Sime Darby Property Berhad

KLSE:SIMEPROP Stock Report

Market Cap: RM 9.0b

Sime Darby Property Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Sime Darby Property Berhad has a total shareholder equity of MYR10.5B and total debt of MYR2.9B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are MYR16.4B and MYR5.9B respectively. Sime Darby Property Berhad's EBIT is MYR914.9M making its interest coverage ratio -21.3. It has cash and short-term investments of MYR246.4M.

Key information

27.6%

Debt to equity ratio

RM 2.90b

Debt

Interest coverage ratio-21.3x
CashRM 246.40m
EquityRM 10.51b
Total liabilitiesRM 5.89b
Total assetsRM 16.40b

Recent financial health updates

No updates

Recent updates

There's Reason For Concern Over Sime Darby Property Berhad's (KLSE:SIMEPROP) Massive 26% Price Jump

Jul 29
There's Reason For Concern Over Sime Darby Property Berhad's (KLSE:SIMEPROP) Massive 26% Price Jump

Earnings Not Telling The Story For Sime Darby Property Berhad (KLSE:SIMEPROP) After Shares Rise 29%

May 23
Earnings Not Telling The Story For Sime Darby Property Berhad (KLSE:SIMEPROP) After Shares Rise 29%

Getting In Cheap On Sime Darby Property Berhad (KLSE:SIMEPROP) Is Unlikely

Mar 22
Getting In Cheap On Sime Darby Property Berhad (KLSE:SIMEPROP) Is Unlikely

There's No Escaping Sime Darby Property Berhad's (KLSE:SIMEPROP) Muted Earnings

Dec 22
There's No Escaping Sime Darby Property Berhad's (KLSE:SIMEPROP) Muted Earnings

Is There Now An Opportunity In Sime Darby Property Berhad (KLSE:SIMEPROP)?

Nov 20
Is There Now An Opportunity In Sime Darby Property Berhad (KLSE:SIMEPROP)?

Sime Darby Property Berhad (KLSE:SIMEPROP) Is Due To Pay A Dividend Of MYR0.01

Aug 30
Sime Darby Property Berhad (KLSE:SIMEPROP) Is Due To Pay A Dividend Of MYR0.01

Is It Time To Consider Buying Sime Darby Property Berhad (KLSE:SIMEPROP)?

Aug 14
Is It Time To Consider Buying Sime Darby Property Berhad (KLSE:SIMEPROP)?

At RM0.42, Is It Time To Put Sime Darby Property Berhad (KLSE:SIMEPROP) On Your Watch List?

Jul 06
At RM0.42, Is It Time To Put Sime Darby Property Berhad (KLSE:SIMEPROP) On Your Watch List?

Broker Revenue Forecasts For Sime Darby Property Berhad (KLSE:SIMEPROP) Are Surging Higher

Mar 02
Broker Revenue Forecasts For Sime Darby Property Berhad (KLSE:SIMEPROP) Are Surging Higher

Could The Sime Darby Property Berhad (KLSE:SIMEPROP) Ownership Structure Tell Us Something Useful?

Feb 15
Could The Sime Darby Property Berhad (KLSE:SIMEPROP) Ownership Structure Tell Us Something Useful?

Tread With Caution Around Sime Darby Property Berhad's (KLSE:SIMEPROP) 4.8% Dividend Yield

Jan 08
Tread With Caution Around Sime Darby Property Berhad's (KLSE:SIMEPROP) 4.8% Dividend Yield

Here's Why We're Wary Of Buying Sime Darby Property Berhad's (KLSE:SIMEPROP) For Its Upcoming Dividend

Dec 04
Here's Why We're Wary Of Buying Sime Darby Property Berhad's (KLSE:SIMEPROP) For Its Upcoming Dividend

Financial Position Analysis

Short Term Liabilities: SIMEPROP's short term assets (MYR5.2B) exceed its short term liabilities (MYR2.7B).

Long Term Liabilities: SIMEPROP's short term assets (MYR5.2B) exceed its long term liabilities (MYR3.2B).


Debt to Equity History and Analysis

Debt Level: SIMEPROP's net debt to equity ratio (25.3%) is considered satisfactory.

Reducing Debt: SIMEPROP's debt to equity ratio has reduced from 32.8% to 27.6% 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.


Balance Sheet


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