OpenSys (M) Berhad Balance Sheet Health

Financial Health criteria checks 6/6

OpenSys (M) Berhad has a total shareholder equity of MYR91.4M and total debt of MYR13.5M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are MYR126.7M and MYR35.3M respectively. OpenSys (M) Berhad's EBIT is MYR18.1M making its interest coverage ratio -103.8. It has cash and short-term investments of MYR28.8M.

Key information

14.7%

Debt to equity ratio

RM 13.45m

Debt

Interest coverage ratio-103.8x
CashRM 28.81m
EquityRM 91.39m
Total liabilitiesRM 35.30m
Total assetsRM 126.69m

Recent financial health updates

Recent updates

OpenSys (M) Berhad's (KLSE:OPENSYS) Profits May Not Reveal Underlying Issues

Nov 25
OpenSys (M) Berhad's (KLSE:OPENSYS) Profits May Not Reveal Underlying Issues

OpenSys (M) Berhad's (KLSE:OPENSYS) Returns Have Hit A Wall

Aug 05
OpenSys (M) Berhad's (KLSE:OPENSYS) Returns Have Hit A Wall

Here's Why We Think OpenSys (M) Berhad (KLSE:OPENSYS) Might Deserve Your Attention Today

Feb 10
Here's Why We Think OpenSys (M) Berhad (KLSE:OPENSYS) Might Deserve Your Attention Today

Returns At OpenSys (M) Berhad (KLSE:OPENSYS) Are On The Way Up

Sep 02
Returns At OpenSys (M) Berhad (KLSE:OPENSYS) Are On The Way Up

We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease

Jul 22
We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease

OpenSys (M) Berhad (KLSE:OPENSYS) Has Some Way To Go To Become A Multi-Bagger

May 06
OpenSys (M) Berhad (KLSE:OPENSYS) Has Some Way To Go To Become A Multi-Bagger

Is OpenSys (M) Berhad (KLSE:OPENSYS) Using Too Much Debt?

Mar 22
Is OpenSys (M) Berhad (KLSE:OPENSYS) Using Too Much Debt?

OpenSys (M) Berhad (KLSE:OPENSYS) Has Gifted Shareholders With A Fantastic 226% Total Return On Their Investment

Feb 23
OpenSys (M) Berhad (KLSE:OPENSYS) Has Gifted Shareholders With A Fantastic 226% Total Return On Their Investment

Are Investors Overlooking Returns On Capital At OpenSys (M) Berhad (KLSE:OPENSYS)?

Feb 05
Are Investors Overlooking Returns On Capital At OpenSys (M) Berhad (KLSE:OPENSYS)?

Declining Stock and Solid Fundamentals: Is The Market Wrong About OpenSys (M) Berhad (KLSE:OPENSYS)?

Jan 21
Declining Stock and Solid Fundamentals: Is The Market Wrong About OpenSys (M) Berhad (KLSE:OPENSYS)?

Is Now The Time To Put OpenSys (M) Berhad (KLSE:OPENSYS) On Your Watchlist?

Jan 06
Is Now The Time To Put OpenSys (M) Berhad (KLSE:OPENSYS) On Your Watchlist?

We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease

Dec 22
We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease

OpenSys (M) Berhad's (KLSE:OPENSYS) Earnings Are Growing But Is There More To The Story?

Dec 07
OpenSys (M) Berhad's (KLSE:OPENSYS) Earnings Are Growing But Is There More To The Story?

Shareholders Of OpenSys (M) Berhad (KLSE:OPENSYS) Must Be Happy With Their 271% Total Return

Nov 24
Shareholders Of OpenSys (M) Berhad (KLSE:OPENSYS) Must Be Happy With Their 271% Total Return

Financial Position Analysis

Short Term Liabilities: OPENSYS's short term assets (MYR71.2M) exceed its short term liabilities (MYR21.2M).

Long Term Liabilities: OPENSYS's short term assets (MYR71.2M) exceed its long term liabilities (MYR14.1M).


Debt to Equity History and Analysis

Debt Level: OPENSYS has more cash than its total debt.

Reducing Debt: OPENSYS's debt to equity ratio has reduced from 17.3% to 14.7% over the past 5 years.

Debt Coverage: OPENSYS's debt is well covered by operating cash flow (52.4%).

Interest Coverage: OPENSYS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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