Ovostar Union Balance Sheet Health
Financial Health criteria checks 6/6
Ovostar Union has a total shareholder equity of $128.7M and total debt of $16.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are $141.6M and $12.9M respectively. Ovostar Union's EBIT is $56.5M making its interest coverage ratio -45. It has cash and short-term investments of $72.1M.
Key information
0.01%
Debt to equity ratio
US$16.00k
Debt
| Interest coverage ratio | -45x |
| Cash | US$72.09m |
| Equity | US$128.66m |
| Total liabilities | US$12.95m |
| Total assets | US$141.60m |
Recent financial health updates
Does Ovostar Union (WSE:OVO) Have A Healthy Balance Sheet?
Dec 12
Ovostar Union (WSE:OVO) Could Easily Take On More Debt
Sep 08Is Ovostar Union (WSE:OVO) Using Too Much Debt?
Sep 20Is Ovostar Union (WSE:OVO) Using Too Much Debt?
Jun 08Is Ovostar Union (WSE:OVO) A Risky Investment?
Dec 23
Recent updates
Does Ovostar Union (WSE:OVO) Have A Healthy Balance Sheet?
Dec 12Ovostar Union (WSE:OVO) Could Easily Take On More Debt
Sep 08Ovostar Union (WSE:OVO) Is Investing Its Capital With Increasing Efficiency
Jul 11Is Ovostar Union (WSE:OVO) Using Too Much Debt?
Sep 20These Return Metrics Don't Make Ovostar Union (WSE:OVO) Look Too Strong
Oct 23Is Ovostar Union (WSE:OVO) Using Too Much Debt?
Jun 08A Look At Ovostar Union's (WSE:OVO) Share Price Returns
Mar 18Something To Consider Before Buying Ovostar Union Public Company Limited (WSE:OVO) For The 4.7% Dividend
Feb 19Is Ovostar Union (WSE:OVO) Set To Make A Turnaround?
Jan 19Is Ovostar Union (WSE:OVO) A Risky Investment?
Dec 23A Look At Ovostar Union's (WSE:OVO) Share Price Returns
Nov 23Financial Position Analysis
Short Term Liabilities: OVO's short term assets ($108.2M) exceed its short term liabilities ($11.3M).
Long Term Liabilities: OVO's short term assets ($108.2M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: OVO has more cash than its total debt.
Reducing Debt: OVO's debt to equity ratio has reduced from 6.9% to 0.01% over the past 5 years.
Debt Coverage: OVO's debt is well covered by operating cash flow (429225%).
Interest Coverage: OVO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/08 10:40 |
| End of Day Share Price | 2024/07/05 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ovostar Union Public Company Limited is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tamara Levchenko | Dragon Capital |
| Ivan Dzvinka | Eavex Capital |
| Will Ritter | Eavex Capital |