OCK Group Berhad Balance Sheet Health
Financial Health criteria checks 3/6
OCK Group Berhad has a total shareholder equity of MYR830.6M and total debt of MYR608.6M, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are MYR1.8B and MYR997.9M respectively. OCK Group Berhad's EBIT is MYR92.7M making its interest coverage ratio 2.6. It has cash and short-term investments of MYR69.2M.
Key information
73.3%
Debt to equity ratio
RM 608.56m
Debt
| Interest coverage ratio | 2.6x |
| Cash | RM 69.21m |
| Equity | RM 830.62m |
| Total liabilities | RM 997.86m |
| Total assets | RM 1.83b |
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 (MYR603.0M) exceed its short term liabilities (MYR287.3M).
Long Term Liabilities: OCK's short term assets (MYR603.0M) do not cover its long term liabilities (MYR710.5M).
Debt to Equity History and Analysis
Debt Level: OCK's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: OCK's debt to equity ratio has reduced from 96% to 73.3% over the past 5 years.
Debt Coverage: OCK's debt is well covered by operating cash flow (23.2%).
Interest Coverage: OCK's interest payments on its debt are not well covered by EBIT (2.6x coverage).