Orbital Infrastructure Group Balance Sheet Health
Financial Health criteria checks 1/6
Orbital Infrastructure Group has a total shareholder equity of $-159.5M and total debt of $301.4M, which brings its debt-to-equity ratio to -188.9%. Its total assets and total liabilities are $268.2M and $427.7M respectively.
Key information
-188.9%
Debt to equity ratio
US$301.38m
Debt
| Interest coverage ratio | n/a |
| Cash | US$23.99m |
| Equity | -US$159.50m |
| Total liabilities | US$427.72m |
| Total assets | US$268.21m |
Recent financial health updates
Recent updates
Orbital Infrastructure announces $50M equity purchase deal
Aug 19Orbital Energy Q2 Earnings Preview
Aug 102022: A Turning Point For Orbital Energy Group
May 27We Think Orbital Energy Group (NASDAQ:OEG) Has A Fair Chunk Of Debt
Mar 19
With Positive FCF In 2022, Orbital Energy's Stock May Spike Up
Dec 06Is Orbital Energy Group (NASDAQ:OEG) Using Too Much Debt?
Nov 17Drill Deep Before Buying Orbital Energy Group
Aug 31Bearish: Analysts Just Cut Their Orbital Energy Group, Inc. (NASDAQ:OEG) Revenue and EPS estimates
Aug 18Orbital Energy Group (NASDAQ:OEG) Has Debt But No Earnings; Should You Worry?
Jul 19Orbital Energy Group Looks Overvalued Based On Fundamentals
Jun 18Orbital Energy wins EPC contract for $64M Arkansas solar project
Jun 09Orbital Energy launches new subsidiary Eclipse Foundation
Jan 12Orbital Energy under pressure on pricing $10M registered direct offering
Dec 31Orbital Energy Group (OEG) Investor Presentation - Slideshow
Nov 18Financial Position Analysis
Short Term Liabilities: OIGB.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OIGB.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OIGB.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OIGB.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OIGB.Q has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OIGB.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.3% each year