Sime Darby Property Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Sime Darby Property Berhad has a total shareholder equity of MYR10.5B and total debt of MYR2.9B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are MYR16.4B and MYR5.9B respectively. Sime Darby Property Berhad's EBIT is MYR914.9M making its interest coverage ratio -21.3. It has cash and short-term investments of MYR246.4M.
Key information
27.6%
Debt to equity ratio
RM 2.90b
Debt
| Interest coverage ratio | -21.3x |
| Cash | RM 246.40m |
| Equity | RM 10.51b |
| Total liabilities | RM 5.89b |
| Total assets | RM 16.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIME.F's short term assets (MYR5.2B) exceed its short term liabilities (MYR2.7B).
Long Term Liabilities: SIME.F's short term assets (MYR5.2B) exceed its long term liabilities (MYR3.2B).
Debt to Equity History and Analysis
Debt Level: SIME.F's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: SIME.F's debt to equity ratio has reduced from 32.8% to 27.6% over the past 5 years.
Debt Coverage: SIME.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIME.F earns more interest than it pays, so coverage of interest payments is not a concern.