OMV Balance Sheet Health
Financial Health criteria checks 6/6
OMV has a total shareholder equity of €24.1B and total debt of €7.6B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are €48.2B and €24.1B respectively. OMV's EBIT is €4.1B making its interest coverage ratio -40.5. It has cash and short-term investments of €6.9B.
Key information
31.7%
Debt to equity ratio
€7.64b
Debt
| Interest coverage ratio | -40.5x |
| Cash | €6.93b |
| Equity | €24.13b |
| Total liabilities | €24.10b |
| Total assets | €48.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMV's short term assets (€16.6B) exceed its short term liabilities (€9.1B).
Long Term Liabilities: OMV's short term assets (€16.6B) exceed its long term liabilities (€15.0B).
Debt to Equity History and Analysis
Debt Level: OMV's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: OMV's debt to equity ratio has reduced from 42.1% to 31.7% over the past 5 years.
Debt Coverage: OMV's debt is well covered by operating cash flow (72.3%).
Interest Coverage: OMV earns more interest than it pays, so coverage of interest payments is not a concern.