Orient Telecoms Balance Sheet Health
Financial Health criteria checks 6/6
Orient Telecoms has a total shareholder equity of £548.7K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £765.8K and £217.1K respectively. Orient Telecoms's EBIT is £85.6K making its interest coverage ratio 8.5. It has cash and short-term investments of £263.1K.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 8.5x |
Cash | UK£263.15k |
Equity | UK£548.65k |
Total liabilities | UK£217.10k |
Total assets | UK£765.75k |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ORNT's short term assets (£623.6K) exceed its short term liabilities (£116.2K).
Long Term Liabilities: ORNT's short term assets (£623.6K) exceed its long term liabilities (£100.9K).
Debt to Equity History and Analysis
Debt Level: ORNT is debt free.
Reducing Debt: ORNT has not had any debt for past 5 years.
Debt Coverage: ORNT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORNT has no debt, therefore coverage of interest payments is not a concern.