Ocean Vantage Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Ocean Vantage Holdings Berhad has a total shareholder equity of MYR63.5M and total debt of MYR8.6M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are MYR114.1M and MYR50.6M respectively.
Key information
13.5%
Debt to equity ratio
RM8.56m
Debt
| Interest coverage ratio | n/a |
| Cash | RM22.80m |
| Equity | RM63.55m |
| Total liabilities | RM50.58m |
| Total assets | RM114.12m |
Recent financial health updates
No updates
Recent updates
Take Care Before Diving Into The Deep End On Ocean Vantage Holdings Berhad (KLSE:OVH)
Feb 29
Be 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 10
Financial Position Analysis
Short Term Liabilities: OVH's short term assets (MYR101.7M) exceed its short term liabilities (MYR48.3M).
Long Term Liabilities: OVH's short term assets (MYR101.7M) exceed its long term liabilities (MYR2.3M).
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 increased from 6.9% to 13.5% over the past 5 years.
Debt Coverage: OVH's debt is well covered by operating cash flow (65.7%).
Interest Coverage: Insufficient data to determine if OVH's interest payments on its debt are well covered by EBIT.