Orbital Balance Sheet Health
Financial Health criteria checks 4/6
Orbital has a total shareholder equity of A$10.8M and total debt of A$2.4M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are A$22.2M and A$11.4M respectively.
Key information
22.5%
Debt to equity ratio
AU$2.44m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.78m |
| Equity | AU$10.83m |
| Total liabilities | AU$11.40m |
| Total assets | AU$22.23m |
Recent financial health updates
Is Orbital (ASX:OEC) Using Debt In A Risky Way?
Apr 17
Is Orbital (ASX:OEC) Using Too Much Debt?
Dec 11Orbital (ASX:OEC) Is Making Moderate Use Of Debt
Mar 30We Think Orbital (ASX:OEC) Has A Fair Chunk Of Debt
Dec 14These 4 Measures Indicate That Orbital (ASX:OEC) Is Using Debt Extensively
Jun 10These 4 Measures Indicate That Orbital (ASX:OEC) Is Using Debt Extensively
Mar 03Recent updates
Is Orbital (ASX:OEC) Using Debt In A Risky Way?
Apr 17Orbital Corporation Limited's (ASX:OEC) 29% Share Price Plunge Could Signal Some Risk
Dec 21Is Orbital (ASX:OEC) Using Too Much Debt?
Dec 11Orbital (ASX:OEC) Is Making Moderate Use Of Debt
Mar 30We Think Orbital (ASX:OEC) Has A Fair Chunk Of Debt
Dec 14Estimating The Fair Value Of Orbital Corporation Limited (ASX:OEC)
Jul 30These 4 Measures Indicate That Orbital (ASX:OEC) Is Using Debt Extensively
Jun 10Returns On Capital Are Showing Encouraging Signs At Orbital (ASX:OEC)
Mar 29These 4 Measures Indicate That Orbital (ASX:OEC) Is Using Debt Extensively
Mar 03One Analyst Thinks Orbital Corporation Limited's (ASX:OEC) Revenues Are Under Threat
Feb 02
We're Not Counting On Orbital (ASX:OEC) To Sustain Its Statutory Profitability
Jan 31When Should You Buy Orbital Corporation Limited (ASX:OEC)?
Jan 05Here's What We Learned About The CEO Pay At Orbital Corporation Limited (ASX:OEC)
Dec 10Introducing Orbital (ASX:OEC), The Stock That Zoomed 240% In The Last Year
Nov 22Financial Position Analysis
Short Term Liabilities: OEC's short term assets (A$11.8M) exceed its short term liabilities (A$8.4M).
Long Term Liabilities: OEC's short term assets (A$11.8M) exceed its long term liabilities (A$3.0M).
Debt to Equity History and Analysis
Debt Level: OEC has more cash than its total debt.
Reducing Debt: OEC's debt to equity ratio has reduced from 51.8% to 22.5% over the past 5 years.
Debt Coverage: OEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OEC's interest payments on its debt are well covered by EBIT.