Ocean Vantage Holdings Berhad

KLSE:OVH Stock Report

Market Cap: RM 60.9m

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

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