Genting Malaysia Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Genting Malaysia Berhad has a total shareholder equity of MYR11.9B and total debt of MYR14.2B, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are MYR30.9B and MYR19.1B respectively. Genting Malaysia Berhad's EBIT is MYR1.6B making its interest coverage ratio 3.6. It has cash and short-term investments of MYR5.4B.
Key information
119.9%
Debt to equity ratio
RM 14.21b
Debt
| Interest coverage ratio | 3.6x |
| Cash | RM 5.38b |
| Equity | RM 11.85b |
| Total liabilities | RM 19.06b |
| Total assets | RM 30.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMAL.Y's short term assets (MYR7.4B) exceed its short term liabilities (MYR3.2B).
Long Term Liabilities: GMAL.Y's short term assets (MYR7.4B) do not cover its long term liabilities (MYR15.9B).
Debt to Equity History and Analysis
Debt Level: GMAL.Y's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: GMAL.Y's debt to equity ratio has increased from 54.7% to 119.9% over the past 5 years.
Debt Coverage: GMAL.Y's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: GMAL.Y's interest payments on its debt are well covered by EBIT (3.6x coverage).