Orbital Balance Sheet Health
Financial Health criteria checks 4/6
Orbital has a total shareholder equity of A$10.3M and total debt of A$3.4M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are A$23.0M and A$12.7M respectively.
Key information
32.7%
Debt to equity ratio
AU$3.37m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.88m |
| Equity | AU$10.30m |
| Total liabilities | AU$12.70m |
| Total assets | AU$23.00m |
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$12.0M) exceed its short term liabilities (A$9.3M).
Long Term Liabilities: OEC's short term assets (A$12.0M) exceed its long term liabilities (A$3.4M).
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 45.1% to 32.7% 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.