Orbit International Balance Sheet Health
Financial Health criteria checks 4/6
Orbit International has a total shareholder equity of $18.1M and total debt of $1.1M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are $26.2M and $8.1M respectively.
Key information
6.1%
Debt to equity ratio
US$1.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$309.00k |
| Equity | US$18.12m |
| Total liabilities | US$8.10m |
| Total assets | US$26.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORBT's short term assets ($16.4M) exceed its short term liabilities ($6.3M).
Long Term Liabilities: ORBT's short term assets ($16.4M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: ORBT's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: ORBT's debt to equity ratio has increased from 0% to 6.1% over the past 5 years.
Debt Coverage: ORBT's debt is well covered by operating cash flow (20.8%).
Interest Coverage: Insufficient data to determine if ORBT's interest payments on its debt are well covered by EBIT.