Orcoda Balance Sheet Health
Financial Health criteria checks 5/6
Orcoda has a total shareholder equity of A$17.3M and total debt of A$3.4M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are A$24.8M and A$7.6M respectively. Orcoda's EBIT is A$1.7M making its interest coverage ratio 5.1. It has cash and short-term investments of A$3.7M.
Key information
19.8%
Debt to equity ratio
AU$3.41m
Debt
| Interest coverage ratio | 5.1x |
| Cash | AU$3.69m |
| Equity | AU$17.28m |
| Total liabilities | AU$7.56m |
| Total assets | AU$24.84m |
Recent financial health updates
Here's Why Orcoda (ASX:ODA) Can Manage Its Debt Responsibly
Jun 20
We Think Orcoda (ASX:ODA) Can Stay On Top Of Its Debt
Nov 20We Think Orcoda (ASX:ODA) Has A Fair Chunk Of Debt
Mar 01Recent updates
We Think Shareholders Are Less Likely To Approve A Pay Rise For Orcoda Limited's (ASX:ODA) CEO For Now
Nov 22Orcoda Limited's (ASX:ODA) 30% Share Price Plunge Could Signal Some Risk
Nov 01Subdued Growth No Barrier To Orcoda Limited (ASX:ODA) With Shares Advancing 27%
Aug 30Investors Give Orcoda Limited (ASX:ODA) Shares A 28% Hiding
Jul 05Here's Why Orcoda (ASX:ODA) Can Manage Its Debt Responsibly
Jun 20Why Orcoda Limited (ASX:ODA) Could Be Worth Watching
May 02We Think Orcoda (ASX:ODA) Can Stay On Top Of Its Debt
Nov 20Here's Why We Think Orcoda Limited's (ASX:ODA) CEO Compensation Looks Fair
Nov 22Orcoda Limited (ASX:ODA) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Oct 26Estimating The Intrinsic Value Of Orcoda Limited (ASX:ODA)
Dec 16We Think Orcoda (ASX:ODA) Has A Fair Chunk Of Debt
Mar 01Financial Position Analysis
Short Term Liabilities: ODA's short term assets (A$7.4M) exceed its short term liabilities (A$4.7M).
Long Term Liabilities: ODA's short term assets (A$7.4M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: ODA has more cash than its total debt.
Reducing Debt: ODA's debt to equity ratio has increased from 0% to 19.8% over the past 5 years.
Debt Coverage: ODA's debt is well covered by operating cash flow (57.9%).
Interest Coverage: ODA's interest payments on its debt are well covered by EBIT (5.1x coverage).