OMER Balance Sheet Health
Financial Health criteria checks 6/6
OMER has a total shareholder equity of €58.1M and total debt of €2.6M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are €82.2M and €24.0M respectively. OMER's EBIT is €12.6M making its interest coverage ratio 54.2. It has cash and short-term investments of €20.1M.
Key information
4.5%
Debt to equity ratio
€2.64m
Debt
| Interest coverage ratio | 54.2x |
| Cash | €20.05m |
| Equity | €58.15m |
| Total liabilities | €24.02m |
| Total assets | €82.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OMER's short term assets (€65.4M) exceed its short term liabilities (€19.3M).
Long Term Liabilities: OMER's short term assets (€65.4M) exceed its long term liabilities (€4.7M).
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 23.4% to 4.5% over the past 5 years.
Debt Coverage: OMER's debt is well covered by operating cash flow (260.3%).
Interest Coverage: OMER's interest payments on its debt are well covered by EBIT (54.2x coverage).