OEM International Balance Sheet Health
Financial Health criteria checks 6/6
OEM International has a total shareholder equity of SEK2.2B and total debt of SEK57.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are SEK3.1B and SEK927.0M respectively. OEM International's EBIT is SEK733.1M making its interest coverage ratio 244.4. It has cash and short-term investments of SEK407.0M.
Key information
2.6%
Debt to equity ratio
SEK 57.00m
Debt
| Interest coverage ratio | 244.4x |
| Cash | SEK 407.00m |
| Equity | SEK 2.21b |
| Total liabilities | SEK 927.00m |
| Total assets | SEK 3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OEA1's short term assets (SEK2.4B) exceed its short term liabilities (SEK711.0M).
Long Term Liabilities: OEA1's short term assets (SEK2.4B) exceed its long term liabilities (SEK216.0M).
Debt to Equity History and Analysis
Debt Level: OEA1 has more cash than its total debt.
Reducing Debt: OEA1's debt to equity ratio has reduced from 22.9% to 2.6% over the past 5 years.
Debt Coverage: OEA1's debt is well covered by operating cash flow (1415.3%).
Interest Coverage: OEA1's interest payments on its debt are well covered by EBIT (244.4x coverage).