OMER Balance Sheet Health
Financial Health criteria checks 6/6
OMER has a total shareholder equity of €55.3M and total debt of €2.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are €76.5M and €21.2M respectively. OMER's EBIT is €12.1M making its interest coverage ratio 17.4. It has cash and short-term investments of €17.5M.
Key information
4.9%
Debt to equity ratio
€2.70m
Debt
Interest coverage ratio | 17.4x |
Cash | €17.52m |
Equity | €55.31m |
Total liabilities | €21.24m |
Total assets | €76.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OMER's short term assets (€60.1M) exceed its short term liabilities (€19.2M).
Long Term Liabilities: OMER's short term assets (€60.1M) exceed its long term liabilities (€2.0M).
Debt to Equity History and Analysis
Debt Level: OMER has more cash than its total debt.
Reducing Debt: OMER's debt to equity ratio has reduced from 22.8% to 4.9% over the past 5 years.
Debt Coverage: OMER's debt is well covered by operating cash flow (612.4%).
Interest Coverage: OMER's interest payments on its debt are well covered by EBIT (17.4x coverage).