Owens & Minor Balance Sheet Health
Financial Health criteria checks 3/6
Owens & Minor has a total shareholder equity of $924.2M and total debt of $2.1B, which brings its debt-to-equity ratio to 225.6%. Its total assets and total liabilities are $5.1B and $4.2B respectively. Owens & Minor's EBIT is $311.5M making its interest coverage ratio 2. It has cash and short-term investments of $243.0M.
Key information
225.6%
Debt to equity ratio
US$2.09b
Debt
Interest coverage ratio | 2x |
Cash | US$243.04m |
Equity | US$924.17m |
Total liabilities | US$4.17b |
Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OM's short term assets ($2.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: 6OM's short term assets ($2.1B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 6OM's net debt to equity ratio (199.3%) is considered high.
Reducing Debt: 6OM's debt to equity ratio has reduced from 324.7% to 225.6% over the past 5 years.
Debt Coverage: 6OM's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 6OM's interest payments on its debt are not well covered by EBIT (2x coverage).