OMV Balance Sheet Health
Financial Health criteria checks 6/6
OMV has a total shareholder equity of €25.4B and total debt of €7.5B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are €50.7B and €25.3B respectively. OMV's EBIT is €4.7B making its interest coverage ratio -44.1. It has cash and short-term investments of €8.3B.
Key information
29.7%
Debt to equity ratio
€7.54b
Debt
Interest coverage ratio | -44.1x |
Cash | €8.30b |
Equity | €25.37b |
Total liabilities | €25.29b |
Total assets | €50.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MKH's short term assets (€19.1B) exceed its short term liabilities (€10.5B).
Long Term Liabilities: 0MKH's short term assets (€19.1B) exceed its long term liabilities (€14.8B).
Debt to Equity History and Analysis
Debt Level: 0MKH has more cash than its total debt.
Reducing Debt: 0MKH's debt to equity ratio has reduced from 37.5% to 29.7% over the past 5 years.
Debt Coverage: 0MKH's debt is well covered by operating cash flow (75.7%).
Interest Coverage: 0MKH earns more interest than it pays, so coverage of interest payments is not a concern.