Global Oriental Berhad Balance Sheet Health
Financial Health criteria checks 2/6
Global Oriental Berhad has a total shareholder equity of MYR234.2M and total debt of MYR227.9M, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are MYR828.8M and MYR594.6M respectively. Global Oriental Berhad's EBIT is MYR22.1M making its interest coverage ratio 3.3. It has cash and short-term investments of MYR87.2M.
Key information
97.3%
Debt to equity ratio
RM 227.90m
Debt
| Interest coverage ratio | 3.3x |
| Cash | RM 87.19m |
| Equity | RM 234.24m |
| Total liabilities | RM 594.56m |
| Total assets | RM 828.79m |
Recent financial health updates
Global Oriental Berhad (KLSE:GOB) Has A Somewhat Strained Balance Sheet
May 20
Does Global Oriental Berhad (KLSE:GOB) Have A Healthy Balance Sheet?
Oct 14Does Global Oriental Berhad (KLSE:GOB) Have A Healthy Balance Sheet?
Dec 02
Recent updates
There's No Escaping Global Oriental Berhad's (KLSE:GOB) Muted Revenues
Oct 04Global Oriental Berhad's (KLSE:GOB) 32% Share Price Surge Not Quite Adding Up
Jun 11Global Oriental Berhad's (KLSE:GOB) Shares Climb 32% But Its Business Is Yet to Catch Up
Jun 11Benign Growth For Global Oriental Berhad (KLSE:GOB) Underpins Stock's 29% Plummet
Jun 26Do Global Oriental Berhad's (KLSE:GOB) Earnings Warrant Your Attention?
Jun 25Global Oriental Berhad (KLSE:GOB) Has A Somewhat Strained Balance Sheet
May 20Does Global Oriental Berhad (KLSE:GOB) Have A Healthy Balance Sheet?
Oct 14Statutory Profit Doesn't Reflect How Good Global Oriental Berhad's (KLSE:GOB) Earnings Are
Jun 03Calculating The Intrinsic Value Of Global Oriental Berhad (KLSE:GOB)
Feb 27Does Global Oriental Berhad (KLSE:GOB) Have A Healthy Balance Sheet?
Dec 02Financial Position Analysis
Short Term Liabilities: GOB's short term assets (MYR265.2M) do not cover its short term liabilities (MYR380.4M).
Long Term Liabilities: GOB's short term assets (MYR265.2M) exceed its long term liabilities (MYR214.2M).
Debt to Equity History and Analysis
Debt Level: GOB's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: GOB's debt to equity ratio has increased from 75.3% to 97.3% over the past 5 years.
Debt Coverage: GOB's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: GOB's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Global Oriental Berhad is covered by 1 analysts. 0 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 |
|---|---|
| Kok Loong | RHB Investment Bank |