Oceanus Group Balance Sheet Health
Financial Health criteria checks 4/6
Oceanus Group has a total shareholder equity of SGD56.8M and total debt of SGD82.6M, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are SGD172.1M and SGD115.3M respectively. Oceanus Group's EBIT is SGD5.3M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD6.9M.
Key information
145.4%
Debt to equity ratio
S$82.57m
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$6.93m |
| Equity | S$56.79m |
| Total liabilities | S$115.30m |
| Total assets | S$172.09m |
Recent financial health updates
Here's Why Oceanus Group (SGX:579) Has A Meaningful Debt Burden
Oct 01
Is Oceanus Group (SGX:579) A Risky Investment?
Jun 25These 4 Measures Indicate That Oceanus Group (SGX:579) Is Using Debt Extensively
Mar 22These 4 Measures Indicate That Oceanus Group (SGX:579) Is Using Debt Extensively
Dec 07Is Oceanus Group (SGX:579) A Risky Investment?
Sep 05Oceanus Group (SGX:579) Has A Somewhat Strained Balance Sheet
Sep 27Recent updates
Investors Will Want Oceanus Group's (SGX:579) Growth In ROCE To Persist
Dec 19Take Care Before Jumping Onto Oceanus Group Limited (SGX:579) Even Though It's 29% Cheaper
Nov 20Here's Why Oceanus Group (SGX:579) Has A Meaningful Debt Burden
Oct 01Oceanus Group (SGX:579) Is Looking To Continue Growing Its Returns On Capital
Jul 22Is Oceanus Group (SGX:579) A Risky Investment?
Jun 25Even With A 29% Surge, Cautious Investors Are Not Rewarding Oceanus Group Limited's (SGX:579) Performance Completely
Apr 17Investors Will Want Oceanus Group's (SGX:579) Growth In ROCE To Persist
Apr 13These 4 Measures Indicate That Oceanus Group (SGX:579) Is Using Debt Extensively
Mar 22Oceanus Group Limited (SGX:579) Might Not Be As Mispriced As It Looks After Plunging 30%
Dec 26These 4 Measures Indicate That Oceanus Group (SGX:579) Is Using Debt Extensively
Dec 07Investors Will Want Oceanus Group's (SGX:579) Growth In ROCE To Persist
Nov 15Is Oceanus Group (SGX:579) A Risky Investment?
Sep 05Oceanus Group (SGX:579) Shareholders Will Want The ROCE Trajectory To Continue
Aug 08Returns At Oceanus Group (SGX:579) Are On The Way Up
Feb 10Oceanus Group (SGX:579) Might Have The Makings Of A Multi-Bagger
Oct 24Oceanus Group (SGX:579) Has A Somewhat Strained Balance Sheet
Sep 27Investors Will Want Oceanus Group's (SGX:579) Growth In ROCE To Persist
Jun 06Is Oceanus Group (SGX:579) A Risky Investment?
Apr 22Oceanus Group (SGX:579) Is Doing The Right Things To Multiply Its Share Price
Feb 25We Like These Underlying Return On Capital Trends At Oceanus Group (SGX:579)
Sep 29Returns On Capital Are Showing Encouraging Signs At Oceanus Group (SGX:579)
Jun 14Is Oceanus Group (SGX:579) A Risky Investment?
May 18What Do The Returns At Oceanus Group (SGX:579) Mean Going Forward?
Mar 01Are Insiders Selling Oceanus Group Limited (SGX:579) Stock?
Feb 02Do Institutions Own Oceanus Group Limited (SGX:579) Shares?
Jan 06We Think Oceanus Group (SGX:579) Is Taking Some Risk With Its Debt
Dec 16Will Oceanus Group's (SGX:579) Growth In ROCE Persist?
Nov 25
Financial Position Analysis
Short Term Liabilities: 579's short term assets (SGD155.1M) exceed its short term liabilities (SGD89.9M).
Long Term Liabilities: 579's short term assets (SGD155.1M) exceed its long term liabilities (SGD25.4M).
Debt to Equity History and Analysis
Debt Level: 579's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: 579's debt to equity ratio has increased from 3.2% to 145.4% over the past 5 years.
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: Whilst unprofitable 579 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 579 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:21 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Oceanus Group Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brenda Lee | BNP Paribas Securities (Asia) |
| Chris Sanda | Daiwa Securities Co. Ltd. |
| Patrick Xu | DBS Vickers Research |