Omda Balance Sheet Health
Financial Health criteria checks 1/6
Omda has a total shareholder equity of NOK56.6M and total debt of NOK480.3M, which brings its debt-to-equity ratio to 848.6%. Its total assets and total liabilities are NOK739.1M and NOK682.5M respectively. Omda's EBIT is NOK17.7M making its interest coverage ratio 0.3. It has cash and short-term investments of NOK101.4M.
Key information
848.6%
Debt to equity ratio
NOK 480.29m
Debt
| Interest coverage ratio | 0.3x |
| Cash | NOK 101.45m |
| Equity | NOK 56.60m |
| Total liabilities | NOK 682.45m |
| Total assets | NOK 739.05m |
Recent financial health updates
No updates
Recent updates
Returns At Omda (OB:OMDA) Are On The Way Up
Jul 24
Omda's (OB:OMDA) Earnings Are Weaker Than They Seem
May 22Improved Revenues Required Before Omda AS (OB:OMDA) Stock's 28% Jump Looks Justified
Mar 24Fewer Investors Than Expected Jumping On Omda AS (OB:OMDA)
Jan 24Omda's (OB:OMDA) Earnings May Just Be The Starting Point
Nov 18Are Investors Undervaluing CSAM Health Group AS (OB:CSAM) By 44%?
Jun 17CSAM Health Group AS (OB:CSAM) Is About To Turn The Corner
May 11Here's What CSAM Health Group AS' (OB:CSAM) Shareholder Ownership Structure Looks Like
Feb 14
CSAM Health Group AS' (OB:CSAM) Has Found A Path To Profitability
Jan 10Financial Position Analysis
Short Term Liabilities: OMDA's short term assets (NOK197.9M) exceed its short term liabilities (NOK174.1M).
Long Term Liabilities: OMDA's short term assets (NOK197.9M) do not cover its long term liabilities (NOK508.4M).
Debt to Equity History and Analysis
Debt Level: OMDA's net debt to equity ratio (669.3%) is considered high.
Reducing Debt: OMDA's debt to equity ratio has increased from 77.6% to 848.6% over the past 5 years.
Debt Coverage: OMDA's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: OMDA's interest payments on its debt are not well covered by EBIT (0.3x coverage).