Olympia Industries Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Olympia Industries Berhad has a total shareholder equity of MYR329.6M and total debt of MYR137.0M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are MYR552.2M and MYR222.5M respectively.
Key information
41.6%
Debt to equity ratio
RM 137.00m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 26.78m |
| Equity | RM 329.65m |
| Total liabilities | RM 222.53m |
| Total assets | RM 552.18m |
Recent financial health updates
Is Olympia Industries Berhad (KLSE:OLYMPIA) Using Debt In A Risky Way?
Jul 19
Is Olympia Industries Berhad (KLSE:OLYMPIA) Using Debt In A Risky Way?
Mar 13Olympia Industries Berhad (KLSE:OLYMPIA) Has Debt But No Earnings; Should You Worry?
Nov 27Is Olympia Industries Berhad (KLSE:OLYMPIA) Weighed On By Its Debt Load?
Mar 30Recent updates
Is Olympia Industries Berhad (KLSE:OLYMPIA) Using Debt In A Risky Way?
Jul 19Is Olympia Industries Berhad (KLSE:OLYMPIA) Using Debt In A Risky Way?
Mar 13Olympia Industries Berhad (KLSE:OLYMPIA) Has Debt But No Earnings; Should You Worry?
Nov 27Is Olympia Industries Berhad (KLSE:OLYMPIA) Weighed On By Its Debt Load?
Mar 30Financial Position Analysis
Short Term Liabilities: OLYMPIA's short term assets (MYR46.2M) do not cover its short term liabilities (MYR87.4M).
Long Term Liabilities: OLYMPIA's short term assets (MYR46.2M) do not cover its long term liabilities (MYR135.1M).
Debt to Equity History and Analysis
Debt Level: OLYMPIA's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: OLYMPIA's debt to equity ratio has increased from 37.5% to 41.6% 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: OLYMPIA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OLYMPIA has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 21.6% each year.