Sime Darby Property Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sime Darby Property Berhad has a total shareholder equity of MYR10.3B and total debt of MYR2.9B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are MYR15.9B and MYR5.6B respectively. Sime Darby Property Berhad's EBIT is MYR612.5M making its interest coverage ratio -14.4. It has cash and short-term investments of MYR375.6M.
Key information
28.1%
Debt to equity ratio
RM2.89b
Debt
| Interest coverage ratio | -14.4x |
| Cash | RM375.60m |
| Equity | RM10.28b |
| Total liabilities | RM5.65b |
| Total assets | RM15.93b |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Sime Darby Property Berhad (KLSE:SIMEPROP) Is Unlikely
Mar 22
There's No Escaping Sime Darby Property Berhad's (KLSE:SIMEPROP) Muted Earnings
Dec 22Is There Now An Opportunity In Sime Darby Property Berhad (KLSE:SIMEPROP)?
Nov 20Sime Darby Property Berhad (KLSE:SIMEPROP) Is Due To Pay A Dividend Of MYR0.01
Aug 30Is It Time To Consider Buying Sime Darby Property Berhad (KLSE:SIMEPROP)?
Aug 14At RM0.42, Is It Time To Put Sime Darby Property Berhad (KLSE:SIMEPROP) On Your Watch List?
Jul 06Broker Revenue Forecasts For Sime Darby Property Berhad (KLSE:SIMEPROP) Are Surging Higher
Mar 02Could The Sime Darby Property Berhad (KLSE:SIMEPROP) Ownership Structure Tell Us Something Useful?
Feb 15
Tread With Caution Around Sime Darby Property Berhad's (KLSE:SIMEPROP) 4.8% Dividend Yield
Jan 08Here's Why We're Wary Of Buying Sime Darby Property Berhad's (KLSE:SIMEPROP) For Its Upcoming Dividend
Dec 04Financial Position Analysis
Short Term Liabilities: SIMEPROP's short term assets (MYR4.6B) exceed its short term liabilities (MYR2.3B).
Long Term Liabilities: SIMEPROP's short term assets (MYR4.6B) exceed its long term liabilities (MYR3.3B).
Debt to Equity History and Analysis
Debt Level: SIMEPROP's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: SIMEPROP's debt to equity ratio has reduced from 34.6% to 28.1% over the past 5 years.
Debt Coverage: SIMEPROP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIMEPROP earns more interest than it pays, so coverage of interest payments is not a concern.