Orica Balance Sheet Health
Financial Health criteria checks 6/6
Orica has a total shareholder equity of A$4.1B and total debt of A$2.1B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are A$8.8B and A$4.7B respectively. Orica's EBIT is A$666.6M making its interest coverage ratio 4.6. It has cash and short-term investments of A$1.2B.
Key information
51.2%
Debt to equity ratio
AU$2.08b
Debt
Interest coverage ratio | 4.6x |
Cash | AU$1.15b |
Equity | AU$4.05b |
Total liabilities | AU$4.72b |
Total assets | AU$8.77b |
Recent financial health updates
Orica (ASX:ORI) Has A Pretty Healthy Balance Sheet
Nov 28Orica (ASX:ORI) Seems To Use Debt Quite Sensibly
Jul 26Is Orica (ASX:ORI) A Risky Investment?
Dec 29These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Extensively
Nov 16Is Orica (ASX:ORI) A Risky Investment?
Jun 17Orica (ASX:ORI) Has A Somewhat Strained Balance Sheet
Mar 08Recent updates
Here's Why We Think Orica (ASX:ORI) Might Deserve Your Attention Today
Apr 10Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return
Feb 01Orica Limited's (ASX:ORI) P/E Is On The Mark
Jan 17Is Now The Time To Put Orica (ASX:ORI) On Your Watchlist?
Dec 30Orica (ASX:ORI) Has A Pretty Healthy Balance Sheet
Nov 28Orica (ASX:ORI) Is Increasing Its Dividend To A$0.25
Nov 11There's Been No Shortage Of Growth Recently For Orica's (ASX:ORI) Returns On Capital
Oct 06Is Orica Limited (ASX:ORI) Trading At A 41% Discount?
Aug 11Orica (ASX:ORI) Seems To Use Debt Quite Sensibly
Jul 26Returns At Orica (ASX:ORI) Are On The Way Up
Jun 23An Intrinsic Calculation For Orica Limited (ASX:ORI) Suggests It's 40% Undervalued
Mar 23Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return
Mar 01Is Orica (ASX:ORI) A Risky Investment?
Dec 29News Flash: Analysts Just Made A Captivating Upgrade To Their Orica Limited (ASX:ORI) Forecasts
Nov 16Returns On Capital At Orica (ASX:ORI) Have Hit The Brakes
Nov 11Orica (ASX:ORI) Has Announced That It Will Be Increasing Its Dividend To AU$0.13
May 21Some Investors May Be Worried About Orica's (ASX:ORI) Returns On Capital
May 14Orica (ASX:ORI) Is Finding It Tricky To Allocate Its Capital
Feb 12An Intrinsic Calculation For Orica Limited (ASX:ORI) Suggests It's 26% Undervalued
Jan 25These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Extensively
Nov 16Orica (ASX:ORI) Could Be Struggling To Allocate Capital
Oct 25Investors Could Be Concerned With Orica's (ASX:ORI) Returns On Capital
Jul 05Is Orica (ASX:ORI) A Risky Investment?
Jun 17Orica (ASX:ORI) Could Be Struggling To Allocate Capital
Apr 05Did Orica Limited (ASX:ORI) Insiders Buy Up More Shares?
Mar 21Orica (ASX:ORI) Has A Somewhat Strained Balance Sheet
Mar 08Should Orica Limited (ASX:ORI) Be Part Of Your Dividend Portfolio?
Feb 24Are Investors Undervaluing Orica Limited (ASX:ORI) By 37%?
Feb 12Financial Position Analysis
Short Term Liabilities: ORI's short term assets (A$3.1B) exceed its short term liabilities (A$2.0B).
Long Term Liabilities: ORI's short term assets (A$3.1B) exceed its long term liabilities (A$2.8B).
Debt to Equity History and Analysis
Debt Level: ORI's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: ORI's debt to equity ratio has reduced from 72.8% to 51.2% over the past 5 years.
Debt Coverage: ORI's debt is well covered by operating cash flow (43.3%).
Interest Coverage: ORI's interest payments on its debt are well covered by EBIT (4.6x coverage).