Global Oriental Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Global Oriental Berhad has a total shareholder equity of MYR244.7M and total debt of MYR218.6M, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are MYR931.4M and MYR686.7M respectively. Global Oriental Berhad's EBIT is MYR15.8M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR120.3M.
Key information
89.3%
Debt to equity ratio
RM218.60m
Debt
| Interest coverage ratio | 1.8x |
| Cash | RM120.26m |
| Equity | RM244.71m |
| Total liabilities | RM686.69m |
| Total assets | RM931.39m |
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
Benign 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 (MYR368.9M) do not cover its short term liabilities (MYR471.6M).
Long Term Liabilities: GOB's short term assets (MYR368.9M) exceed its long term liabilities (MYR215.1M).
Debt to Equity History and Analysis
Debt Level: GOB's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: GOB's debt to equity ratio has increased from 56.2% to 89.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GOB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GOB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.5% per year.