Barakah Offshore Petroleum Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Barakah Offshore Petroleum Berhad has a total shareholder equity of MYR21.5M and total debt of MYR47.2M, which brings its debt-to-equity ratio to 219.8%. Its total assets and total liabilities are MYR117.7M and MYR96.3M respectively. Barakah Offshore Petroleum Berhad's EBIT is MYR52.2M making its interest coverage ratio 29.2. It has cash and short-term investments of MYR31.3M.
Key information
219.8%
Debt to equity ratio
RM 47.20m
Debt
| Interest coverage ratio | 29.2x |
| Cash | RM 31.29m |
| Equity | RM 21.47m |
| Total liabilities | RM 96.27m |
| Total assets | RM 117.74m |
Recent financial health updates
Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?
Nov 11
Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?
Apr 04Recent updates
Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) Shares Leap 38% Yet They're Still Not Telling The Full Story
Nov 20Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?
Nov 11Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Might Not Be As Mispriced As It Looks After Plunging 29%
Sep 16Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Stock Rockets 38% As Investors Are Less Pessimistic Than Expected
Jul 30Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) P/S Is On The Mark
Jun 14Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?
Apr 04Financial Position Analysis
Short Term Liabilities: BARAKAH's short term assets (MYR113.7M) exceed its short term liabilities (MYR95.6M).
Long Term Liabilities: BARAKAH's short term assets (MYR113.7M) exceed its long term liabilities (MYR672.0K).
Debt to Equity History and Analysis
Debt Level: BARAKAH's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: BARAKAH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BARAKAH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BARAKAH's interest payments on its debt are well covered by EBIT (29.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Barakah Offshore Petroleum Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yat Tan | Hong Leong Investment Bank Berhad |
| Thong Liaw | Maybank Research Pte. Ltd. |
| null null | UOB Kay Hian Research Pte Ltd |