S P Setia Berhad Balance Sheet Health
Financial Health criteria checks 5/6
S P Setia Berhad has a total shareholder equity of MYR15.6B and total debt of MYR9.7B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are MYR28.5B and MYR12.9B respectively. S P Setia Berhad's EBIT is MYR863.1M making its interest coverage ratio 3.4. It has cash and short-term investments of MYR2.6B.
Key information
62.3%
Debt to equity ratio
RM9.75b
Debt
Interest coverage ratio | 3.4x |
Cash | RM2.65b |
Equity | RM15.65b |
Total liabilities | RM12.86b |
Total assets | RM28.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPSETIA-PA's short term assets (MYR9.0B) exceed its short term liabilities (MYR5.5B).
Long Term Liabilities: SPSETIA-PA's short term assets (MYR9.0B) exceed its long term liabilities (MYR7.4B).
Debt to Equity History and Analysis
Debt Level: SPSETIA-PA's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: SPSETIA-PA's debt to equity ratio has reduced from 70.3% to 62.3% over the past 5 years.
Debt Coverage: SPSETIA-PA's debt is well covered by operating cash flow (29.5%).
Interest Coverage: SPSETIA-PA's interest payments on its debt are well covered by EBIT (3.4x coverage).