OFX Group Balance Sheet Health
Financial Health criteria checks 5/6
OFX Group has a total shareholder equity of A$173.7M and total debt of A$30.7M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are A$536.0M and A$362.3M respectively. OFX Group's EBIT is A$38.3M making its interest coverage ratio 6.8. It has cash and short-term investments of A$74.7M.
Key information
17.7%
Debt to equity ratio
AU$30.69m
Debt
| Interest coverage ratio | 6.8x |
| Cash | AU$74.69m |
| Equity | AU$173.69m |
| Total liabilities | AU$362.31m |
| Total assets | AU$536.00m |
Recent financial health updates
No updates
Recent updates
Market Cool On OFX Group Limited's (ASX:OFX) Earnings Pushing Shares 31% Lower
Oct 17
OFX Group Limited's (ASX:OFX) Shares Leap 35% Yet They're Still Not Telling The Full Story
May 22Here's Why We Think OFX Group (ASX:OFX) Might Deserve Your Attention Today
Nov 14Is Now The Time To Put OFX Group (ASX:OFX) On Your Watchlist?
Jul 07OFX Group Limited's (ASX:OFX) CEO Might Not Expect Shareholders To Be So Generous This Year
Aug 19Investors In OFX Group Limited (ASX:OFX) Should Consider This, First
Apr 14Have Insiders Been Buying OFX Group Limited (ASX:OFX) Shares?
Mar 14What Percentage Of OFX Group Limited (ASX:OFX) Shares Do Insiders Own?
Feb 01
Is OFX Group Limited (ASX:OFX) A Strong Dividend Stock?
Jan 14How Is OFX Group's (ASX:OFX) CEO Paid Relative To Peers?
Dec 27Need To Know: OFX Group Limited (ASX:OFX) Insiders Have Been Buying Shares
Dec 09We Wouldn't Be Too Quick To Buy OFX Group Limited (ASX:OFX) Before It Goes Ex-Dividend
Nov 20Financial Position Analysis
Short Term Liabilities: OFX's short term assets (A$394.3M) exceed its short term liabilities (A$302.0M).
Long Term Liabilities: OFX's short term assets (A$394.3M) exceed its long term liabilities (A$60.3M).
Debt to Equity History and Analysis
Debt Level: OFX has more cash than its total debt.
Reducing Debt: OFX's debt to equity ratio has increased from 0% to 17.7% over the past 5 years.
Debt Coverage: OFX's debt is well covered by operating cash flow (148.1%).
Interest Coverage: OFX's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
OFX Group Limited is covered by 9 analysts. 3 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 |
|---|---|
| Silvia Spadea | BofA Global Research |
| Owen Humphries | Canaccord Genuity |
| Bob Chen | Deutsche Bank |