Omni-Plus System Balance Sheet Health
Financial Health criteria checks 5/6
Omni-Plus System has a total shareholder equity of $81.8M and total debt of $90.1M, which brings its debt-to-equity ratio to 110.2%. Its total assets and total liabilities are $240.5M and $158.7M respectively. Omni-Plus System's EBIT is $19.7M making its interest coverage ratio 4.2. It has cash and short-term investments of $73.4M.
Key information
110.2%
Debt to equity ratio
US$90.08m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$73.42m |
| Equity | US$81.76m |
| Total liabilities | US$158.71m |
| Total assets | US$240.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7699's short term assets ($207.3M) exceed its short term liabilities ($140.4M).
Long Term Liabilities: 7699's short term assets ($207.3M) exceed its long term liabilities ($18.3M).
Debt to Equity History and Analysis
Debt Level: 7699's net debt to equity ratio (20.4%) 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 (38%).
Interest Coverage: 7699's interest payments on its debt are well covered by EBIT (4.2x coverage).