Sime Darby Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Sime Darby Berhad has a total shareholder equity of MYR23.6B and total debt of MYR13.1B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are MYR55.9B and MYR32.3B respectively. Sime Darby Berhad's EBIT is MYR2.2B making its interest coverage ratio 10.2. It has cash and short-term investments of MYR7.5B.
Key information
55.5%
Debt to equity ratio
RM13.09b
Debt
Interest coverage ratio | 10.2x |
Cash | RM7.55b |
Equity | RM23.60b |
Total liabilities | RM32.27b |
Total assets | RM55.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMEB.F's short term assets (MYR32.4B) exceed its short term liabilities (MYR23.7B).
Long Term Liabilities: SMEB.F's short term assets (MYR32.4B) exceed its long term liabilities (MYR8.6B).
Debt to Equity History and Analysis
Debt Level: SMEB.F's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: SMEB.F's debt to equity ratio has increased from 21.5% to 55.5% over the past 5 years.
Debt Coverage: SMEB.F's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: SMEB.F's interest payments on its debt are well covered by EBIT (10.2x coverage).