Orbital Balance Sheet Health
Financial Health criteria checks 4/6
Orbital has a total shareholder equity of A$10.3M and total debt of A$3.4M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are A$23.0M and A$12.7M respectively.
Key information
32.7%
Debt to equity ratio
AU$3.37m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.88m |
Equity | AU$10.30m |
Total liabilities | AU$12.70m |
Total assets | AU$23.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OBTE.F's short term assets (A$12.0M) exceed its short term liabilities (A$9.3M).
Long Term Liabilities: OBTE.F's short term assets (A$12.0M) exceed its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: OBTE.F has more cash than its total debt.
Reducing Debt: OBTE.F's debt to equity ratio has reduced from 45.1% to 32.7% over the past 5 years.
Debt Coverage: OBTE.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OBTE.F's interest payments on its debt are well covered by EBIT.