Orissa Minerals Development Balance Sheet Health
Financial Health criteria checks 3/6
Orissa Minerals Development has a total shareholder equity of ₹-120.3M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.5B and ₹3.6B respectively. Orissa Minerals Development's EBIT is ₹307.4M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹287.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹287.73m |
| Equity | -₹120.26m |
| Total liabilities | ₹3.63b |
| Total assets | ₹3.51b |
Recent financial health updates
Recent updates
Orissa Minerals Development (NSE:ORISSAMINE) Has A Pretty Healthy Balance Sheet
Jul 23
Investors Will Want Orissa Minerals Development's (NSE:ORISSAMINE) Growth In ROCE To Persist
Jun 17We Like These Underlying Return On Capital Trends At Orissa Minerals Development (NSE:ORISSAMINE)
Feb 25Could The The Orissa Minerals Development Company Limited (NSE:ORISSAMINE) Ownership Structure Tell Us Something Useful?
Jan 11What Kind Of Investors Own Most Of The Orissa Minerals Development Company Limited (NSE:ORISSAMINE)?
Sep 29
Financial Position Analysis
Short Term Liabilities: ORISSAMINE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ORISSAMINE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ORISSAMINE is debt free.
Reducing Debt: ORISSAMINE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ORISSAMINE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORISSAMINE 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 | 2024/12/24 15:01 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Industry and Sector Metrics
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Analyst Sources
The Orissa Minerals Development Company Limited is covered by 1 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 |
|---|---|
| Gajanan Polawar | Virtua Research Inc. |