Orca Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
Orca Energy Group has a total shareholder equity of $87.8M and total debt of $35.1M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are $196.6M and $108.8M respectively. Orca Energy Group's EBIT is $37.5M making its interest coverage ratio 10.5. It has cash and short-term investments of $97.2M.
Key information
39.9%
Debt to equity ratio
US$35.07m
Debt
| Interest coverage ratio | 10.5x |
| Cash | US$97.23m |
| Equity | US$87.84m |
| Total liabilities | US$108.78m |
| Total assets | US$196.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E9NB's short term assets ($127.8M) exceed its short term liabilities ($59.3M).
Long Term Liabilities: E9NB's short term assets ($127.8M) exceed its long term liabilities ($49.5M).
Debt to Equity History and Analysis
Debt Level: E9NB has more cash than its total debt.
Reducing Debt: E9NB's debt to equity ratio has reduced from 58.6% to 39.9% over the past 5 years.
Debt Coverage: E9NB's debt is well covered by operating cash flow (101%).
Interest Coverage: E9NB's interest payments on its debt are well covered by EBIT (10.5x coverage).