Ocean Vantage Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Ocean Vantage Holdings Berhad has a total shareholder equity of MYR55.5M and total debt of MYR2.3M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are MYR103.8M and MYR48.3M respectively.
Key information
4.1%
Debt to equity ratio
RM 2.28m
Debt
Interest coverage ratio | n/a |
Cash | RM 15.71m |
Equity | RM 55.50m |
Total liabilities | RM 48.33m |
Total assets | RM 103.83m |
Recent financial health updates
No updates
Recent updates
Ocean Vantage Holdings Berhad (KLSE:OVH) Might Not Be As Mispriced As It Looks After Plunging 26%
Nov 27Take Care Before Diving Into The Deep End On Ocean Vantage Holdings Berhad (KLSE:OVH)
Feb 29Be Wary Of Ocean Vantage Holdings Berhad (KLSE:OVH) And Its Returns On Capital
Jan 18Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return
Oct 20A Look At The Fair Value Of Ocean Vantage Holdings Berhad (KLSE:OVH)
Aug 25Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture
Jul 20Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture
Dec 04Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around
Jun 14Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around
Mar 04Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return
Aug 30Ocean Vantage Holdings Berhad (KLSE:OVH) Strong Profits May Be Masking Some Underlying Issues
Mar 02Should Weakness in Ocean Vantage Holdings Berhad's (KLSE:OVH) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Mar 01Are Ocean Vantage Holdings Berhad (KLSE:OVH) Investors Paying Above The Intrinsic Value?
Dec 10Financial Position Analysis
Short Term Liabilities: OVH's short term assets (MYR84.3M) exceed its short term liabilities (MYR46.9M).
Long Term Liabilities: OVH's short term assets (MYR84.3M) exceed its long term liabilities (MYR1.5M).
Debt to Equity History and Analysis
Debt Level: OVH has more cash than its total debt.
Reducing Debt: OVH's debt to equity ratio has reduced from 6.7% to 4.1% over the past 5 years.
Debt Coverage: OVH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OVH's interest payments on its debt are well covered by EBIT.