OUE Balance Sheet Health
Financial Health criteria checks 2/6
OUE has a total shareholder equity of SGD5.9B and total debt of SGD2.9B, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are SGD9.3B and SGD3.4B respectively. OUE's EBIT is SGD246.2M making its interest coverage ratio 1.7. It has cash and short-term investments of SGD189.6M.
Key information
48.9%
Debt to equity ratio
S$2.87b
Debt
| Interest coverage ratio | 1.7x |
| Cash | S$189.62m |
| Equity | S$5.88b |
| Total liabilities | S$3.39b |
| Total assets | S$9.27b |
Recent financial health updates
Does OUE (SGX:LJ3) Have A Healthy Balance Sheet?
Dec 06
OUE (SGX:LJ3) Seems To Be Using A Lot Of Debt
Aug 05Does OUE (SGX:LJ3) Have A Healthy Balance Sheet?
Feb 25Recent updates
OUE (SGX:LJ3) Has Announced A Dividend Of SGD0.01
Aug 27OUE (SGX:LJ3) Is Paying Out A Dividend Of SGD0.01
Aug 13OUE (SGX:LJ3) Will Pay A Dividend Of SGD0.015
Apr 04OUE (SGX:LJ3) Has Announced A Dividend Of SGD0.015
Mar 08Does OUE (SGX:LJ3) Have A Healthy Balance Sheet?
Dec 06OUE (SGX:LJ3) Seems To Be Using A Lot Of Debt
Aug 05Does OUE (SGX:LJ3) Have A Healthy Balance Sheet?
Feb 25Would Shareholders Who Purchased OUE's (SGX:LJ3) Stock Three Years Be Happy With The Share price Today?
Dec 28Financial Position Analysis
Short Term Liabilities: LJ3's short term assets (SGD393.3M) exceed its short term liabilities (SGD320.2M).
Long Term Liabilities: LJ3's short term assets (SGD393.3M) do not cover its long term liabilities (SGD3.1B).
Debt to Equity History and Analysis
Debt Level: LJ3's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: LJ3's debt to equity ratio has reduced from 68.2% to 48.9% over the past 5 years.
Debt Coverage: LJ3's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: LJ3's interest payments on its debt are not well covered by EBIT (1.7x coverage).