Opera Balance Sheet Health
Financial Health criteria checks 6/6
Opera has a total shareholder equity of $902.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $998.0M and $95.8M respectively. Opera's EBIT is $69.2M making its interest coverage ratio 744. It has cash and short-term investments of $91.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 744x |
Cash | US$91.34m |
Equity | US$902.16m |
Total liabilities | US$95.83m |
Total assets | US$997.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2V8's short term assets ($175.2M) exceed its short term liabilities ($83.4M).
Long Term Liabilities: 2V8's short term assets ($175.2M) exceed its long term liabilities ($12.4M).
Debt to Equity History and Analysis
Debt Level: 2V8 is debt free.
Reducing Debt: 2V8 had no debt 5 years ago.
Debt Coverage: 2V8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2V8 has no debt, therefore coverage of interest payments is not a concern.