OFX Group Balance Sheet Health
Financial Health criteria checks 5/6
OFX Group has a total shareholder equity of A$161.0M and total debt of A$54.7M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are A$581.4M and A$420.5M respectively. OFX Group's EBIT is A$43.4M making its interest coverage ratio 6.3. It has cash and short-term investments of A$92.8M.
Key information
34.0%
Debt to equity ratio
AU$54.67m
Debt
| Interest coverage ratio | 6.3x |
| Cash | AU$92.82m |
| Equity | AU$160.96m |
| Total liabilities | AU$420.49m |
| Total assets | AU$581.45m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think OFX Group (ASX:OFX) Might Deserve Your Attention Today
Nov 14
Is 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$436.0M) exceed its short term liabilities (A$331.0M).
Long Term Liabilities: OFX's short term assets (A$436.0M) exceed its long term liabilities (A$89.5M).
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 34% over the past 5 years.
Debt Coverage: OFX's debt is well covered by operating cash flow (109.6%).
Interest Coverage: OFX's interest payments on its debt are well covered by EBIT (6.3x coverage).