Silverlake Axis Balance Sheet Health
Financial Health criteria checks 5/6
Silverlake Axis has a total shareholder equity of MYR1.2B and total debt of MYR160.4M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are MYR1.6B and MYR450.9M respectively. Silverlake Axis's EBIT is MYR203.4M making its interest coverage ratio -33.6. It has cash and short-term investments of MYR528.3M.
Key information
13.4%
Debt to equity ratio
RM160.42m
Debt
Interest coverage ratio | -33.6x |
Cash | RM528.35m |
Equity | RM1.19b |
Total liabilities | RM450.86m |
Total assets | RM1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLVF.F's short term assets (MYR872.7M) exceed its short term liabilities (MYR242.3M).
Long Term Liabilities: SLVF.F's short term assets (MYR872.7M) exceed its long term liabilities (MYR208.6M).
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 increased from 8.2% to 13.4% over the past 5 years.
Debt Coverage: SLVF.F's debt is well covered by operating cash flow (83.7%).
Interest Coverage: SLVF.F earns more interest than it pays, so coverage of interest payments is not a concern.