Ocean Vantage Holdings Berhad

KLSE:OVH Stock Report

Market Cap: RM 75.6m

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 ration/a
CashRM 15.71m
EquityRM 55.50m
Total liabilitiesRM 48.33m
Total assetsRM 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 27
Ocean Vantage Holdings Berhad (KLSE:OVH) Might Not Be As Mispriced As It Looks After Plunging 26%

Take Care Before Diving Into The Deep End On Ocean Vantage Holdings Berhad (KLSE:OVH)

Feb 29
Take Care Before Diving Into The Deep End On Ocean Vantage Holdings Berhad (KLSE:OVH)

Be Wary Of Ocean Vantage Holdings Berhad (KLSE:OVH) And Its Returns On Capital

Jan 18
Be Wary Of Ocean Vantage Holdings Berhad (KLSE:OVH) And Its Returns On Capital

Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return

Oct 20
Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return

A Look At The Fair Value Of Ocean Vantage Holdings Berhad (KLSE:OVH)

Aug 25
A Look At The Fair Value Of Ocean Vantage Holdings Berhad (KLSE:OVH)

Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture

Jul 20
Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture

Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture

Dec 04
Returns On Capital At Ocean Vantage Holdings Berhad (KLSE:OVH) Paint A Concerning Picture

Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around

Jun 14
Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around

Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around

Mar 04
Ocean Vantage Holdings Berhad (KLSE:OVH) Will Be Hoping To Turn Its Returns On Capital Around

Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return

Aug 30
Ocean Vantage Holdings Berhad (KLSE:OVH) Is Reinvesting At Lower Rates Of Return

Ocean Vantage Holdings Berhad (KLSE:OVH) Strong Profits May Be Masking Some Underlying Issues

Mar 02
Ocean Vantage Holdings Berhad (KLSE:OVH) Strong Profits May Be Masking Some Underlying Issues

Should 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 01
Should 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?

Are Ocean Vantage Holdings Berhad (KLSE:OVH) Investors Paying Above The Intrinsic Value?

Dec 10
Are Ocean Vantage Holdings Berhad (KLSE:OVH) Investors Paying Above The Intrinsic Value?

Financial 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.

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 11:09
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Ocean Vantage Holdings 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
null nullPublic Investment Bank Berhad
Ooi LimRHB Investment Bank
Sze Zan ChanTA Securities Holdings Berhad