Oiltek International Limited

Catalist:HQU Stock Report

Market Cap: S$78.7m

Oiltek International Balance Sheet Health

Financial Health criteria checks 6/6

Oiltek International has a total shareholder equity of MYR70.3M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR163.0M and MYR92.7M respectively. Oiltek International's EBIT is MYR27.6M making its interest coverage ratio -10.9. It has cash and short-term investments of MYR104.0M.

Key information

0%

Debt to equity ratio

RM 0

Debt

Interest coverage ratio-10.9x
CashRM 103.96m
EquityRM 70.26m
Total liabilitiesRM 92.70m
Total assetsRM 162.96m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HQU's short term assets (MYR159.2M) exceed its short term liabilities (MYR92.5M).

Long Term Liabilities: HQU's short term assets (MYR159.2M) exceed its long term liabilities (MYR160.0K).


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.


Balance Sheet


Discover healthy companies