Olam Group Balance Sheet Health
Financial Health criteria checks 2/6
Olam Group has a total shareholder equity of SGD7.7B and total debt of SGD15.4B, which brings its debt-to-equity ratio to 201%. Its total assets and total liabilities are SGD33.3B and SGD25.7B respectively. Olam Group's EBIT is SGD1.4B making its interest coverage ratio 1.2. It has cash and short-term investments of SGD4.5B.
Key information
201.0%
Debt to equity ratio
S$15.41b
Debt
Interest coverage ratio | 1.2x |
Cash | S$4.47b |
Equity | S$7.67b |
Total liabilities | S$25.68b |
Total assets | S$33.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLGP.F's short term assets (SGD22.7B) exceed its short term liabilities (SGD15.5B).
Long Term Liabilities: OLGP.F's short term assets (SGD22.7B) exceed its long term liabilities (SGD10.2B).
Debt to Equity History and Analysis
Debt Level: OLGP.F's net debt to equity ratio (142.7%) is considered high.
Reducing Debt: OLGP.F's debt to equity ratio has increased from 172.9% to 201% over the past 5 years.
Debt Coverage: OLGP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OLGP.F's interest payments on its debt are not well covered by EBIT (1.2x coverage).