Onde Balance Sheet Health
Financial Health criteria checks 6/6
Onde has a total shareholder equity of PLN361.7M and total debt of PLN1.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PLN622.6M and PLN260.9M respectively. Onde's EBIT is PLN54.4M making its interest coverage ratio 19.7. It has cash and short-term investments of PLN107.1M.
Key information
0.4%
Debt to equity ratio
zł1.45m
Debt
| Interest coverage ratio | 19.7x |
| Cash | zł107.10m |
| Equity | zł361.68m |
| Total liabilities | zł260.92m |
| Total assets | zł622.60m |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Onde's (WSE:OND) Returns On Capital
Jun 22
Capital Allocation Trends At Onde (WSE:OND) Aren't Ideal
Feb 14Onde (WSE:OND) Is Looking To Continue Growing Its Returns On Capital
Sep 07Onde (WSE:OND) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 19Onde S.A. (WSE:OND) Not Lagging Market On Growth Or Pricing
Dec 07Financial Position Analysis
Short Term Liabilities: OND's short term assets (PLN509.5M) exceed its short term liabilities (PLN219.4M).
Long Term Liabilities: OND's short term assets (PLN509.5M) exceed its long term liabilities (PLN41.5M).
Debt to Equity History and Analysis
Debt Level: OND has more cash than its total debt.
Reducing Debt: OND's debt to equity ratio has reduced from 8.1% to 0.4% over the past 5 years.
Debt Coverage: OND's debt is well covered by operating cash flow (10576.5%).
Interest Coverage: OND's interest payments on its debt are well covered by EBIT (19.7x coverage).