Transocean Holdings Bhd Balance Sheet Health
Financial Health criteria checks 4/6
Transocean Holdings Bhd has a total shareholder equity of MYR62.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR95.9M and MYR33.8M respectively.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | n/a |
| Cash | RM1.46m |
| Equity | RM62.14m |
| Total liabilities | RM33.79m |
| Total assets | RM95.93m |
Financial Position Analysis
Short Term Liabilities: TOCEAN's short term assets (MYR46.2M) exceed its short term liabilities (MYR17.9M).
Long Term Liabilities: TOCEAN's short term assets (MYR46.2M) exceed its long term liabilities (MYR15.9M).
Debt to Equity History and Analysis
Debt Level: TOCEAN is debt free.
Reducing Debt: TOCEAN has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if TOCEAN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TOCEAN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.