Oiltek International Balance Sheet Health
Financial Health criteria checks 6/6
Oiltek International has a total shareholder equity of MYR67.7M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR185.2M and MYR117.5M respectively. Oiltek International's EBIT is MYR22.8M making its interest coverage ratio -17.6. It has cash and short-term investments of MYR132.5M.
Key information
0%
Debt to equity ratio
RM0
Debt
Interest coverage ratio | -17.6x |
Cash | RM132.54m |
Equity | RM67.74m |
Total liabilities | RM117.49m |
Total assets | RM185.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HQU's short term assets (MYR181.5M) exceed its short term liabilities (MYR117.5M).
Long Term Liabilities: HQU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HQU is debt free.
Reducing Debt: HQU has not had any debt for past 5 years.
Debt Coverage: HQU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HQU has no debt, therefore coverage of interest payments is not a concern.