Owens & Minor Balance Sheet Health
Financial Health criteria checks 2/6
Owens & Minor has a total shareholder equity of $874.6M and total debt of $1.9B, which brings its debt-to-equity ratio to 213.8%. Its total assets and total liabilities are $5.1B and $4.2B respectively. Owens & Minor's EBIT is $328.2M making its interest coverage ratio 2.3. It has cash and short-term investments of $45.5M.
Key information
213.8%
Debt to equity ratio
US$1.87b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$45.45m |
| Equity | US$874.59m |
| Total liabilities | US$4.21b |
| Total assets | US$5.08b |
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 (208.6%) is considered high.
Reducing Debt: 6OM's debt to equity ratio has reduced from 327.8% to 213.8% over the past 5 years.
Debt Coverage: 6OM's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 6OM's interest payments on its debt are not well covered by EBIT (2.3x coverage).