OMV Balance Sheet Health
Financial Health criteria checks 6/6
OMV has a total shareholder equity of €26.1B and total debt of €7.6B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are €51.3B and €25.1B respectively. OMV's EBIT is €4.5B making its interest coverage ratio -43.5. It has cash and short-term investments of €7.8B.
Key information
28.9%
Debt to equity ratio
€7.55b
Debt
Interest coverage ratio | -43.5x |
Cash | €7.83b |
Equity | €26.13b |
Total liabilities | €25.13b |
Total assets | €51.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMVV's short term assets (€19.9B) exceed its short term liabilities (€10.4B).
Long Term Liabilities: OMVV's short term assets (€19.9B) exceed its long term liabilities (€14.7B).
Debt to Equity History and Analysis
Debt Level: OMVV has more cash than its total debt.
Reducing Debt: OMVV's debt to equity ratio has reduced from 36.3% to 28.9% over the past 5 years.
Debt Coverage: OMVV's debt is well covered by operating cash flow (64.2%).
Interest Coverage: OMVV earns more interest than it pays, so coverage of interest payments is not a concern.