Ora Banda Mining Balance Sheet Health
Financial Health criteria checks 4/6
Ora Banda Mining has a total shareholder equity of A$96.8M and total debt of A$4.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are A$195.8M and A$99.0M respectively. Ora Banda Mining's EBIT is A$21.9M making its interest coverage ratio 7.8. It has cash and short-term investments of A$26.8M.
Key information
4.1%
Debt to equity ratio
AU$3.99m
Debt
| Interest coverage ratio | 7.8x |
| Cash | AU$26.80m |
| Equity | AU$96.79m |
| Total liabilities | AU$99.03m |
| Total assets | AU$195.81m |
Recent financial health updates
Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly
Dec 18
Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?
Sep 30We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Aug 23We're Keeping An Eye On Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Feb 11Recent updates
Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly
Dec 18Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%
Oct 18A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price Climb
Aug 30Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price Jump
Jul 12Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their Feet
Apr 24Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?
Sep 30We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Aug 23We're Keeping An Eye On Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Feb 11Do Insiders Own Lots Of Shares In Ora Banda Mining Limited (ASX:OBM)?
Jan 07Ora Banda Mining Limited (ASX:OBM) Insiders Increased Their Holdings
Dec 03Financial Position Analysis
Short Term Liabilities: OBM's short term assets (A$56.0M) do not cover its short term liabilities (A$67.1M).
Long Term Liabilities: OBM's short term assets (A$56.0M) exceed its long term liabilities (A$31.9M).
Debt to Equity History and Analysis
Debt Level: OBM has more cash than its total debt.
Reducing Debt: OBM's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: OBM's debt is well covered by operating cash flow (909.4%).
Interest Coverage: OBM's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
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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
Ora Banda Mining Limited is covered by 2 analysts. 2 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 |
|---|---|
| Tim McCormack | Canaccord Genuity |
| Paul Hissey | MA Moelis Australia Securities Pty Ltd |