Orora Balance Sheet Health
Financial Health criteria checks 2/6
Orora has a total shareholder equity of A$2.1B and total debt of A$2.0B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are A$6.0B and A$3.9B respectively. Orora's EBIT is A$404.0M making its interest coverage ratio 4. It has cash and short-term investments of A$274.7M.
Key information
95.5%
Debt to equity ratio
AU$2.00b
Debt
| Interest coverage ratio | 4x |
| Cash | AU$274.70m |
| Equity | AU$2.09b |
| Total liabilities | AU$3.90b |
| Total assets | AU$5.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (A$1.9B) exceed its short term liabilities (A$1.2B).
Long Term Liabilities: ORA's short term assets (A$1.9B) do not cover its long term liabilities (A$2.7B).
Debt to Equity History and Analysis
Debt Level: ORA's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: ORA's debt to equity ratio has increased from 58.3% to 95.5% over the past 5 years.
Debt Coverage: ORA's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: ORA's interest payments on its debt are well covered by EBIT (4x coverage).