making its interest coverage ratio 10.1. It has cash and short-term investments of MYR850.1M.
Key information
25.9%
Debt to equity ratio
RM5.28b
Debt
Interest coverage ratio | 10.1x |
Cash | RM850.06m |
Equity | RM20.41b |
Total liabilities | RM11.48b |
Total assets | RM31.89b |
Recent financial health updates
Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Meaningful Debt Burden
Feb 03These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Extensively
Oct 12These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Reasonably Well
May 27Is Sime Darby Plantation Berhad (KLSE:SIMEPLT) Using Too Much Debt?
Feb 04Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Can Manage Its Debt Responsibly
Sep 30Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Pretty Healthy Balance Sheet
Jun 18Recent updates
Returns Are Gaining Momentum At Sime Darby Plantation Berhad (KLSE:SIMEPLT)
May 21Earnings Troubles May Signal Larger Issues for Sime Darby Plantation Berhad (KLSE:SIMEPLT) Shareholders
May 02Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Paying Out A Larger Dividend Than Last Year
Apr 25Are Sime Darby Plantation Berhad (KLSE:SIMEPLT) Investors Paying Above The Intrinsic Value?
Mar 28Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Meaningful Debt Burden
Feb 03Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Shares Lagging The Market But So Is The Business
Jan 16Returns Are Gaining Momentum At Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Jan 01Are Investors Undervaluing Sime Darby Plantation Berhad (KLSE:SIMEPLT) By 32%?
Nov 13Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has Announced That Its Dividend Will Be Reduced To MYR0.0325
Oct 27These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Extensively
Oct 12Sime Darby Plantation Berhad (KLSE:SIMEPLT) Could Be Struggling To Allocate Capital
Sep 26Sime Darby Plantation Berhad (KLSE:SIMEPLT) Will Pay A Smaller Dividend Than Last Year
Sep 08Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 25Sime Darby Plantation Berhad (KLSE:SIMEPLT) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 18Be Wary Of Sime Darby Plantation Berhad (KLSE:SIMEPLT) And Its Returns On Capital
Jun 12These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Reasonably Well
May 27Is Sime Darby Plantation Berhad (KLSE:SIMEPLT) Worth RM4.5 Based On Its Intrinsic Value?
Mar 07Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has Announced That Its Dividend Will Be Reduced To MYR0.0604
Feb 20Is Sime Darby Plantation Berhad (KLSE:SIMEPLT) Using Too Much Debt?
Feb 04Return Trends At Sime Darby Plantation Berhad (KLSE:SIMEPLT) Aren't Appealing
Dec 12Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Can Manage Its Debt Responsibly
Sep 30Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Dividend Will Be Increased To MYR0.10
Aug 25Returns On Capital Are Showing Encouraging Signs At Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Aug 18Estimating The Fair Value Of Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Aug 03Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Pretty Healthy Balance Sheet
Jun 18Financial Position Analysis
Short Term Liabilities: SIMEPLT's short term assets (MYR6.4B) exceed its short term liabilities (MYR4.8B).
Long Term Liabilities: SIMEPLT's short term assets (MYR6.4B) do not cover its long term liabilities (MYR6.7B).
Debt to Equity History and Analysis
Debt Level: SIMEPLT's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: SIMEPLT's debt to equity ratio has reduced from 46.3% to 25.9% over the past 5 years.
Debt Coverage: SIMEPLT's debt is well covered by operating cash flow (58.2%).
Interest Coverage: SIMEPLT's interest payments on its debt are well covered by EBIT (10.1x coverage).