Alpha Ocean Resources Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Alpha Ocean Resources Berhad has a total shareholder equity of MYR15.2M and total debt of MYR442.6K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are MYR16.6M and MYR1.3M respectively.
Key information
2.9%
Debt to equity ratio
RM 442.62k
Debt
| Interest coverage ratio | n/a |
| Cash | RM 3.06m |
| Equity | RM 15.24m |
| Total liabilities | RM 1.35m |
| Total assets | RM 16.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AORB's short term assets (MYR9.6M) exceed its short term liabilities (MYR1.3M).
Long Term Liabilities: AORB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AORB has more cash than its total debt.
Reducing Debt: AORB's debt to equity ratio has reduced from 833.5% to 2.9% over the past 5 years.
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 less than a year of cash runway 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 25.2% each year