Ocean Vantage Holdings Bhd (0220) - Total Assets
Based on the latest financial reports, Ocean Vantage Holdings Bhd (0220) holds total assets worth RM93.79 Million MYR (≈ $23.55 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Ocean Vantage Holdings Bhd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Ocean Vantage Holdings Bhd - Total Assets Trend (2016–2025)
This chart illustrates how Ocean Vantage Holdings Bhd's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Ocean Vantage Holdings Bhd for net asset value and shareholders' equity analysis.
Ocean Vantage Holdings Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
Ocean Vantage Holdings Bhd's total assets of RM93.79 Million consist of 87.3% current assets and 12.7% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 29.6% |
| Accounts Receivable | RM35.23 Million | 37.6% |
| Inventory | RM291.00K | 0.3% |
| Property, Plant & Equipment | RM11.94 Million | 12.7% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2016–2025)
This chart illustrates how Ocean Vantage Holdings Bhd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Ocean Vantage Holdings Bhd (0220) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ocean Vantage Holdings Bhd's current assets represent 87.3% of total assets in 2025, a decrease from 91.1% in 2016.
- Cash Position: Cash and equivalents constituted 29.6% of total assets in 2025, up from 0.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 37.6% of total assets.
Ocean Vantage Holdings Bhd Competitors by Total Assets
Key competitors of Ocean Vantage Holdings Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Oilfield Services Ltd Class A
SHG:601808
|
China | CN¥86.44 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
China | CN¥4.40 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
SD Standard Drilling PLC
OL:SDSD
|
Norway | Nkr114.62 Million |
|
PBG SA
WAR:PBG
|
Poland | zł22.34 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
Ocean Vantage Holdings Bhd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.74 | 1.72 | 6.84 |
| Quick Ratio | 4.72 | 1.71 | 6.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM64.59 Million | RM52.11 Million | RM46.41 Million |
Ocean Vantage Holdings Bhd - Advanced Valuation Insights
This section examines the relationship between Ocean Vantage Holdings Bhd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.26 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -35.3% |
| Total Assets | RM93.79 Million |
| Market Capitalization | $29.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ocean Vantage Holdings Bhd's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ocean Vantage Holdings Bhd's assets decreased by 35.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ocean Vantage Holdings Bhd (2016–2025)
The table below shows the annual total assets of Ocean Vantage Holdings Bhd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM93.79 Million ≈ $23.55 Million |
-35.30% |
| 2024-12-31 | RM144.95 Million ≈ $36.39 Million |
+21.31% |
| 2023-12-31 | RM119.49 Million ≈ $30.00 Million |
+21.97% |
| 2022-12-31 | RM97.97 Million ≈ $24.60 Million |
+28.38% |
| 2021-12-31 | RM76.31 Million ≈ $19.16 Million |
+31.71% |
| 2020-12-31 | RM57.94 Million ≈ $14.55 Million |
+101.19% |
| 2019-12-31 | RM28.80 Million ≈ $7.23 Million |
+34.91% |
| 2018-12-31 | RM21.35 Million ≈ $5.36 Million |
+15.47% |
| 2017-12-31 | RM18.49 Million ≈ $4.64 Million |
-68.11% |
| 2016-12-31 | RM57.98 Million ≈ $14.56 Million |
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About Ocean Vantage Holdings Bhd
Ocean Vantage Holdings Berhad, an investment holding company, provides integrated support services for the upstream and downstream of the oil and gas industry in Malaysia and internationally. The company offers engineering, procurement, and construction, as well as project management, investment, and operation services; supplies manpower, materials, tools, and equipment; and provides drilling rig… Read more