Olympia Industries Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Olympia Industries Berhad has a total shareholder equity of MYR336.1M and total debt of MYR131.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are MYR550.3M and MYR214.2M respectively.
Key information
39.0%
Debt to equity ratio
RM131.00m
Debt
Interest coverage ratio | n/a |
Cash | RM24.51m |
Equity | RM336.08m |
Total liabilities | RM214.24m |
Total assets | RM550.33m |
Financial Position Analysis
Short Term Liabilities: OLYMPIA's short term assets (MYR44.1M) do not cover its short term liabilities (MYR84.1M).
Long Term Liabilities: OLYMPIA's short term assets (MYR44.1M) do not cover its long term liabilities (MYR130.2M).
Debt to Equity History and Analysis
Debt Level: OLYMPIA's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: OLYMPIA's debt to equity ratio has increased from 35.1% to 39% 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 2.1 years if free cash flow continues to grow at historical rates of 0.8% each year.