Sinarmas Land Balance Sheet Health

Financial Health criteria checks 6/6

Sinarmas Land has a total shareholder equity of SGD5.1B and total debt of SGD1.5B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are SGD7.8B and SGD2.8B respectively. Sinarmas Land's EBIT is SGD531.4M making its interest coverage ratio 5.9. It has cash and short-term investments of SGD1.5B.

Key information

29.5%

Debt to equity ratio

S$1.49b

Debt

Interest coverage ratio	5.9x
Cash	S$1.54b
Equity	S$5.07b
Total liabilities	S$2.77b
Total assets	S$7.84b

Recent financial health updates

Recent updates

Further Upside For Sinarmas Land Limited (SGX:A26) Shares Could Introduce Price Risks After 27% Bounce

Oct 16

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

Sep 25

A Piece Of The Puzzle Missing From Sinarmas Land Limited's (SGX:A26) 69% Share Price Climb

Aug 20

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

Jun 14

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Mar 28

Sinarmas Land (SGX:A26) Has A Pretty Healthy Balance Sheet

Oct 11

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Jun 02

Sinarmas Land (SGX:A26) Has A Somewhat Strained Balance Sheet

Feb 27

A Look At Sinarmas Land's (SGX:A26) Share Price Returns

Jan 21

Sinarmas Land (SGX:A26) Has A Somewhat Strained Balance Sheet

Nov 29

Financial Position Analysis

Short Term Liabilities: A26's short term assets (SGD3.3B) exceed its short term liabilities (SGD1.3B).

Long Term Liabilities: A26's short term assets (SGD3.3B) exceed its long term liabilities (SGD1.5B).

Debt to Equity History and Analysis

Debt Level: A26 has more cash than its total debt.

Reducing Debt: A26's debt to equity ratio has reduced from 43.3% to 29.5% over the past 5 years.

Debt Coverage: A26's debt is well covered by operating cash flow (32.9%).

Interest Coverage: A26's interest payments on its debt are well covered by EBIT (5.9x coverage).

Sinarmas Land Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Sinarmas Land (SGX:A26) Has A Pretty Healthy Balance Sheet

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Sinarmas Land (SGX:A26) Has A Somewhat Strained Balance Sheet

Recent updates

Further Upside For Sinarmas Land Limited (SGX:A26) Shares Could Introduce Price Risks After 27% Bounce

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

New major risk - Share price stability

New minor risk - Share price stability

A Piece Of The Puzzle Missing From Sinarmas Land Limited's (SGX:A26) 69% Share Price Climb

First half 2024 earnings released: EPS: S$0.021 (vs S$0.026 in 1H 2023)

Sinarmas Land Limited Approves First and Final One-Tier Tax Exempted Dividend for Fiscal Year 2023

Sinarmas Land Limited Announces Changes to Board of Directors and Board Committees

Full year 2023 earnings released: EPS: S$0.064 (vs S$0.081 in FY 2022)

Sinarmas Land Limited, Annual General Meeting, Apr 23, 2024

Full year 2023 earnings released

New minor risk - Financial data availability

First half 2023 earnings released: EPS: S$0.026 (vs S$0.03 in 1H 2022)

We Think Sinarmas Land (SGX:A26) Can Stay On Top Of Its Debt

Sinarmas Land Limited Approves First and Final Tax Exempted (One-Tier) Dividend for Financial Year 2022

Full year 2022 earnings released: EPS: S$0.081 (vs S$0.034 in FY 2021)

Full year 2022 earnings released

Less than half of directors are independent

Lead Independent Director recently bought S$55k worth of stock

First half 2022 earnings released

Sinarmas Land Limited (SGX:A26) completed the acquisition of Building at 32-50 Strand, London from Building at 32-50 Strand, London for £195 million.

Sinarmas Land Limited Announces Executive Appointments of Living Lab Ventures

Sinarmas Land Limited Approves First and Final Tax Exempted (One-Tier) Dividend for the Year Ended 31 December 2021

Sinarmas Land Limited (SGX:A26) entered into a purchase and sell agreement to acquire 32-50 Strand, London from Land Securities Group plc (LSE:LAND) for approximately £200 million.

Less than half of directors are independent

Sinarmas Land Limited Appoints Toh Poh Joo as Chief Operating Officer

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Sinarmas Land Limited Proposes First and Final Tax-Exempted (One-Tier) Dividend for the Year Ended 31 December 2021

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Full year 2021 earnings: Revenues exceed analyst expectations

Less than half of directors are independent

Sinarmas Land (SGX:A26) Has A Pretty Healthy Balance Sheet

Director Pian Tee Hong has joined 5th company board

We Think Sinarmas Land (SGX:A26) Is Taking Some Risk With Its Debt

Sinarmas Land Limited Approves Final Dividend for the Year Ended December 31, 2020

Full year 2020 earnings released: EPS S$0.024 (vs S$0.091 in FY 2019)

Sinarmas Land (SGX:A26) Has A Somewhat Strained Balance Sheet

Sinarmas Land Limited (SGX:A26) acquired PT Bhumindo Repenas Jayautama, PT Cibubur Permai Lestari and PT Gunung Indah Permai Lestari for approximately IDR 350 billion.

Sinarmas Land Limited Announces the Cessation of Ferdinand Sadeli as Chief Investment Officer

Full year 2020 earnings released

A Look At Sinarmas Land's (SGX:A26) Share Price Returns

New 90-day high: S$0.23

Sinarmas Land (SGX:A26) Has A Somewhat Strained Balance Sheet

Sinarmas Land Limited Enter into A Joint Venture Agreement with Japan Overseas Infrastructure Investment Cooperation

Sinarmas Land Limited Enters into Strategic Partnership with Mitsubishi Corporation

Earnings released

Sinarmas Land Limited to Report First Half, 2020 Results on Aug 13, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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