Oriental Food Industries Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Oriental Food Industries Holdings Berhad has a total shareholder equity of MYR253.4M and total debt of MYR2.7M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are MYR321.5M and MYR68.2M respectively. Oriental Food Industries Holdings Berhad's EBIT is MYR38.9M making its interest coverage ratio 432.3. It has cash and short-term investments of MYR58.3M.
Key information
1.1%
Debt to equity ratio
RM2.72m
Debt
| Interest coverage ratio | 432.3x |
| Cash | RM58.30m |
| Equity | RM253.37m |
| Total liabilities | RM68.18m |
| Total assets | RM321.55m |
Recent financial health updates
Recent updates
Oriental Food Industries Holdings Berhad's (KLSE:OFI) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 05
Investors Will Want Oriental Food Industries Holdings Berhad's (KLSE:OFI) Growth In ROCE To Persist
Oct 20Oriental Food Industries Holdings Berhad (KLSE:OFI) Is Increasing Its Dividend To MYR0.01
Aug 28Oriental Food Industries Holdings Berhad (KLSE:OFI) Is Experiencing Growth In Returns On Capital
Mar 31Do Oriental Food Industries Holdings Berhad's (KLSE:OFI) Earnings Warrant Your Attention?
Feb 24Oriental Food Industries Holdings Berhad (KLSE:OFI) Is Paying Out A Larger Dividend Than Last Year
Dec 02Should You Be Adding Oriental Food Industries Holdings Berhad (KLSE:OFI) To Your Watchlist Today?
Oct 18Oriental Food Industries Holdings Berhad's (KLSE:OFI) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Oriental Food Industries Holdings Berhad (KLSE:OFI) Has Re-Affirmed Its Dividend Of RM0.012
May 30Oriental Food Industries Holdings Berhad (KLSE:OFI) Is Increasing Its Dividend To RM0.01
Feb 27Oriental Food Industries Holdings Berhad's (KLSE:OFI) Solid Earnings May Rest On Weak Foundations
Dec 02Be Wary Of Oriental Food Industries Holdings Berhad (KLSE:OFI) And Its Returns On Capital
Mar 30Three Days Left Until Oriental Food Industries Holdings Berhad (KLSE:OFI) Trades Ex-Dividend
Mar 07Is Oriental Food Industries Holdings Berhad (KLSE:OFI) Using Too Much Debt?
Feb 14
Is Oriental Food Industries Holdings Berhad's (KLSE:OFI) Recent Price Movement Underpinned By Its Weak Fundamentals?
Jan 26Three Things You Should Check Before Buying Oriental Food Industries Holdings Berhad (KLSE:OFI) For Its Dividend
Jan 08Returns On Capital Tell Us A Lot About Oriental Food Industries Holdings Berhad (KLSE:OFI)
Dec 22Income Investors Should Know That Oriental Food Industries Holdings Berhad (KLSE:OFI) Goes Ex-Dividend Soon
Dec 04Oriental Food Industries Holdings Berhad's (KLSE:OFI) Shareholders Are Down 61% On Their Shares
Nov 25Financial Position Analysis
Short Term Liabilities: OFI's short term assets (MYR195.2M) exceed its short term liabilities (MYR55.8M).
Long Term Liabilities: OFI's short term assets (MYR195.2M) exceed its long term liabilities (MYR12.3M).
Debt to Equity History and Analysis
Debt Level: OFI has more cash than its total debt.
Reducing Debt: OFI's debt to equity ratio has reduced from 10.4% to 1.1% over the past 5 years.
Debt Coverage: OFI's debt is well covered by operating cash flow (1211.1%).
Interest Coverage: OFI's interest payments on its debt are well covered by EBIT (432.3x coverage).