Ordina Balance Sheet Health
Financial Health criteria checks 4/6
Ordina has a total shareholder equity of €146.6M and total debt of €10.5M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are €275.0M and €128.4M respectively. Ordina's EBIT is €34.3M making its interest coverage ratio 24.9. It has cash and short-term investments of €6.5M.
Key information
7.2%
Debt to equity ratio
€10.50m
Debt
Interest coverage ratio | 24.9x |
Cash | €6.46m |
Equity | €146.61m |
Total liabilities | €128.40m |
Total assets | €275.01m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (€100.7M) do not cover its short term liabilities (€107.5M).
Long Term Liabilities: ORA's short term assets (€100.7M) exceed its long term liabilities (€20.9M).
Debt to Equity History and Analysis
Debt Level: ORA's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: ORA's debt to equity ratio has increased from 4.4% to 7.2% over the past 5 years.
Debt Coverage: ORA's debt is well covered by operating cash flow (270.1%).
Interest Coverage: ORA's interest payments on its debt are well covered by EBIT (24.9x coverage).