Openjobmetis Balance Sheet Health
Financial Health criteria checks 6/6
Openjobmetis has a total shareholder equity of €141.6M and total debt of €16.1M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are €303.8M and €162.3M respectively. Openjobmetis's EBIT is €20.0M making its interest coverage ratio 37.9. It has cash and short-term investments of €11.6M.
Key information
11.3%
Debt to equity ratio
€16.06m
Debt
Interest coverage ratio | 37.9x |
Cash | €11.63m |
Equity | €141.55m |
Total liabilities | €162.28m |
Total assets | €303.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OJMM's short term assets (€161.8M) exceed its short term liabilities (€147.5M).
Long Term Liabilities: OJMM's short term assets (€161.8M) exceed its long term liabilities (€14.8M).
Debt to Equity History and Analysis
Debt Level: OJMM's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: OJMM's debt to equity ratio has reduced from 45.2% to 11.3% over the past 5 years.
Debt Coverage: OJMM's debt is well covered by operating cash flow (240.8%).
Interest Coverage: OJMM's interest payments on its debt are well covered by EBIT (37.9x coverage).