Optimax Holdings Berhad Financial Health
How is Optimax Holdings Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: OPTIMAX's short term assets (MYR38.2M) exceed its short term liabilities (MYR17.4M).
Long Term Liabilities: OPTIMAX's short term assets (MYR38.2M) exceed its long term liabilities (MYR22.0M).
Debt to Equity History and Analysis
Debt Level: OPTIMAX has more cash than its total debt.
Reducing Debt: OPTIMAX's debt to equity ratio has reduced from 96.8% to 13.5% over the past 5 years.
Debt Coverage: OPTIMAX's debt is well covered by operating cash flow (362.1%).
Interest Coverage: OPTIMAX's interest payments on its debt are well covered by EBIT (22.5x coverage).