Oceana Group Balance Sheet Health
Financial Health criteria checks 6/6
Oceana Group has a total shareholder equity of ZAR7.7B and total debt of ZAR3.4B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ZAR14.1B and ZAR6.4B respectively. Oceana Group's EBIT is ZAR1.6B making its interest coverage ratio 7.1. It has cash and short-term investments of ZAR764.0M.
Key information
43.5%
Debt to equity ratio
R3.36b
Debt
| Interest coverage ratio | 7.1x |
| Cash | R764.00m |
| Equity | R7.72b |
| Total liabilities | R6.42b |
| Total assets | R14.14b |
Recent financial health updates
Oceana Group (JSE:OCE) Has A Somewhat Strained Balance Sheet
Mar 16
Does Oceana Group (JSE:OCE) Have A Healthy Balance Sheet?
Jan 05
Recent updates
Oceana Group's (JSE:OCE) Dividend Will Be ZAR1.95
Jun 13Oceana Group (JSE:OCE) Is Increasing Its Dividend To ZAR3.05
Dec 05Oceana Group (JSE:OCE) Has Announced That It Will Be Increasing Its Dividend To ZAR1.30
Jun 18Industry Analysts Just Upgraded Their Oceana Group Limited (JSE:OCE) Revenue Forecasts By 14%
Jun 09Oceana Group Limited Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next
Dec 10Oceana Group Limited (JSE:OCE) Analysts Just Cut Their EPS Forecasts Substantially
Jun 22Oceana Group (JSE:OCE) Is Paying Out Less In Dividends Than Last Year
Jun 08Oceana Group (JSE:OCE) Has A Somewhat Strained Balance Sheet
Mar 16Oceana Group's (JSE:OCE) Returns On Capital Are Heading Higher
Feb 01Shareholders May Find It Hard To Justify Increasing Oceana Group Limited's (JSE:OCE) CEO Compensation For Now
Mar 17Key Things To Consider Before Buying Oceana Group Limited (JSE:OCE) For Its Dividend
Mar 16What Can The Trends At Oceana Group (JSE:OCE) Tell Us About Their Returns?
Mar 01What Is The Ownership Structure Like For Oceana Group Limited (JSE:OCE)?
Feb 14Need To Know: Oceana Group Limited (JSE:OCE) Insiders Have Been Buying Shares
Feb 03Oceana Group Limited's (JSE:OCE) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Jan 19Does Oceana Group (JSE:OCE) Have A Healthy Balance Sheet?
Jan 05Is It Worth Considering Oceana Group Limited (JSE:OCE) For Its Upcoming Dividend?
Dec 24What Did Oceana Group's (JSE:OCE) CEO Take Home Last Year?
Dec 17Financial Position Analysis
Short Term Liabilities: OCE's short term assets (ZAR5.4B) exceed its short term liabilities (ZAR3.1B).
Long Term Liabilities: OCE's short term assets (ZAR5.4B) exceed its long term liabilities (ZAR3.3B).
Debt to Equity History and Analysis
Debt Level: OCE's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: OCE's debt to equity ratio has reduced from 71.5% to 43.5% over the past 5 years.
Debt Coverage: OCE's debt is well covered by operating cash flow (25%).
Interest Coverage: OCE's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Oceana Group Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Detlef Winckelmann | Arqaam Capital Research Offshore S.A.L. |
| Paul Henri Steegers | BofA Global Research |
| Marcelle Jankelow | Citigroup Inc |