Sime Darby Property Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Sime Darby Property Berhad has a total shareholder equity of MYR10.3B and total debt of MYR2.8B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are MYR16.1B and MYR5.8B respectively. Sime Darby Property Berhad's EBIT is MYR858.1M making its interest coverage ratio -15.6. It has cash and short-term investments of MYR382.7M.
Key information
26.8%
Debt to equity ratio
RM 2.76b
Debt
| Interest coverage ratio | -15.6x |
| Cash | RM 382.70m |
| Equity | RM 10.33b |
| Total liabilities | RM 5.79b |
| Total assets | RM 16.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIME.F's short term assets (MYR4.9B) exceed its short term liabilities (MYR2.7B).
Long Term Liabilities: SIME.F's short term assets (MYR4.9B) exceed its long term liabilities (MYR3.1B).
Debt to Equity History and Analysis
Debt Level: SIME.F's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SIME.F's debt to equity ratio has reduced from 32.9% to 26.8% over the past 5 years.
Debt Coverage: SIME.F's debt is well covered by operating cash flow (32.8%).
Interest Coverage: SIME.F earns more interest than it pays, so coverage of interest payments is not a concern.