Genting Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Genting Berhad has a total shareholder equity of MYR56.1B and total debt of MYR39.0B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are MYR106.8B and MYR50.7B respectively. Genting Berhad's EBIT is MYR5.1B making its interest coverage ratio 5.5. It has cash and short-term investments of MYR24.0B.
Key information
69.4%
Debt to equity ratio
RM38.97b
Debt
Interest coverage ratio | 5.5x |
Cash | RM23.99b |
Equity | RM56.13b |
Total liabilities | RM50.70b |
Total assets | RM106.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEBH.F's short term assets (MYR30.8B) exceed its short term liabilities (MYR10.3B).
Long Term Liabilities: GEBH.F's short term assets (MYR30.8B) do not cover its long term liabilities (MYR40.4B).
Debt to Equity History and Analysis
Debt Level: GEBH.F's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: GEBH.F's debt to equity ratio has increased from 50.8% to 69.4% over the past 5 years.
Debt Coverage: GEBH.F's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: GEBH.F's interest payments on its debt are well covered by EBIT (5.5x coverage).