ORBIS Balance Sheet Health
Financial Health criteria checks 5/6
ORBIS has a total shareholder equity of €38.1M and total debt of €2.9M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are €87.3M and €49.2M respectively. ORBIS's EBIT is €4.3M making its interest coverage ratio 5.8. It has cash and short-term investments of €14.2M.
Key information
7.6%
Debt to equity ratio
€2.89m
Debt
| Interest coverage ratio | 5.8x |
| Cash | €14.19m |
| Equity | €38.09m |
| Total liabilities | €49.18m |
| Total assets | €87.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FGS's short term assets (€46.6M) exceed its short term liabilities (€34.4M).
Long Term Liabilities: 0FGS's short term assets (€46.6M) exceed its long term liabilities (€14.8M).
Debt to Equity History and Analysis
Debt Level: 0FGS has more cash than its total debt.
Reducing Debt: 0FGS's debt to equity ratio has increased from 0.3% to 7.6% over the past 5 years.
Debt Coverage: 0FGS's debt is well covered by operating cash flow (379.5%).
Interest Coverage: 0FGS's interest payments on its debt are well covered by EBIT (5.8x coverage).