Genting Malaysia Berhad Balance Sheet Health
Financial Health criteria checks 1/6
Genting Malaysia Berhad has a total shareholder equity of MYR12.0B and total debt of MYR12.2B, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are MYR29.1B and MYR17.1B respectively. Genting Malaysia Berhad's EBIT is MYR1.4B making its interest coverage ratio 2.9. It has cash and short-term investments of MYR3.9B.
Key information
101.7%
Debt to equity ratio
RM12.22b
Debt
Interest coverage ratio | 2.9x |
Cash | RM3.94b |
Equity | RM12.01b |
Total liabilities | RM17.10b |
Total assets | RM29.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMAL.Y's short term assets (MYR6.2B) exceed its short term liabilities (MYR3.1B).
Long Term Liabilities: GMAL.Y's short term assets (MYR6.2B) do not cover its long term liabilities (MYR14.0B).
Debt to Equity History and Analysis
Debt Level: GMAL.Y's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: GMAL.Y's debt to equity ratio has increased from 54.4% to 101.7% over the past 5 years.
Debt Coverage: GMAL.Y's debt is not well covered by operating cash flow (19%).
Interest Coverage: GMAL.Y's interest payments on its debt are not well covered by EBIT (2.9x coverage).