Ossia International Balance Sheet Health
Financial Health criteria checks 5/6
Ossia International has a total shareholder equity of SGD55.3M and total debt of SGD1.8M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are SGD62.1M and SGD6.8M respectively. Ossia International's EBIT is SGD2.9M making its interest coverage ratio -11.3. It has cash and short-term investments of SGD11.4M.
Key information
3.2%
Debt to equity ratio
S$1.77m
Debt
| Interest coverage ratio | -11.3x |
| Cash | S$11.36m |
| Equity | S$55.31m |
| Total liabilities | S$6.80m |
| Total assets | S$62.11m |
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
Here's Why Shareholders May Want To Be Cautious With Increasing Ossia International Limited's (SGX:O08) CEO Pay Packet
Jul 16Investors Aren't Entirely Convinced By Ossia International Limited's (SGX:O08) Earnings
May 30Ossia 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 (SGD29.2M) exceed its short term liabilities (SGD6.6M).
Long Term Liabilities: O08's short term assets (SGD29.2M) exceed its long term liabilities (SGD231.0K).
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 18.5% to 3.2% over the past 5 years.
Debt Coverage: O08's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: O08 earns more interest than it pays, so coverage of interest payments is not a concern.