Orbit Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Orbit Technologies has a total shareholder equity of $82.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $125.1M and $42.8M respectively. Orbit Technologies's EBIT is $11.7M making its interest coverage ratio -13.7. It has cash and short-term investments of $41.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -13.7x |
Cash | US$41.51m |
Equity | US$82.35m |
Total liabilities | US$42.79m |
Total assets | US$125.14m |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Orbit Technologies Ltd (TLV:ORBI) As Its Stock Soars 26%
Jan 06Returns 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 06Is 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 ($89.8M) exceed its short term liabilities ($31.2M).
Long Term Liabilities: ORBI's short term assets ($89.8M) 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 20.6%.
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.