Omnicom Group Balance Sheet Health
Financial Health criteria checks 4/6
Omnicom Group has a total shareholder equity of $3.6B and total debt of $5.5B, which brings its debt-to-equity ratio to 149.9%. Its total assets and total liabilities are $24.1B and $20.5B respectively. Omnicom Group's EBIT is $2.1B making its interest coverage ratio 17.7. It has cash and short-term investments of $3.3B.
Key information
149.9%
Debt to equity ratio
US$5.46b
Debt
Interest coverage ratio | 17.7x |
Cash | US$3.29b |
Equity | US$3.64b |
Total liabilities | US$20.49b |
Total assets | US$24.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCN's short term assets ($12.0B) do not cover its short term liabilities ($12.7B).
Long Term Liabilities: OCN's short term assets ($12.0B) exceed its long term liabilities ($7.8B).
Debt to Equity History and Analysis
Debt Level: OCN's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: OCN's debt to equity ratio has reduced from 151.4% to 149.9% over the past 5 years.
Debt Coverage: OCN's debt is well covered by operating cash flow (26.7%).
Interest Coverage: OCN's interest payments on its debt are well covered by EBIT (17.7x coverage).