Objective Balance Sheet Health
Financial Health criteria checks 6/6
Objective has a total shareholder equity of A$77.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$145.5M and A$68.4M respectively. Objective's EBIT is A$31.6M making its interest coverage ratio 50.9. It has cash and short-term investments of A$67.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 50.9x |
| Cash | AU$67.11m |
| Equity | AU$77.12m |
| Total liabilities | AU$68.41m |
| Total assets | AU$145.53m |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Objective Corporation Limited's (ASX:OCL) P/E Ratio
Apr 24
A Look At The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Feb 15Why We Think Objective Corporation Limited's (ASX:OCL) CEO Compensation Is Not Excessive At All
Nov 21Estimating The Fair Value Of Objective Corporation Limited (ASX:OCL)
Nov 07Objective's (ASX:OCL) Returns On Capital Not Reflecting Well On The Business
Sep 27Objective Corporation Limited (ASX:OCL) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
Aug 23Investors Could Be Concerned With Objective's (ASX:OCL) Returns On Capital
May 29Should You Be Adding Objective (ASX:OCL) To Your Watchlist Today?
Nov 27What Does Objective Corporation Limited's (ASX:OCL) Share Price Indicate?
Nov 11Calculating The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Oct 07With EPS Growth And More, Objective (ASX:OCL) Makes An Interesting Case
Aug 04Estimating The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Jul 07Investors Shouldn't Overlook The Favourable Returns On Capital At Objective (ASX:OCL)
Apr 29We Think Objective's (ASX:OCL) Healthy Earnings Might Be Conservative
Mar 02A Look At The Intrinsic Value Of Objective Corporation Limited (ASX:OCL)
Feb 21Here's What Objective's (ASX:OCL) Strong Returns On Capital Mean
Jan 25Is Now The Time To Put Objective (ASX:OCL) On Your Watchlist?
Nov 23Many Would Be Envious Of Objective's (ASX:OCL) Excellent Returns On Capital
Sep 06Does Objective (ASX:OCL) Deserve A Spot On Your Watchlist?
Aug 05Objective (ASX:OCL) Is Achieving High Returns On Its Capital
Jun 01Is Objective (ASX:OCL) The Next Multi-Bagger?
Mar 02Our Take On Objective's (ASX:OCL) CEO Salary
Feb 09If You Like EPS Growth Then Check Out Objective (ASX:OCL) Before It's Too Late
Jan 19
Objective Corporation Limited (ASX:OCL) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Dec 29Did You Participate In Any Of Objective's (ASX:OCL) Incredible 620% Return?
Dec 08A Look Into Objective's (ASX:OCL) Impressive Returns On Capital
Nov 17Objective (ASX:OCL) Has Rewarded Shareholders With An Exceptional 639% Total Return On Their Investment
Aug 26Here's What To Make Of Objective's (ASX:OCL) Returns On Capital
Jul 19Financial Position Analysis
Short Term Liabilities: OCL's short term assets (A$83.1M) exceed its short term liabilities (A$55.5M).
Long Term Liabilities: OCL's short term assets (A$83.1M) exceed its long term liabilities (A$12.9M).
Debt to Equity History and Analysis
Debt Level: OCL is debt free.
Reducing Debt: OCL has not had any debt for past 5 years.
Debt Coverage: OCL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OCL has no debt, therefore coverage of interest payments is not a concern.