Ontex Group Balance Sheet Health
Financial Health criteria checks 3/6
Ontex Group has a total shareholder equity of €902.0M and total debt of €698.2M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are €2.4B and €1.5B respectively. Ontex Group's EBIT is €107.3M making its interest coverage ratio 2.2. It has cash and short-term investments of €101.4M.
Key information
77.4%
Debt to equity ratio
€698.20m
Debt
Interest coverage ratio | 2.2x |
Cash | €101.40m |
Equity | €902.00m |
Total liabilities | €1.46b |
Total assets | €2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OT7's short term assets (€925.7M) exceed its short term liabilities (€752.2M).
Long Term Liabilities: OT7's short term assets (€925.7M) exceed its long term liabilities (€707.5M).
Debt to Equity History and Analysis
Debt Level: OT7's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: OT7's debt to equity ratio has increased from 72.7% to 77.4% over the past 5 years.
Debt Coverage: OT7's debt is well covered by operating cash flow (23%).
Interest Coverage: OT7's interest payments on its debt are not well covered by EBIT (2.2x coverage).