Ormonde Mining Balance Sheet Health
Financial Health criteria checks 6/6
Ormonde Mining has a total shareholder equity of €9.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €10.1M and €203.0K respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €1.54m |
| Equity | €9.90m |
| Total liabilities | €203.00k |
| Total assets | €10.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORM's short term assets (€2.1M) exceed its short term liabilities (€203.0K).
Long Term Liabilities: ORM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ORM is debt free.
Reducing Debt: ORM has not had any debt for past 5 years.
Debt Coverage: ORM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORM has no debt, therefore coverage of interest payments is not a concern.