Genting Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Genting Berhad has a total shareholder equity of MYR56.9B and total debt of MYR41.4B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are MYR109.9B and MYR53.0B respectively. Genting Berhad's EBIT is MYR5.8B making its interest coverage ratio 6.1. It has cash and short-term investments of MYR25.9B.
Key information
72.8%
Debt to equity ratio
RM 41.42b
Debt
| Interest coverage ratio | 6.1x |
| Cash | RM 25.87b |
| Equity | RM 56.88b |
| Total liabilities | RM 53.01b |
| Total assets | RM 109.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEBH.F's short term assets (MYR32.5B) exceed its short term liabilities (MYR10.3B).
Long Term Liabilities: GEBH.F's short term assets (MYR32.5B) do not cover its long term liabilities (MYR42.7B).
Debt to Equity History and Analysis
Debt Level: GEBH.F's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: GEBH.F's debt to equity ratio has increased from 56.2% to 72.8% over the past 5 years.
Debt Coverage: GEBH.F's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: GEBH.F's interest payments on its debt are well covered by EBIT (6.1x coverage).