Only World Group Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Only World Group Holdings Berhad has a total shareholder equity of MYR229.8M and total debt of MYR50.6M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are MYR420.1M and MYR190.3M respectively. Only World Group Holdings Berhad's EBIT is MYR10.8M making its interest coverage ratio 1.4. It has cash and short-term investments of MYR108.6M.
Key information
22.0%
Debt to equity ratio
RM 50.62m
Debt
| Interest coverage ratio | 1.4x |
| Cash | RM 108.59m |
| Equity | RM 229.76m |
| Total liabilities | RM 190.30m |
| Total assets | RM 420.06m |
Recent financial health updates
Here's Why Only World Group Holdings Berhad (KLSE:OWG) Can Manage Its Debt Responsibly
Mar 14
We Think Only World Group Holdings Berhad (KLSE:OWG) Has A Fair Chunk Of Debt
May 27Is Only World Group Holdings Berhad (KLSE:OWG) Using Debt Sensibly?
Jan 25Is Only World Group Holdings Berhad (KLSE:OWG) Using Debt Sensibly?
Sep 09Is Only World Group Holdings Berhad (KLSE:OWG) A Risky Investment?
Feb 25Recent updates
We Like These Underlying Return On Capital Trends At Only World Group Holdings Berhad (KLSE:OWG)
Aug 05Additional Considerations Required While Assessing Only World Group Holdings Berhad's (KLSE:OWG) Strong Earnings
Jun 07Only World Group Holdings Berhad (KLSE:OWG) Is Experiencing Growth In Returns On Capital
Jan 08Only World Group Holdings Berhad (KLSE:OWG) Shareholders Will Want The ROCE Trajectory To Continue
Aug 28Here's Why Only World Group Holdings Berhad (KLSE:OWG) Can Manage Its Debt Responsibly
Mar 14We Think Only World Group Holdings Berhad (KLSE:OWG) Has A Fair Chunk Of Debt
May 27Is Only World Group Holdings Berhad (KLSE:OWG) Using Debt Sensibly?
Jan 25Is Only World Group Holdings Berhad (KLSE:OWG) Using Debt Sensibly?
Sep 09At RM0.38, Is It Time To Put Only World Group Holdings Berhad (KLSE:OWG) On Your Watch List?
May 25Is Only World Group Holdings Berhad (KLSE:OWG) A Risky Investment?
Feb 25Financial Position Analysis
Short Term Liabilities: OWG's short term assets (MYR123.8M) exceed its short term liabilities (MYR72.6M).
Long Term Liabilities: OWG's short term assets (MYR123.8M) exceed its long term liabilities (MYR117.7M).
Debt to Equity History and Analysis
Debt Level: OWG has more cash than its total debt.
Reducing Debt: OWG's debt to equity ratio has reduced from 38.2% to 22% over the past 5 years.
Debt Coverage: OWG's debt is well covered by operating cash flow (81.9%).
Interest Coverage: OWG's interest payments on its debt are not well covered by EBIT (1.4x coverage).