Only World Group Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Only World Group Holdings Berhad has a total shareholder equity of MYR237.9M and total debt of MYR57.0M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are MYR426.5M and MYR188.7M respectively. Only World Group Holdings Berhad's EBIT is MYR18.4M making its interest coverage ratio 3.7. It has cash and short-term investments of MYR50.2M.
Key information
24.0%
Debt to equity ratio
RM57.00m
Debt
| Interest coverage ratio | 3.7x |
| Cash | RM50.25m |
| Equity | RM237.85m |
| Total liabilities | RM188.70m |
| Total assets | RM426.55m |
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
Only 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 (MYR137.0M) exceed its short term liabilities (MYR79.6M).
Long Term Liabilities: OWG's short term assets (MYR137.0M) exceed its long term liabilities (MYR109.1M).
Debt to Equity History and Analysis
Debt Level: OWG's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: OWG's debt to equity ratio has reduced from 38.9% to 24% over the past 5 years.
Debt Coverage: OWG's debt is well covered by operating cash flow (73.8%).
Interest Coverage: OWG's interest payments on its debt are well covered by EBIT (3.7x coverage).