OpenSys (M) Berhad Balance Sheet Health
Financial Health criteria checks 6/6
OpenSys (M) Berhad has a total shareholder equity of MYR90.2M and total debt of MYR14.2M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are MYR130.7M and MYR40.6M respectively. OpenSys (M) Berhad's EBIT is MYR17.8M making its interest coverage ratio -146.7. It has cash and short-term investments of MYR34.1M.
Key information
15.8%
Debt to equity ratio
RM 14.24m
Debt
Interest coverage ratio | -146.7x |
Cash | RM 34.06m |
Equity | RM 90.16m |
Total liabilities | RM 40.57m |
Total assets | RM 130.73m |
Recent financial health updates
We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease
Jul 22Is OpenSys (M) Berhad (KLSE:OPENSYS) Using Too Much Debt?
Mar 22We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease
Dec 22Recent updates
OpenSys (M) Berhad's (KLSE:OPENSYS) Returns Have Hit A Wall
Aug 05Here's Why We Think OpenSys (M) Berhad (KLSE:OPENSYS) Might Deserve Your Attention Today
Feb 10Returns At OpenSys (M) Berhad (KLSE:OPENSYS) Are On The Way Up
Sep 02We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease
Jul 22OpenSys (M) Berhad (KLSE:OPENSYS) Has Some Way To Go To Become A Multi-Bagger
May 06Is OpenSys (M) Berhad (KLSE:OPENSYS) Using Too Much Debt?
Mar 22OpenSys (M) Berhad (KLSE:OPENSYS) Has Gifted Shareholders With A Fantastic 226% Total Return On Their Investment
Feb 23Are Investors Overlooking Returns On Capital At OpenSys (M) Berhad (KLSE:OPENSYS)?
Feb 05Declining Stock and Solid Fundamentals: Is The Market Wrong About OpenSys (M) Berhad (KLSE:OPENSYS)?
Jan 21Is Now The Time To Put OpenSys (M) Berhad (KLSE:OPENSYS) On Your Watchlist?
Jan 06We Think OpenSys (M) Berhad (KLSE:OPENSYS) Can Manage Its Debt With Ease
Dec 22OpenSys (M) Berhad's (KLSE:OPENSYS) Earnings Are Growing But Is There More To The Story?
Dec 07Shareholders Of OpenSys (M) Berhad (KLSE:OPENSYS) Must Be Happy With Their 271% Total Return
Nov 24Financial Position Analysis
Short Term Liabilities: OPENSYS's short term assets (MYR74.1M) exceed its short term liabilities (MYR26.4M).
Long Term Liabilities: OPENSYS's short term assets (MYR74.1M) 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 17.4% to 15.8% over the past 5 years.
Debt Coverage: OPENSYS's debt is well covered by operating cash flow (96.8%).
Interest Coverage: OPENSYS earns more interest than it pays, so coverage of interest payments is not a concern.