OEM International Balance Sheet Health
Financial Health criteria checks 6/6
OEM International has a total shareholder equity of SEK2.1B and total debt of SEK42.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are SEK3.0B and SEK908.0M respectively. OEM International's EBIT is SEK729.1M making its interest coverage ratio 243. It has cash and short-term investments of SEK311.0M.
Key information
2.0%
Debt to equity ratio
SEK 42.00m
Debt
| Interest coverage ratio | 243x |
| Cash | SEK 311.00m |
| Equity | SEK 2.07b |
| Total liabilities | SEK 908.00m |
| Total assets | SEK 2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QTY's short term assets (SEK2.2B) exceed its short term liabilities (SEK693.0M).
Long Term Liabilities: 0QTY's short term assets (SEK2.2B) exceed its long term liabilities (SEK215.0M).
Debt to Equity History and Analysis
Debt Level: 0QTY has more cash than its total debt.
Reducing Debt: 0QTY's debt to equity ratio has reduced from 29.7% to 2% over the past 5 years.
Debt Coverage: 0QTY's debt is well covered by operating cash flow (1966%).
Interest Coverage: 0QTY's interest payments on its debt are well covered by EBIT (243x coverage).