OMV Petrom Balance Sheet Health
Financial Health criteria checks 6/6
OMV Petrom has a total shareholder equity of RON39.1B and total debt of RON175.8M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are RON57.7B and RON18.6B respectively. OMV Petrom's EBIT is RON7.6B making its interest coverage ratio -14.5. It has cash and short-term investments of RON16.0B.
Key information
0.4%
Debt to equity ratio
RON 175.83m
Debt
| Interest coverage ratio | -14.5x |
| Cash | RON 15.99b |
| Equity | RON 39.11b |
| Total liabilities | RON 18.56b |
| Total assets | RON 57.68b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETB's short term assets (RON22.6B) exceed its short term liabilities (RON8.0B).
Long Term Liabilities: PETB's short term assets (RON22.6B) exceed its long term liabilities (RON10.6B).
Debt to Equity History and Analysis
Debt Level: PETB has more cash than its total debt.
Reducing Debt: PETB's debt to equity ratio has reduced from 2.2% to 0.4% over the past 5 years.
Debt Coverage: PETB's debt is well covered by operating cash flow (5700.5%).
Interest Coverage: PETB earns more interest than it pays, so coverage of interest payments is not a concern.