Optima Automobile Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Optima Automobile Group Holdings has a total shareholder equity of SGD6.1M and total debt of SGD5.5M, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are SGD22.3M and SGD16.2M respectively.
Key information
90.3%
Debt to equity ratio
S$5.54m
Debt
| Interest coverage ratio | n/a |
| Cash | S$3.52m |
| Equity | S$6.14m |
| Total liabilities | S$16.18m |
| Total assets | S$22.32m |
Recent financial health updates
Optima Automobile Group Holdings (HKG:8418) Is Making Moderate Use Of Debt
Sep 08
Optima 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 25Recent updates
Optima Automobile Group Holdings (HKG:8418) Is Making Moderate Use Of Debt
Sep 08Not Many Are Piling Into Optima Automobile Group Holdings Limited (HKG:8418) Stock Yet As It Plummets 25%
Aug 04Optima 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 (SGD11.3M) exceed its short term liabilities (SGD11.2M).
Long Term Liabilities: 8418's short term assets (SGD11.3M) exceed its long term liabilities (SGD5.0M).
Debt to Equity History and Analysis
Debt Level: 8418's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 8418's debt to equity ratio has increased from 10.4% to 90.3% 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 13.1% per year.