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 |
Cash | RM 246.40m |
Equity | RM 10.51b |
Total liabilities | RM 5.89b |
Total assets | RM 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 29Earnings Not Telling The Story For Sime Darby Property Berhad (KLSE:SIMEPROP) After Shares Rise 29%
May 23Getting In Cheap On Sime Darby Property Berhad (KLSE:SIMEPROP) Is Unlikely
Mar 22There'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 15Tread 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 (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.