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 |
| Cash | RM 103.96m |
| Equity | RM 70.26m |
| Total liabilities | RM 92.70m |
| Total assets | RM 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.