Oeneo Balance Sheet Health
Financial Health criteria checks 6/6
Oeneo has a total shareholder equity of €343.0M and total debt of €55.2M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are €492.0M and €149.0M respectively. Oeneo's EBIT is €54.6M making its interest coverage ratio 31.2. It has cash and short-term investments of €30.3M.
Key information
16.1%
Debt to equity ratio
€55.18m
Debt
Interest coverage ratio | 31.2x |
Cash | €30.29m |
Equity | €343.03m |
Total liabilities | €148.97m |
Total assets | €492.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O64's short term assets (€286.2M) exceed its short term liabilities (€85.7M).
Long Term Liabilities: O64's short term assets (€286.2M) exceed its long term liabilities (€63.3M).
Debt to Equity History and Analysis
Debt Level: O64's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: O64's debt to equity ratio has reduced from 40% to 16.1% over the past 5 years.
Debt Coverage: O64's debt is well covered by operating cash flow (74.3%).
Interest Coverage: O64's interest payments on its debt are well covered by EBIT (31.2x coverage).