OCB Berhad Balance Sheet Health

Financial Health criteria checks 5/6

OCB Berhad has a total shareholder equity of MYR178.0M and total debt of MYR79.1M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are MYR312.0M and MYR134.0M respectively. OCB Berhad's EBIT is MYR14.7M making its interest coverage ratio 8.4. It has cash and short-term investments of MYR63.5M.

Key information

44.4%

Debt to equity ratio

RM79.06m

Debt

Interest coverage ratio	8.4x
Cash	RM63.50m
Equity	RM178.03m
Total liabilities	RM134.00m
Total assets	RM312.03m

Recent financial health updates

Is OCB Berhad (KLSE:OCB) Using Debt In A Risky Way?

Dec 01

Recent updates

Financial Position Analysis

Short Term Liabilities: OCB's short term assets (MYR141.5M) exceed its short term liabilities (MYR85.5M).

Long Term Liabilities: OCB's short term assets (MYR141.5M) exceed its long term liabilities (MYR48.5M).

Debt to Equity History and Analysis

Debt Level: OCB's net debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: OCB's debt to equity ratio has increased from 19.1% to 44.4% over the past 5 years.

Debt Coverage: OCB's debt is well covered by operating cash flow (28.8%).

Interest Coverage: OCB's interest payments on its debt are well covered by EBIT (8.4x coverage).

OCB Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is OCB Berhad (KLSE:OCB) Using Debt In A Risky Way?

Recent updates

OCB Berhad, Annual General Meeting, Jun 24, 2024

OCB Berhad Announces First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2023, Payable on 31 July 2024

OCB Berhad Proposes First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: RM0.084 (vs RM0.035 loss in FY 2022)

OCB Berhad (KLSE:OCB) Shareholders Will Want The ROCE Trajectory To Continue

Third quarter 2023 earnings released: EPS: RM0.022 (vs RM0.006 loss in 3Q 2022)

Returns Are Gaining Momentum At OCB Berhad (KLSE:OCB)

Second quarter 2023 earnings released: EPS: RM0.023 (vs RM0.02 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.022 (vs RM0.002 loss in 1Q 2022)

Full year 2022 earnings released: RM0.036 loss per share (vs RM0.14 loss in FY 2021)

OCB Berhad Appoints Lydia Tong Yiu Shyian-Shyian as Joint Secretary with Effect from 01 Feb. 2023

Third quarter 2022 earnings released: RM0.006 loss per share (vs RM0.029 loss in 3Q 2021)

Second quarter 2022 earnings released: RM0.019 loss per share (vs RM0.024 loss in 2Q 2021)

OCB Berhad Appoints Nor Zarifah Binti Abdullah @ Mahmud as Joint Company Secretary

First quarter 2022 earnings released: RM0.002 loss per share (vs RM0.006 profit in 1Q 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: RM0.024 loss per share (vs RM0.012 loss in 2Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of RM0.015 per share

First quarter 2021 earnings released: EPS RM0.006 (vs RM0.01 in 1Q 2020)

Does OCB Berhad (KLSE:OCB) Have A Place In Your Dividend Stock Portfolio?

OCB Berhad announces First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2020

Estimating The Fair Value Of OCB Berhad (KLSE:OCB)

How Has OCB Berhad (KLSE:OCB) Allocated Its Capital?

Full year 2020 earnings released: EPS RM0.024 (vs RM0.26 loss in FY 2019)

New 90-day high: RM0.63

New 90-day high: RM0.57

Is OCB Berhad (KLSE:OCB) Using Debt In A Risky Way?

New 90-day high: RM0.54

Third quarter 2020 earnings released: EPS RM0.044

New 90-day high: RM0.50

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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