OVS Balance Sheet Health
Financial Health criteria checks 3/6
OVS has a total shareholder equity of €900.9M and total debt of €258.5M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are €2.8B and €1.9B respectively. OVS's EBIT is €136.3M making its interest coverage ratio 2.6. It has cash and short-term investments of €105.8M.
Key information
28.7%
Debt to equity ratio
€258.46m
Debt
Interest coverage ratio | 2.6x |
Cash | €105.79m |
Equity | €900.88m |
Total liabilities | €1.92b |
Total assets | €2.82b |
Recent financial health updates
Does OVS (BIT:OVS) Have A Healthy Balance Sheet?
Jun 19OVS (BIT:OVS) Use Of Debt Could Be Considered Risky
Jul 24Recent updates
Investors Still Aren't Entirely Convinced By OVS S.p.A.'s (BIT:OVS) Earnings Despite 27% Price Jump
Dec 18Is Now The Time To Look At Buying OVS S.p.A. (BIT:OVS)?
Jun 08OVS (BIT:OVS) May Have Issues Allocating Its Capital
Apr 20Why OVS S.p.A. (BIT:OVS) Could Be Worth Watching
Feb 02Investors Could Be Concerned With OVS' (BIT:OVS) Returns On Capital
Dec 03Calculating The Fair Value Of OVS S.p.A. (BIT:OVS)
Aug 05Does OVS (BIT:OVS) Have A Healthy Balance Sheet?
Jun 19A Look At The Fair Value Of OVS S.p.A. (BIT:OVS)
Apr 07OVS (BIT:OVS) Will Be Hoping To Turn Its Returns On Capital Around
Sep 22OVS (BIT:OVS) Use Of Debt Could Be Considered Risky
Jul 24Upgrade: Analysts Just Made A Notable Increase To Their OVS S.p.A. (BIT:OVS) Forecasts
Jun 23Downgrade: Here's How Analysts See OVS S.p.A. (BIT:OVS) Performing In The Near Term
Apr 20Is OVS' (BIT:OVS) Share Price Gain Of 126% Well Earned?
Mar 15How Many OVS S.p.A. (BIT:OVS) Shares Do Institutions Own?
Dec 12Financial Position Analysis
Short Term Liabilities: OVS's short term assets (€709.6M) do not cover its short term liabilities (€742.4M).
Long Term Liabilities: OVS's short term assets (€709.6M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: OVS's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: OVS's debt to equity ratio has reduced from 46.5% to 28.7% over the past 5 years.
Debt Coverage: OVS's debt is well covered by operating cash flow (121.6%).
Interest Coverage: OVS's interest payments on its debt are not well covered by EBIT (2.6x coverage).