Barakah Offshore Petroleum Berhad

KLSE:BARAKAH Stock Report

Market Cap: RM 35.1m

Barakah Offshore Petroleum Berhad Balance Sheet Health

Financial Health criteria checks 6/6

Barakah Offshore Petroleum Berhad has a total shareholder equity of MYR61.7M and total debt of MYR49.2M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are MYR169.6M and MYR107.9M respectively. Barakah Offshore Petroleum Berhad's EBIT is MYR37.0M making its interest coverage ratio 20.7. It has cash and short-term investments of MYR84.2M.

Key information

79.7%

Debt to equity ratio

RM 49.23m

Debt

Interest coverage ratio20.7x
CashRM 84.17m
EquityRM 61.75m
Total liabilitiesRM 107.87m
Total assetsRM 169.62m

Recent financial health updates

These 4 Measures Indicate That Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Is Using Debt Safely

Feb 28
These 4 Measures Indicate That Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Is Using Debt Safely

Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?

Nov 11
Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?

Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

Apr 04
Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

Recent updates

These 4 Measures Indicate That Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Is Using Debt Safely

Feb 28
These 4 Measures Indicate That Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Is Using Debt Safely

Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) Shares Leap 38% Yet They're Still Not Telling The Full Story

Nov 20
Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) Shares Leap 38% Yet They're Still Not Telling The Full Story

Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?

Nov 11
Is Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Using Too Much Debt?

Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Might Not Be As Mispriced As It Looks After Plunging 29%

Sep 16
Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Might Not Be As Mispriced As It Looks After Plunging 29%

Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Stock Rockets 38% As Investors Are Less Pessimistic Than Expected

Jul 30
Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Stock Rockets 38% As Investors Are Less Pessimistic Than Expected

Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) P/S Is On The Mark

Jun 14
Barakah Offshore Petroleum Berhad's (KLSE:BARAKAH) P/S Is On The Mark

Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

Apr 04
Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: BARAKAH's short term assets (MYR165.8M) exceed its short term liabilities (MYR107.2M).

Long Term Liabilities: BARAKAH's short term assets (MYR165.8M) exceed its long term liabilities (MYR672.0K).

Debt to Equity History and Analysis

Debt Level: BARAKAH has more cash than its total debt.

Reducing Debt: BARAKAH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: BARAKAH's debt is well covered by operating cash flow (72.6%).

Interest Coverage: BARAKAH's interest payments on its debt are well covered by EBIT (20.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 10:31
End of Day Share Price 2025/05/07 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

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.

AnalystInstitution
Yat TanHong Leong Investment Bank Berhad
Thong LiawMaybank Research Pte. Ltd.
null nullUOB Kay Hian Research Pte Ltd