Alpha Ocean Resources Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Alpha Ocean Resources Berhad has a total shareholder equity of MYR19.0M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR20.1M and MYR1.2M respectively.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | n/a |
| Cash | RM6.86m |
| Equity | RM18.95m |
| Total liabilities | RM1.18m |
| Total assets | RM20.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AORB's short term assets (MYR12.7M) exceed its short term liabilities (MYR1.2M).
Long Term Liabilities: AORB's short term assets (MYR12.7M) exceed its long term liabilities (MYR9.9K).
Debt to Equity History and Analysis
Debt Level: AORB is debt free.
Reducing Debt: AORB has no debt compared to 5 years ago when its debt to equity ratio was 67.9%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AORB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AORB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.6% each year