OFX Group Balance Sheet Health
Financial Health criteria checks 5/6
OFX Group has a total shareholder equity of A$161.0M and total debt of A$54.7M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are A$581.4M and A$420.5M respectively. OFX Group's EBIT is A$43.4M making its interest coverage ratio 6.3. It has cash and short-term investments of A$92.8M.
Key information
34.0%
Debt to equity ratio
AU$54.67m
Debt
Interest coverage ratio | 6.3x |
Cash | AU$92.82m |
Equity | AU$160.96m |
Total liabilities | AU$420.49m |
Total assets | AU$581.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OZFR.Y's short term assets (A$436.0M) exceed its short term liabilities (A$331.0M).
Long Term Liabilities: OZFR.Y's short term assets (A$436.0M) exceed its long term liabilities (A$89.5M).
Debt to Equity History and Analysis
Debt Level: OZFR.Y has more cash than its total debt.
Reducing Debt: OZFR.Y's debt to equity ratio has increased from 0% to 34% over the past 5 years.
Debt Coverage: OZFR.Y's debt is well covered by operating cash flow (109.6%).
Interest Coverage: OZFR.Y's interest payments on its debt are well covered by EBIT (6.3x coverage).