Ornapaper Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Ornapaper Berhad has a total shareholder equity of MYR198.7M and total debt of MYR62.2M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are MYR307.6M and MYR108.9M respectively. Ornapaper Berhad's EBIT is MYR8.2M making its interest coverage ratio 5.5. It has cash and short-term investments of MYR61.9M.
Key information
31.3%
Debt to equity ratio
RM62.18m
Debt
Interest coverage ratio | 5.5x |
Cash | RM61.88m |
Equity | RM198.67m |
Total liabilities | RM108.92m |
Total assets | RM307.59m |
Recent financial health updates
We Think Ornapaper Berhad (KLSE:ORNA) Can Manage Its Debt With Ease
Jun 06Is Ornapaper Berhad (KLSE:ORNA) A Risky Investment?
Feb 15Recent updates
Ornapaper Berhad (KLSE:ORNA) Is Paying Out A Larger Dividend Than Last Year
Apr 23Some Investors May Be Worried About Ornapaper Berhad's (KLSE:ORNA) Returns On Capital
Nov 15Investors Can Find Comfort In Ornapaper Berhad's (KLSE:ORNA) Earnings Quality
Mar 03Return Trends At Ornapaper Berhad (KLSE:ORNA) Aren't Appealing
Jan 17If You Like EPS Growth Then Check Out Ornapaper Berhad (KLSE:ORNA) Before It's Too Late
Sep 06We Think Ornapaper Berhad (KLSE:ORNA) Can Manage Its Debt With Ease
Jun 06Ornapaper Berhad's (KLSE:ORNA) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 10Investors Will Want Ornapaper Berhad's (KLSE:ORNA) Growth In ROCE To Persist
Mar 22Is Ornapaper Berhad (KLSE:ORNA) A Risky Investment?
Feb 15Is Ornapaper Berhad (KLSE:ORNA) An Attractive Dividend Stock?
Jan 18Will The ROCE Trend At Ornapaper Berhad (KLSE:ORNA) Continue?
Dec 21Financial Position Analysis
Short Term Liabilities: ORNA's short term assets (MYR187.3M) exceed its short term liabilities (MYR83.8M).
Long Term Liabilities: ORNA's short term assets (MYR187.3M) exceed its long term liabilities (MYR25.1M).
Debt to Equity History and Analysis
Debt Level: ORNA's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: ORNA's debt to equity ratio has reduced from 35.4% to 31.3% over the past 5 years.
Debt Coverage: ORNA's debt is well covered by operating cash flow (69.1%).
Interest Coverage: ORNA's interest payments on its debt are well covered by EBIT (5.5x coverage).