Oricon Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Oricon Enterprises has a total shareholder equity of ₹11.3B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₹13.5B and ₹2.2B respectively. Oricon Enterprises's EBIT is ₹77.4M making its interest coverage ratio -1.8. It has cash and short-term investments of ₹1.0B.
Key information
9.5%
Debt to equity ratio
₹1.07b
Debt
| Interest coverage ratio | -1.8x |
| Cash | ₹1.04b |
| Equity | ₹11.31b |
| Total liabilities | ₹2.21b |
| Total assets | ₹13.52b |
Recent financial health updates
Is Oricon Enterprises (NSE:ORICONENT) A Risky Investment?
Mar 14
Oricon Enterprises (NSE:ORICONENT) Has A Somewhat Strained Balance Sheet
Aug 02These 4 Measures Indicate That Oricon Enterprises (NSE:ORICONENT) Is Using Debt Safely
Dec 26Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Mar 30Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Nov 16Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Jul 20Recent updates
Oricon Enterprises Limited's (NSE:ORICONENT) Shares Climb 27% But Its Business Is Yet to Catch Up
Apr 11Is Oricon Enterprises (NSE:ORICONENT) A Risky Investment?
Mar 14Oricon Enterprises (NSE:ORICONENT) Could Be Struggling To Allocate Capital
Feb 01Some Shareholders Feeling Restless Over Oricon Enterprises Limited's (NSE:ORICONENT) P/E Ratio
Dec 28Oricon Enterprises (NSE:ORICONENT) Will Pay A Smaller Dividend Than Last Year
Sep 08Oricon Enterprises' (NSE:ORICONENT) Dividend Will Be Reduced To ₹0.50
Aug 25Oricon Enterprises (NSE:ORICONENT) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Aug 08Oricon Enterprises (NSE:ORICONENT) Has A Somewhat Strained Balance Sheet
Aug 02Oricon Enterprises' (NSE:ORICONENT) Returns On Capital Not Reflecting Well On The Business
Jun 01Oricon Enterprises (NSE:ORICONENT) Hasn't Managed To Accelerate Its Returns
Feb 16These 4 Measures Indicate That Oricon Enterprises (NSE:ORICONENT) Is Using Debt Safely
Dec 26Oricon Enterprises (NSE:ORICONENT) Will Pay A Larger Dividend Than Last Year At ₹1.00
Aug 28These Return Metrics Don't Make Oricon Enterprises (NSE:ORICONENT) Look Too Strong
Jun 03Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Mar 30Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Nov 16Does Oricon Enterprises (NSE:ORICONENT) Have A Healthy Balance Sheet?
Jul 20Oricon Enterprises' (NSE:ORICONENT) Shareholders Are Down 64% On Their Shares
Feb 09We Think Oricon Enterprises (NSE:ORICONENT) Has A Fair Chunk Of Debt
Jan 04Three Things You Should Check Before Buying Oricon Enterprises Limited (NSE:ORICONENT) For Its Dividend
Nov 12Some Shareholders Feeling Restless Over Oricon Enterprises Limited's (NSE:ORICONENT) P/E Ratio
Aug 28Is Oricon Enterprises (NSE:ORICONENT) Set To Make A Turnaround?
Aug 25These 4 Measures Indicate That Oricon Enterprises (NSE:ORICONENT) Is Using Debt Extensively
Jul 31
Oricon Enterprises Limited's (NSE:ORICONENT) Business Is Yet to Catch Up With Its Share Price
Jul 10Here's Why We Don't Think Oricon Enterprises's (NSE:ORICONENT) Statutory Earnings Reflect Its Underlying Earnings Potential
Jul 09Financial Position Analysis
Short Term Liabilities: ORICONENT's short term assets (₹4.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: ORICONENT's short term assets (₹4.5B) exceed its long term liabilities (₹859.9M).
Debt to Equity History and Analysis
Debt Level: ORICONENT's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ORICONENT's debt to equity ratio has reduced from 48.8% to 9.5% over the past 5 years.
Debt Coverage: ORICONENT's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ORICONENT earns more interest than it pays, so coverage of interest payments is not a concern.