Southern Steel Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Southern Steel Berhad has a total shareholder equity of MYR547.2M and total debt of MYR816.1M, which brings its debt-to-equity ratio to 149.1%. Its total assets and total liabilities are MYR1.8B and MYR1.2B respectively.
Key information
149.1%
Debt to equity ratio
RM 816.08m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 102.61m |
| Equity | RM 547.20m |
| Total liabilities | RM 1.22b |
| Total assets | RM 1.76b |
Recent financial health updates
Is Southern Steel Berhad (KLSE:SSTEEL) A Risky Investment?
Oct 20
Southern Steel Berhad (KLSE:SSTEEL) Has Debt But No Earnings; Should You Worry?
May 10Is Southern Steel Berhad (KLSE:SSTEEL) Using Too Much Debt?
Sep 05Is Southern Steel Berhad (KLSE:SSTEEL) Using Too Much Debt?
May 30Is Southern Steel Berhad (KLSE:SSTEEL) Using Debt In A Risky Way?
Apr 12Is Southern Steel Berhad (KLSE:SSTEEL) Using Debt Sensibly?
Dec 09
Recent updates
Southern Steel Berhad's (KLSE:SSTEEL) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 04Is Southern Steel Berhad (KLSE:SSTEEL) A Risky Investment?
Oct 20Southern Steel Berhad's (KLSE:SSTEEL) Business Is Yet to Catch Up With Its Share Price
Aug 21Southern Steel Berhad (KLSE:SSTEEL) Has Debt But No Earnings; Should You Worry?
May 10Southern Steel Berhad (KLSE:SSTEEL) Hasn't Managed To Accelerate Its Returns
Oct 03Is Southern Steel Berhad (KLSE:SSTEEL) Using Too Much Debt?
Sep 05Is Southern Steel Berhad (KLSE:SSTEEL) Using Too Much Debt?
May 30Estimating The Intrinsic Value Of Southern Steel Berhad (KLSE:SSTEEL)
Sep 26Returns On Capital Are Showing Encouraging Signs At Southern Steel Berhad (KLSE:SSTEEL)
Aug 31Southern Steel Berhad (KLSE:SSTEEL) Is Experiencing Growth In Returns On Capital
May 27Is Southern Steel Berhad (KLSE:SSTEEL) Using Debt In A Risky Way?
Apr 12Does Southern Steel Berhad's (KLSE:SSTEEL) CEO Salary Compare Well With The Performance Of The Company?
Feb 18Southern Steel Berhad's(KLSE:SSTEEL) Share Price Is Down 67% Over The Past Three Years.
Jan 13Is Southern Steel Berhad (KLSE:SSTEEL) Using Debt Sensibly?
Dec 09Financial Position Analysis
Short Term Liabilities: SSTEEL's short term assets (MYR736.8M) do not cover its short term liabilities (MYR1.0B).
Long Term Liabilities: SSTEEL's short term assets (MYR736.8M) exceed its long term liabilities (MYR178.9M).
Debt to Equity History and Analysis
Debt Level: SSTEEL's net debt to equity ratio (130.4%) is considered high.
Reducing Debt: SSTEEL's debt to equity ratio has increased from 140.8% to 149.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SSTEEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SSTEEL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Southern Steel Berhad is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Su Peng Ng | CFRA Equity Research |
| Seow Hon | DBS Vickers Research |
| Sem Ng | OSK-DMG |