Orecap Invest Balance Sheet Health
Financial Health criteria checks 6/6
Orecap Invest has a total shareholder equity of CA$7.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.1M and CA$3.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$9.71m |
Equity | CA$7.57m |
Total liabilities | CA$3.52m |
Total assets | CA$11.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCI's short term assets (CA$11.1M) exceed its short term liabilities (CA$3.5M).
Long Term Liabilities: OCI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OCI is debt free.
Reducing Debt: OCI has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: OCI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OCI has no debt, therefore coverage of interest payments is not a concern.