Oriental Explorer Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Oriental Explorer Holdings has a total shareholder equity of HK$1.5B and total debt of HK$151.9M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are HK$1.7B and HK$199.1M respectively. Oriental Explorer Holdings's EBIT is HK$13.9M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$8.0M.
Key information
10.3%
Debt to equity ratio
HK$151.86m
Debt
| Interest coverage ratio | 1.8x |
| Cash | HK$8.04m |
| Equity | HK$1.47b |
| Total liabilities | HK$199.12m |
| Total assets | HK$1.67b |
Recent financial health updates
No updates
Recent updates
Oriental Explorer Holdings (HKG:430) Has Affirmed Its Dividend Of HK$0.008
Sep 02
Oriental Explorer Holdings (HKG:430) Is Due To Pay A Dividend Of HK$0.012
Apr 28Oriental Explorer Holdings (HKG:430) Is Due To Pay A Dividend Of HK$0.012
Apr 01Oriental Explorer Holdings (HKG:430) Has Affirmed Its Dividend Of HK$0.008
Aug 31Oriental Explorer Holdings' (HKG:430) Dividend Will Be Reduced To HK$0.012
Mar 31Oriental Explorer Holdings' (HKG:430) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 02Oriental Explorer Holdings (HKG:430) Has Announced A Dividend Of HK$0.02
Apr 28Oriental Explorer Holdings (HKG:430) Is Due To Pay A Dividend Of HK$0.02
Apr 04Financial Position Analysis
Short Term Liabilities: 430's short term assets (HK$14.2M) do not cover its short term liabilities (HK$172.2M).
Long Term Liabilities: 430's short term assets (HK$14.2M) do not cover its long term liabilities (HK$26.9M).
Debt to Equity History and Analysis
Debt Level: 430's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 430's debt to equity ratio has reduced from 19% to 10.3% over the past 5 years.
Debt Coverage: 430's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 430's interest payments on its debt are not well covered by EBIT (1.8x coverage).