Optima Automobile Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Optima Automobile Group Holdings has a total shareholder equity of SGD6.2M and total debt of SGD4.3M, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are SGD22.8M and SGD16.6M respectively.
Key information
69.0%
Debt to equity ratio
S$4.27m
Debt
| Interest coverage ratio | n/a |
| Cash | S$5.71m |
| Equity | S$6.18m |
| Total liabilities | S$16.63m |
| Total assets | S$22.81m |
Recent financial health updates
Optima Automobile Group Holdings (HKG:8418) Is Carrying A Fair Bit Of Debt
Sep 26
Does Optima Automobile Group Holdings (HKG:8418) Have A Healthy Balance Sheet?
May 24Optima Automobile Group Holdings (HKG:8418) Has Debt But No Earnings; Should You Worry?
Nov 10Is Optima Automobile Group Holdings (HKG:8418) Using Too Much Debt?
May 25Recent updates
Optima Automobile Group Holdings Limited's (HKG:8418) P/S Is Still On The Mark Following 38% Share Price Bounce
Apr 30Optima Automobile Group Holdings Limited (HKG:8418) Stock Rockets 44% But Many Are Still Ignoring The Company
Jan 22Optima Automobile Group Holdings (HKG:8418) Is Carrying A Fair Bit Of Debt
Sep 26Does Optima Automobile Group Holdings (HKG:8418) Have A Healthy Balance Sheet?
May 24Optima Automobile Group Holdings (HKG:8418) Has Debt But No Earnings; Should You Worry?
Nov 10Is Optima Automobile Group Holdings (HKG:8418) Using Too Much Debt?
May 25Calculating The Fair Value Of Optima Automobile Group Holdings Limited (HKG:8418)
Apr 01Does Optima Automobile Group Holdings' (HKG:8418) Share Price Gain of 25% Match Its Business Performance?
Feb 08
Do Insiders Own Lots Of Shares In Optima Automobile Group Holdings Limited (HKG:8418)?
Dec 16Financial Position Analysis
Short Term Liabilities: 8418's short term assets (SGD10.5M) exceed its short term liabilities (SGD10.2M).
Long Term Liabilities: 8418's short term assets (SGD10.5M) exceed its long term liabilities (SGD6.4M).
Debt to Equity History and Analysis
Debt Level: 8418 has more cash than its total debt.
Reducing Debt: 8418's debt to equity ratio has increased from 14.1% to 69% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 8418 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8418 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.2% per year.