Orbit Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Orbit Technologies has a total shareholder equity of $80.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $120.4M and $40.4M respectively. Orbit Technologies's EBIT is $11.4M making its interest coverage ratio -16.5. It has cash and short-term investments of $38.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -16.5x |
| Cash | US$38.80m |
| Equity | US$80.01m |
| Total liabilities | US$40.36m |
| Total assets | US$120.38m |
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 ($85.5M) exceed its short term liabilities ($28.4M).
Long Term Liabilities: ORBI's short term assets ($85.5M) exceed its long term liabilities ($11.9M).
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 20.9%.
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.