Optex Systems Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Optex Systems Holdings has a total shareholder equity of $17.7M and total debt of $1,000.0K, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are $24.9M and $7.1M respectively. Optex Systems Holdings's EBIT is $5.2M making its interest coverage ratio 93.3. It has cash and short-term investments of $486.0K.
Key information
5.6%
Debt to equity ratio
US$1.00m
Debt
| Interest coverage ratio | 93.3x |
| Cash | US$486.00k |
| Equity | US$17.73m |
| Total liabilities | US$7.13m |
| Total assets | US$24.86m |
Recent financial health updates
Recent updates
Is Now The Time To Put Optex Systems Holdings (NASDAQ:OPXS) On Your Watchlist?
Nov 20
Many Would Be Envious Of Optex Systems Holdings' (NASDAQ:OPXS) Excellent Returns On Capital
Jul 15Many Would Be Envious Of Optex Systems Holdings' (NASDAQ:OPXS) Excellent Returns On Capital
Mar 05Investors Holding Back On Optex Systems Holdings, Inc (NASDAQ:OPXS)
Feb 03Do Optex Systems Holdings' (NASDAQ:OPXS) Earnings Warrant Your Attention?
Dec 20Optex Systems Holdings, Inc's (NASDAQ:OPXS) Shares May Have Run Too Fast Too Soon
Mar 16Financial Position Analysis
Short Term Liabilities: OPXS's short term assets ($19.5M) exceed its short term liabilities ($5.2M).
Long Term Liabilities: OPXS's short term assets ($19.5M) exceed its long term liabilities ($1.9M).
Debt to Equity History and Analysis
Debt Level: OPXS's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: OPXS's debt to equity ratio has increased from 3.1% to 5.6% over the past 5 years.
Debt Coverage: OPXS's debt is well covered by operating cash flow (213.3%).
Interest Coverage: OPXS's interest payments on its debt are well covered by EBIT (93.3x coverage).