Ontex Group Balance Sheet Health
Financial Health criteria checks 2/6
Ontex Group has a total shareholder equity of €858.4M and total debt of €916.7M, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are €2.7B and €1.8B respectively. Ontex Group's EBIT is €25.6M making its interest coverage ratio 0.6. It has cash and short-term investments of €156.8M.
Key information
106.8%
Debt to equity ratio
€916.70m
Debt
Interest coverage ratio | 0.6x |
Cash | €156.80m |
Equity | €858.40m |
Total liabilities | €1.84b |
Total assets | €2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ONTEX N's short term assets (€1.3B) exceed its short term liabilities (€909.2M).
Long Term Liabilities: ONTEX N's short term assets (€1.3B) exceed its long term liabilities (€926.9M).
Debt to Equity History and Analysis
Debt Level: ONTEX N's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: ONTEX N's debt to equity ratio has increased from 69% to 106.8% over the past 5 years.
Debt Coverage: ONTEX N's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: ONTEX N's interest payments on its debt are not well covered by EBIT (0.6x coverage).