Orion Equities Balance Sheet Health
Financial Health criteria checks 6/6
Orion Equities has a total shareholder equity of A$5.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.9M and A$1.7M respectively. Orion Equities's EBIT is A$4.6M making its interest coverage ratio 30568.2. It has cash and short-term investments of A$1.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 30568.2x |
| Cash | AU$1.86m |
| Equity | AU$5.26m |
| Total liabilities | AU$1.69m |
| Total assets | AU$6.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OEQ's short term assets (A$5.1M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: OEQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OEQ is debt free.
Reducing Debt: OEQ has not had any debt for past 5 years.
Debt Coverage: OEQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OEQ has no debt, therefore coverage of interest payments is not a concern.