Olam Group Balance Sheet Health
Financial Health criteria checks 2/6
Olam Group has a total shareholder equity of SGD7.5B and total debt of SGD21.5B, which brings its debt-to-equity ratio to 286%. Its total assets and total liabilities are SGD43.5B and SGD36.0B respectively. Olam Group's EBIT is SGD1.9B making its interest coverage ratio 1.4. It has cash and short-term investments of SGD3.5B.
Key information
286.0%
Debt to equity ratio
S$21.51b
Debt
| Interest coverage ratio | 1.4x |
| Cash | S$3.55b |
| Equity | S$7.52b |
| Total liabilities | S$35.96b |
| Total assets | S$43.48b |
Recent financial health updates
Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky
Dec 12
These 4 Measures Indicate That Olam Group (SGX:VC2) Is Using Debt In A Risky Way
Sep 10Does Olam Group (SGX:VC2) Have A Healthy Balance Sheet?
Jun 05Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky
Sep 22Is Olam Group (SGX:VC2) Using Too Much Debt?
Jun 13Recent updates
Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations
Aug 19Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing
Aug 12Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist
May 21Olam Group's (SGX:VC2) Dividend Will Be SGD0.04
Apr 20What Olam Group Limited's (SGX:VC2) P/E Is Not Telling You
Apr 03Olam Group (SGX:VC2) Has Announced A Dividend Of SGD0.04
Mar 07There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital
Jan 17Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky
Dec 12Returns At Olam Group (SGX:VC2) Are On The Way Up
Oct 06These 4 Measures Indicate That Olam Group (SGX:VC2) Is Using Debt In A Risky Way
Sep 10Olam Group (SGX:VC2) Is Reducing Its Dividend To SGD0.03
Aug 14There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital
Jun 26Does Olam Group (SGX:VC2) Have A Healthy Balance Sheet?
Jun 05Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist
Mar 17Calculating The Intrinsic Value Of Olam Group Limited (SGX:VC2)
Jan 02The Return Trends At Olam Group (SGX:VC2) Look Promising
Nov 24Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky
Sep 22Olam Group (SGX:VC2) Is Due To Pay A Dividend Of SGD0.04
Aug 17Olam Group (SGX:VC2) Might Have The Makings Of A Multi-Bagger
Aug 09Does Olam Group (SGX:VC2) Deserve A Spot On Your Watchlist?
Jul 13Is Olam Group (SGX:VC2) Using Too Much Debt?
Jun 13The Return Trends At Olam Group (SGX:VC2) Look Promising
Apr 06Here's Why I Think Olam Group (SGX:VC2) Might Deserve Your Attention Today
Mar 23Does Olam International (SGX:O32) Have A Healthy Balance Sheet?
Mar 09A Look At The Intrinsic Value Of Olam International Limited (SGX:O32)
Jan 10A Look At The Fair Value Of Olam International Limited (SGX:O32)
Oct 03Olam International (SGX:O32) Will Pay A Larger Dividend Than Last Year At S$0.04
Aug 18Olam International (SGX:O32) Has Some Way To Go To Become A Multi-Bagger
Jun 03Estimating The Intrinsic Value Of Olam International Limited (SGX:O32)
Apr 13Is Olam International (SGX:O32) Using Too Much Debt?
Mar 30Financial Position Analysis
Short Term Liabilities: VC2's short term assets (SGD32.3B) exceed its short term liabilities (SGD22.0B).
Long Term Liabilities: VC2's short term assets (SGD32.3B) exceed its long term liabilities (SGD14.0B).
Debt to Equity History and Analysis
Debt Level: VC2's net debt to equity ratio (238.8%) is considered high.
Reducing Debt: VC2's debt to equity ratio has increased from 179.8% to 286% over the past 5 years.
Debt Coverage: VC2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VC2's interest payments on its debt are not well covered by EBIT (1.4x coverage).