Silverlake Axis Balance Sheet Health
Financial Health criteria checks 6/6
Silverlake Axis has a total shareholder equity of MYR1.2B and total debt of MYR115.9M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are MYR1.6B and MYR440.2M respectively. Silverlake Axis's EBIT is MYR145.8M making its interest coverage ratio -20. It has cash and short-term investments of MYR509.1M.
Key information
10.1%
Debt to equity ratio
RM 115.90m
Debt
| Interest coverage ratio | -20x |
| Cash | RM 509.10m |
| Equity | RM 1.15b |
| Total liabilities | RM 440.22m |
| Total assets | RM 1.59b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLVF.F's short term assets (MYR891.9M) exceed its short term liabilities (MYR269.3M).
Long Term Liabilities: SLVF.F's short term assets (MYR891.9M) exceed its long term liabilities (MYR170.9M).
Debt to Equity History and Analysis
Debt Level: SLVF.F has more cash than its total debt.
Reducing Debt: SLVF.F's debt to equity ratio has reduced from 12% to 10.1% over the past 5 years.
Debt Coverage: SLVF.F's debt is well covered by operating cash flow (92.8%).
Interest Coverage: SLVF.F earns more interest than it pays, so coverage of interest payments is not a concern.