OCK Group Berhad Balance Sheet Health
Financial Health criteria checks 2/6
OCK Group Berhad has a total shareholder equity of MYR723.6M and total debt of MYR646.6M, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are MYR1.7B and MYR1.0B respectively. OCK Group Berhad's EBIT is MYR83.8M making its interest coverage ratio 2.6. It has cash and short-term investments of MYR104.3M.
Key information
89.4%
Debt to equity ratio
RM 646.58m
Debt
| Interest coverage ratio | 2.6x |
| Cash | RM 104.31m |
| Equity | RM 723.65m |
| Total liabilities | RM 1.01b |
| Total assets | RM 1.73b |
Recent financial health updates
OCK Group Berhad (KLSE:OCK) Has A Somewhat Strained Balance Sheet
Jun 08
OCK Group Berhad (KLSE:OCK) Takes On Some Risk With Its Use Of Debt
Mar 08These 4 Measures Indicate That OCK Group Berhad (KLSE:OCK) Is Using Debt Extensively
Nov 17Recent updates
Market Cool On OCK Group Berhad's (KLSE:OCK) Earnings
Jul 12Shareholders May Not Be So Generous With OCK Group Berhad's (KLSE:OCK) CEO Compensation And Here's Why
May 29What You Need To Know About The OCK Group Berhad (KLSE:OCK) Analyst Downgrade Today
Nov 25OCK Group Berhad (KLSE:OCK) Has A Somewhat Strained Balance Sheet
Jun 08Why OCK Group Berhad (KLSE:OCK) Could Be Worth Watching
May 06OCK Group Berhad (KLSE:OCK) Could Be Struggling To Allocate Capital
Mar 23OCK Group Berhad (KLSE:OCK) Takes On Some Risk With Its Use Of Debt
Mar 08OCK Group Berhad's (KLSE:OCK) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 22At RM0.44, Is It Time To Put OCK Group Berhad (KLSE:OCK) On Your Watch List?
Feb 01Does OCK Group Berhad's (KLSE:OCK) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 12What Kind Of Investors Own Most Of OCK Group Berhad (KLSE:OCK)?
Dec 21
If You Had Bought OCK Group Berhad's (KLSE:OCK) Shares Three Years Ago You Would Be Down 46%
Dec 02These 4 Measures Indicate That OCK Group Berhad (KLSE:OCK) Is Using Debt Extensively
Nov 17Financial Position Analysis
Short Term Liabilities: OCK's short term assets (MYR634.4M) exceed its short term liabilities (MYR306.2M).
Long Term Liabilities: OCK's short term assets (MYR634.4M) do not cover its long term liabilities (MYR700.4M).
Debt to Equity History and Analysis
Debt Level: OCK's net debt to equity ratio (74.9%) is considered high.
Reducing Debt: OCK's debt to equity ratio has reduced from 94.3% to 89.4% over the past 5 years.
Debt Coverage: OCK's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: OCK's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:55 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
OCK Group Berhad is covered by 6 analysts. 3 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 |
|---|---|
| Woo Kim Toh | DBS Vickers Research |
| Minwei Mak | Inter-Pacific Research Sdn Bhd |
| Cheow-Ming Liang | Kenanga Research |