OPG Power Ventures Balance Sheet Health
Financial Health criteria checks 5/6
OPG Power Ventures has a total shareholder equity of £173.1M and total debt of £25.1M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are £262.4M and £89.3M respectively. OPG Power Ventures's EBIT is £9.3M making its interest coverage ratio 2.3. It has cash and short-term investments of £38.6M.
Key information
14.5%
Debt to equity ratio
UK£25.07m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£38.64m |
| Equity | UK£173.08m |
| Total liabilities | UK£89.31m |
| Total assets | UK£262.39m |
Recent financial health updates
Recent updates
Returns At OPG Power Ventures (LON:OPG) Are On The Way Up
Sep 23
OPG Power Ventures (LON:OPG) Is Doing The Right Things To Multiply Its Share Price
Jun 01Returns On Capital At OPG Power Ventures (LON:OPG) Have Hit The Brakes
Dec 08These 4 Measures Indicate That OPG Power Ventures (LON:OPG) Is Using Debt Extensively
Feb 25We Like The Quality Of OPG Power Ventures' (LON:OPG) Earnings
Oct 07OPG Power Ventures (LON:OPG) Is Doing The Right Things To Multiply Its Share Price
Mar 30Here's What OPG Power Ventures Plc's (LON:OPG) Shareholder Ownership Structure Looks Like
Feb 23Would Shareholders Who Purchased OPG Power Ventures' (LON:OPG) Stock Five Years Be Happy With The Share price Today?
Feb 01
Will The ROCE Trend At OPG Power Ventures (LON:OPG) Continue?
Dec 29A Quick Analysis On OPG Power Ventures' (LON:OPG) CEO Compensation
Nov 30Financial Position Analysis
Short Term Liabilities: OPG's short term assets (£80.4M) exceed its short term liabilities (£50.3M).
Long Term Liabilities: OPG's short term assets (£80.4M) exceed its long term liabilities (£39.0M).
Debt to Equity History and Analysis
Debt Level: OPG has more cash than its total debt.
Reducing Debt: OPG's debt to equity ratio has reduced from 60.9% to 14.5% over the past 5 years.
Debt Coverage: OPG's debt is well covered by operating cash flow (45.9%).
Interest Coverage: OPG's interest payments on its debt are not well covered by EBIT (2.3x coverage).