Onetech Solutions Holdings Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Onetech Solutions Holdings Berhad has a total shareholder equity of MYR5.2M and total debt of MYR467.7K, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are MYR8.1M and MYR2.8M respectively. Onetech Solutions Holdings Berhad's EBIT is MYR2.1M making its interest coverage ratio -196.2. It has cash and short-term investments of MYR6.0M.
Key information
8.9%
Debt to equity ratio
RM467.67k
Debt
| Interest coverage ratio | -196.2x |
| Cash | RM5.95m |
| Equity | RM5.25m |
| Total liabilities | RM2.81m |
| Total assets | RM8.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1TECH's short term assets (MYR6.9M) exceed its short term liabilities (MYR2.1M).
Long Term Liabilities: 1TECH's short term assets (MYR6.9M) exceed its long term liabilities (MYR663.5K).
Debt to Equity History and Analysis
Debt Level: 1TECH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 1TECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1TECH's debt is well covered by operating cash flow (412.9%).
Interest Coverage: 1TECH earns more interest than it pays, so coverage of interest payments is not a concern.