Oriental Explorer Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Oriental Explorer Holdings has a total shareholder equity of HK$1.5B and total debt of HK$294.7M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are HK$1.8B and HK$343.6M respectively. Oriental Explorer Holdings's EBIT is HK$12.9M making its interest coverage ratio 1.9. It has cash and short-term investments of HK$159.0M.
Key information
20.0%
Debt to equity ratio
HK$294.70m
Debt
| Interest coverage ratio | 1.9x |
| Cash | HK$159.05m |
| Equity | HK$1.47b |
| Total liabilities | HK$343.60m |
| Total assets | HK$1.82b |
Recent financial health updates
No updates
Recent updates
Oriental Explorer Holdings (HKG:430) Is Due To Pay A Dividend Of HK$0.012
Apr 28
Oriental 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$160.8M) do not cover its short term liabilities (HK$316.7M).
Long Term Liabilities: 430's short term assets (HK$160.8M) exceed its long term liabilities (HK$26.9M).
Debt to Equity History and Analysis
Debt Level: 430's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 430's debt to equity ratio has reduced from 27.2% to 20% over the past 5 years.
Debt Coverage: 430's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 430's interest payments on its debt are not well covered by EBIT (1.9x coverage).