Orbit Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Orbit Technologies has a total shareholder equity of $88.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $124.9M and $36.0M respectively. Orbit Technologies's EBIT is $12.3M making its interest coverage ratio -24.1. It has cash and short-term investments of $39.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -24.1x |
| Cash | US$39.90m |
| Equity | US$88.87m |
| Total liabilities | US$36.00m |
| Total assets | US$124.88m |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Orbit Technologies Ltd (TLV:ORBI) As Its Stock Soars 26%
Jan 06
Returns Are Gaining Momentum At Orbit Technologies (TLV:ORBI)
Dec 27Orbit Technologies (TLV:ORBI) Is Doing The Right Things To Multiply Its Share Price
May 04Orbit Technologies' (TLV:ORBI) Returns On Capital Are Heading Higher
May 13Do Orbit Technologies's (TLV:ORBI) Earnings Warrant Your Attention?
Mar 29Is Now The Time To Put Orbit Technologies (TLV:ORBI) On Your Watchlist?
Jul 06Investors Will Want Orbit Technologies' (TLV:ORBI) Growth In ROCE To Persist
May 28What Do The Returns At Orbit Technologies (TLV:ORBI) Mean Going Forward?
Feb 25Did Orbit Technologies' (TLV:ORBI) Share Price Deserve to Gain 59%?
Jan 27Do Orbit Technologies's (TLV:ORBI) Earnings Warrant Your Attention?
Jan 06
Is Orbit Technologies Ltd's (TLV:ORBI) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 18Will Orbit Technologies' (TLV:ORBI) Growth In ROCE Persist?
Nov 27Financial Position Analysis
Short Term Liabilities: ORBI's short term assets ($89.2M) exceed its short term liabilities ($24.4M).
Long Term Liabilities: ORBI's short term assets ($89.2M) exceed its long term liabilities ($11.6M).
Debt to Equity History and Analysis
Debt Level: ORBI is debt free.
Reducing Debt: ORBI has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
Debt Coverage: ORBI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORBI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:07 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orbit Technologies Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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