OPG Power Ventures Balance Sheet Health
Financial Health criteria checks 6/6
OPG Power Ventures has a total shareholder equity of £170.5M and total debt of £28.6M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are £272.9M and £102.5M respectively. OPG Power Ventures's EBIT is £11.5M making its interest coverage ratio 4.4. It has cash and short-term investments of £21.6M.
Key information
16.8%
Debt to equity ratio
UK£28.64m
Debt
| Interest coverage ratio | 4.4x |
| Cash | UK£21.61m |
| Equity | UK£170.48m |
| Total liabilities | UK£102.46m |
| Total assets | UK£272.94m |
Recent financial health updates
Recent updates
Slammed 31% OPG Power Ventures Plc (LON:OPG) Screens Well Here But There Might Be A Catch
Nov 16
Here's What's Concerning About OPG Power Ventures' (LON:OPG) Returns On Capital
Aug 21Returns At OPG Power Ventures (LON:OPG) Are On The Way Up
Sep 23OPG 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 (£94.7M) exceed its short term liabilities (£61.4M).
Long Term Liabilities: OPG's short term assets (£94.7M) exceed its long term liabilities (£41.1M).
Debt to Equity History and Analysis
Debt Level: OPG's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: OPG's debt to equity ratio has reduced from 52.1% to 16.8% over the past 5 years.
Debt Coverage: OPG's debt is well covered by operating cash flow (72.7%).
Interest Coverage: OPG's interest payments on its debt are well covered by EBIT (4.4x coverage).