Omni-Plus System Balance Sheet Health
Financial Health criteria checks 5/6
Omni-Plus System has a total shareholder equity of $87.0M and total debt of $112.4M, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are $264.0M and $177.0M respectively. Omni-Plus System's EBIT is $20.1M making its interest coverage ratio 3.6. It has cash and short-term investments of $80.6M.
Key information
129.2%
Debt to equity ratio
US$112.41m
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$80.56m |
| Equity | US$86.97m |
| Total liabilities | US$177.04m |
| Total assets | US$264.01m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7699's short term assets ($222.7M) exceed its short term liabilities ($151.7M).
Long Term Liabilities: 7699's short term assets ($222.7M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: 7699's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7699's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7699's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 7699's interest payments on its debt are well covered by EBIT (3.6x coverage).