Selangor Dredging Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Selangor Dredging Berhad has a total shareholder equity of MYR877.4M and total debt of MYR431.7M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are MYR1.4B and MYR544.6M respectively. Selangor Dredging Berhad's EBIT is MYR4.7M making its interest coverage ratio 0.2. It has cash and short-term investments of MYR33.1M.
Key information
49.2%
Debt to equity ratio
RM431.73m
Debt
| Interest coverage ratio | 0.2x |
| Cash | RM33.11m |
| Equity | RM877.40m |
| Total liabilities | RM544.62m |
| Total assets | RM1.42b |
Recent financial health updates
Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Jul 05
Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Jun 20Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Feb 10Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Mar 24Does Selangor Dredging Berhad (KLSE:SDRED) Have A Healthy Balance Sheet?
Dec 24Recent updates
Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Jul 05We Discuss Why Selangor Dredging Berhad's (KLSE:SDRED) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Sep 22Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Jun 20Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Feb 10Is Selangor Dredging Berhad (KLSE:SDRED) A Risky Investment?
Mar 24If You Had Bought Selangor Dredging Berhad's (KLSE:SDRED) Shares Five Years Ago You Would Be Down 44%
Jan 28Does Selangor Dredging Berhad (KLSE:SDRED) Have A Healthy Balance Sheet?
Dec 24Why Selangor Dredging Berhad's (KLSE:SDRED) CEO Pay Matters
Nov 19Financial Position Analysis
Short Term Liabilities: SDRED's short term assets (MYR550.4M) exceed its short term liabilities (MYR341.1M).
Long Term Liabilities: SDRED's short term assets (MYR550.4M) exceed its long term liabilities (MYR203.5M).
Debt to Equity History and Analysis
Debt Level: SDRED's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: SDRED's debt to equity ratio has increased from 48.4% to 49.2% over the past 5 years.
Debt Coverage: SDRED's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SDRED's interest payments on its debt are not well covered by EBIT (0.2x coverage).