S P Setia Berhad Balance Sheet Health
Financial Health criteria checks 5/6
S P Setia Berhad has a total shareholder equity of MYR16.0B and total debt of MYR9.5B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are MYR28.6B and MYR12.6B respectively. S P Setia Berhad's EBIT is MYR1.2B making its interest coverage ratio 4.9. It has cash and short-term investments of MYR2.9B.
Key information
59.4%
Debt to equity ratio
RM 9.48b
Debt
| Interest coverage ratio | 4.9x |
| Cash | RM 2.94b |
| Equity | RM 15.97b |
| Total liabilities | RM 12.59b |
| Total assets | RM 28.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPSETIA-PC's short term assets (MYR9.0B) exceed its short term liabilities (MYR5.1B).
Long Term Liabilities: SPSETIA-PC's short term assets (MYR9.0B) exceed its long term liabilities (MYR7.5B).
Debt to Equity History and Analysis
Debt Level: SPSETIA-PC's net debt to equity ratio (41%) is considered high.
Reducing Debt: SPSETIA-PC's debt to equity ratio has reduced from 73.3% to 59.4% over the past 5 years.
Debt Coverage: SPSETIA-PC's debt is well covered by operating cash flow (37.2%).
Interest Coverage: SPSETIA-PC's interest payments on its debt are well covered by EBIT (4.9x coverage).