Oceanus Group Balance Sheet Health
Financial Health criteria checks 4/6
Oceanus Group has a total shareholder equity of SGD61.4M and total debt of SGD90.3M, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are SGD184.6M and SGD123.3M respectively. Oceanus Group's EBIT is SGD5.4M making its interest coverage ratio 1. It has cash and short-term investments of SGD20.2M.
Key information
147.1%
Debt to equity ratio
S$90.26m
Debt
| Interest coverage ratio | 1x |
| Cash | S$20.18m |
| Equity | S$61.37m |
| Total liabilities | S$123.27m |
| Total assets | S$184.64m |
Recent financial health updates
These 4 Measures Indicate That Oceanus Group (SGX:579) Is Using Debt Extensively
Mar 22
These 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 27Is Oceanus Group (SGX:579) A Risky Investment?
Apr 22Is Oceanus Group (SGX:579) A Risky Investment?
May 18Recent updates
Even 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 (SGD165.0M) exceed its short term liabilities (SGD99.2M).
Long Term Liabilities: 579's short term assets (SGD165.0M) exceed its long term liabilities (SGD24.0M).
Debt to Equity History and Analysis
Debt Level: 579's net debt to equity ratio (114.2%) is considered high.
Reducing Debt: 579's debt to equity ratio has increased from 6.5% to 147.1% 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: 579 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 579 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 29.2% each year.