Optimax Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Optimax Holdings Berhad has a total shareholder equity of MYR75.0M and total debt of MYR23.3M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are MYR150.9M and MYR75.9M respectively. Optimax Holdings Berhad's EBIT is MYR22.3M making its interest coverage ratio 10.5. It has cash and short-term investments of MYR14.5M.
Key information
31.1%
Debt to equity ratio
RM 23.33m
Debt
| Interest coverage ratio | 10.5x |
| Cash | RM 14.50m |
| Equity | RM 75.05m |
| Total liabilities | RM 75.89m |
| Total assets | RM 150.94m |
Recent financial health updates
No updates
Recent updates
Optimax Holdings Berhad (KLSE:OPTIMAX) Has Announced A Dividend Of MYR0.006
Mar 01
Optimax Holdings Berhad (KLSE:OPTIMAX) Is Reducing Its Dividend To MYR0.006
Dec 12Optimax Holdings Berhad (KLSE:OPTIMAX) Is Reinvesting To Multiply In Value
Oct 20Why We Like The Returns At Optimax Holdings Berhad (KLSE:OPTIMAX)
Mar 07This Analyst Just Wrote A Brand New Outlook For Optimax Holdings Berhad's (KLSE:OPTIMAX) Business
Dec 07The Returns On Capital At Optimax Holdings Berhad (KLSE:OPTIMAX) Don't Inspire Confidence
Oct 06Optimax Holdings Berhad's (KLSE:OPTIMAX) Earnings Haven't Escaped The Attention Of Investors
Jun 11Could The Optimax Holdings Berhad (KLSE:OPTIMAX) Ownership Structure Tell Us Something Useful?
Mar 16Is Optimax Holdings Berhad's (KLSE:OPTIMAX) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 27Should You Use Optimax Holdings Berhad's (KLSE:OPTIMAX) Statutory Earnings To Analyse It?
Dec 23Financial Position Analysis
Short Term Liabilities: OPTIMAX's short term assets (MYR32.2M) exceed its short term liabilities (MYR21.4M).
Long Term Liabilities: OPTIMAX's short term assets (MYR32.2M) do not cover its long term liabilities (MYR54.5M).
Debt to Equity History and Analysis
Debt Level: OPTIMAX's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: OPTIMAX's debt to equity ratio has reduced from 59% to 31.1% over the past 5 years.
Debt Coverage: OPTIMAX's debt is well covered by operating cash flow (85.4%).
Interest Coverage: OPTIMAX's interest payments on its debt are well covered by EBIT (10.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:01 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Optimax Holdings Berhad is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cheng Wei Lew | CGS International |
| Hsien Jin Lam | CGS International |
| null null | JF Apex Securities Berhad |