Swift Haulage Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Swift Haulage Berhad has a total shareholder equity of MYR737.1M and total debt of MYR764.3M, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are MYR1.7B and MYR966.0M respectively. Swift Haulage Berhad's EBIT is MYR64.8M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR45.9M.
Key information
103.7%
Debt to equity ratio
RM 764.30m
Debt
| Interest coverage ratio | 1.8x |
| Cash | RM 45.92m |
| Equity | RM 737.11m |
| Total liabilities | RM 966.01m |
| Total assets | RM 1.70b |
Recent financial health updates
No updates
Recent updates
Swift Haulage Berhad's (KLSE:SWIFT) Problems Go Beyond Weak Profit
Nov 21
Swift Haulage Berhad's (KLSE:SWIFT) Solid Profits Have Weak Fundamentals
May 21Swift Haulage Berhad's (KLSE:SWIFT) Dividend Will Be MYR0.008
Feb 26Swift Haulage Berhad (KLSE:SWIFT) Is Paying Out Less In Dividends Than Last Year
Aug 21Swift Haulage Berhad (KLSE:SWIFT) Strong Profits May Be Masking Some Underlying Issues
Mar 06Swift Haulage Berhad Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01Financial Position Analysis
Short Term Liabilities: SWIFT's short term assets (MYR359.9M) exceed its short term liabilities (MYR356.0M).
Long Term Liabilities: SWIFT's short term assets (MYR359.9M) do not cover its long term liabilities (MYR610.0M).
Debt to Equity History and Analysis
Debt Level: SWIFT's net debt to equity ratio (97.5%) is considered high.
Reducing Debt: SWIFT's debt to equity ratio has reduced from 116.6% to 103.7% over the past 5 years.
Debt Coverage: SWIFT's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: SWIFT's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:27 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Swift Haulage Berhad is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | BIMB Securities Sdn. Bhd |
| Saffa Binti Mohd Anwar | BIMB Securities Sdn. Bhd |
| Afifah Binti Abdul Malek | BIMB Securities Sdn. Bhd |