OKH Global Balance Sheet Health
Financial Health criteria checks 3/6
OKH Global has a total shareholder equity of SGD56.7M and total debt of SGD58.1M, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are SGD122.7M and SGD66.0M respectively. OKH Global's EBIT is SGD7.6M making its interest coverage ratio 2.1. It has cash and short-term investments of SGD7.7M.
Key information
102.5%
Debt to equity ratio
S$58.06m
Debt
| Interest coverage ratio | 2.1x |
| Cash | S$7.68m |
| Equity | S$56.66m |
| Total liabilities | S$66.02m |
| Total assets | S$122.68m |
Recent financial health updates
Does OKH Global (SGX:S3N) Have A Healthy Balance Sheet?
Apr 10
OKH Global (SGX:S3N) Has A Somewhat Strained Balance Sheet
Jun 01Here's Why OKH Global (SGX:S3N) Has A Meaningful Debt Burden
Mar 09OKH Global (SGX:S3N) Takes On Some Risk With Its Use Of Debt
May 24OKH Global (SGX:S3N) Takes On Some Risk With Its Use Of Debt
Dec 17Recent updates
Does OKH Global (SGX:S3N) Have A Healthy Balance Sheet?
Apr 10OKH Global Ltd. (SGX:S3N) Investors Are Less Pessimistic Than Expected
Dec 19Increases to OKH Global Ltd.'s (SGX:S3N) CEO Compensation Might Cool off for now
Oct 18OKH Global (SGX:S3N) Has A Somewhat Strained Balance Sheet
Jun 01Here's Why OKH Global (SGX:S3N) Has A Meaningful Debt Burden
Mar 09We Think OKH Global's (SGX:S3N) Robust Earnings Are Conservative
Oct 06OKH Global (SGX:S3N) Takes On Some Risk With Its Use Of Debt
May 24OKH Global (SGX:S3N) Takes On Some Risk With Its Use Of Debt
Dec 17Financial Position Analysis
Short Term Liabilities: S3N's short term assets (SGD46.9M) exceed its short term liabilities (SGD37.9M).
Long Term Liabilities: S3N's short term assets (SGD46.9M) exceed its long term liabilities (SGD28.1M).
Debt to Equity History and Analysis
Debt Level: S3N's net debt to equity ratio (88.9%) is considered high.
Reducing Debt: S3N's debt to equity ratio has reduced from 176.6% to 102.5% over the past 5 years.
Debt Coverage: S3N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: S3N's interest payments on its debt are not well covered by EBIT (2.1x coverage).