Ossia International Balance Sheet Health
Financial Health criteria checks 6/6
Ossia International has a total shareholder equity of SGD49.3M and total debt of SGD3.7M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are SGD57.5M and SGD8.2M respectively. Ossia International's EBIT is SGD3.6M making its interest coverage ratio -18.3. It has cash and short-term investments of SGD8.0M.
Key information
7.6%
Debt to equity ratio
S$3.74m
Debt
| Interest coverage ratio | -18.3x |
| Cash | S$7.95m |
| Equity | S$49.27m |
| Total liabilities | S$8.21m |
| Total assets | S$57.48m |
Recent financial health updates
Ossia International (SGX:O08) Has A Rock Solid Balance Sheet
Mar 26
Ossia International (SGX:O08) Has A Rock Solid Balance Sheet
Dec 14We Think Ossia International (SGX:O08) Can Stay On Top Of Its Debt
Jan 08Does Ossia International (SGX:O08) Have A Healthy Balance Sheet?
Dec 10
Recent updates
Ossia International (SGX:O08) Has A Rock Solid Balance Sheet
Mar 26Ossia International (SGX:O08) Has A Rock Solid Balance Sheet
Dec 14The Return Trends At Ossia International (SGX:O08) Look Promising
Oct 23The Return Trends At Ossia International (SGX:O08) Look Promising
Jul 17Here's Why We Think Ossia International (SGX:O08) Is Well Worth Watching
May 30Ossia International (SGX:O08) Might Have The Makings Of A Multi-Bagger
Mar 17Ossia International's (SGX:O08) Returns On Capital Are Heading Higher
Nov 29Does Ossia International (SGX:O08) Deserve A Spot On Your Watchlist?
Oct 18There's Been No Shortage Of Growth Recently For Ossia International's (SGX:O08) Returns On Capital
Aug 17Do Ossia International's (SGX:O08) Earnings Warrant Your Attention?
Jun 14Ossia International's (SGX:O08) Returns On Capital Are Heading Higher
Feb 12We Think Ossia International (SGX:O08) Can Stay On Top Of Its Debt
Jan 08Ossia International's (SGX:O08) Returns On Capital Are Heading Higher
Nov 02Returns At Ossia International (SGX:O08) Are On The Way Up
Jun 02We're Not Counting On Ossia International (SGX:O08) To Sustain Its Statutory Profitability
Feb 10Are Insiders Buying Ossia International Limited (SGX:O08) Stock?
Jan 05Does Ossia International (SGX:O08) Have A Healthy Balance Sheet?
Dec 10Financial Position Analysis
Short Term Liabilities: O08's short term assets (SGD24.5M) exceed its short term liabilities (SGD7.7M).
Long Term Liabilities: O08's short term assets (SGD24.5M) exceed its long term liabilities (SGD511.0K).
Debt to Equity History and Analysis
Debt Level: O08 has more cash than its total debt.
Reducing Debt: O08's debt to equity ratio has reduced from 19.4% to 7.6% over the past 5 years.
Debt Coverage: O08's debt is well covered by operating cash flow (67.5%).
Interest Coverage: O08 earns more interest than it pays, so coverage of interest payments is not a concern.