Sim Leisure Group Balance Sheet Health
Financial Health criteria checks 6/6
Sim Leisure Group has a total shareholder equity of MYR109.9M and total debt of MYR23.5M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are MYR227.3M and MYR117.4M respectively. Sim Leisure Group's EBIT is MYR30.9M making its interest coverage ratio 11.7. It has cash and short-term investments of MYR48.3M.
Key information
21.4%
Debt to equity ratio
RM 23.52m
Debt
Interest coverage ratio | 11.7x |
Cash | RM 48.31m |
Equity | RM 109.93m |
Total liabilities | RM 117.40m |
Total assets | RM 227.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: URR's short term assets (MYR94.5M) exceed its short term liabilities (MYR49.1M).
Long Term Liabilities: URR's short term assets (MYR94.5M) exceed its long term liabilities (MYR68.3M).
Debt to Equity History and Analysis
Debt Level: URR has more cash than its total debt.
Reducing Debt: URR's debt to equity ratio has reduced from 47.2% to 21.4% over the past 5 years.
Debt Coverage: URR's debt is well covered by operating cash flow (125.9%).
Interest Coverage: URR's interest payments on its debt are well covered by EBIT (11.7x coverage).