Orthofix Medical Balance Sheet Health
Financial Health criteria checks 3/6
Orthofix Medical has a total shareholder equity of $598.7M and total debt of $94.4M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $925.3M and $326.6M respectively.
Key information
15.8%
Debt to equity ratio
US$94.36m
Debt
| Interest coverage ratio | n/a |
| Cash | US$33.11m |
| Equity | US$598.73m |
| Total liabilities | US$326.59m |
| Total assets | US$925.32m |
Recent financial health updates
Orthofix Medical (NASDAQ:OFIX) Is In A Good Position To Deliver On Growth Plans
Nov 01
Companies Like Orthofix Medical (NASDAQ:OFIX) Can Afford To Invest In Growth
Apr 21Recent updates
Orthofix Medical (NASDAQ:OFIX) Is In A Good Position To Deliver On Growth Plans
Nov 01Orthofix stock falls amid SeaSpine merger despite rise in prelim Q3 revenue
Oct 11Orthofix inks licensing deal with CGBio for bone graft product Novosis
Aug 02Estimating The Fair Value Of Orthofix Medical Inc. (NASDAQ:OFIX)
May 12Companies Like Orthofix Medical (NASDAQ:OFIX) Can Afford To Invest In Growth
Apr 21Financial Position Analysis
Short Term Liabilities: OFIX's short term assets ($420.4M) exceed its short term liabilities ($165.2M).
Long Term Liabilities: OFIX's short term assets ($420.4M) exceed its long term liabilities ($161.4M).
Debt to Equity History and Analysis
Debt Level: OFIX's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: OFIX's debt to equity ratio has increased from 0% to 15.8% over the past 5 years.
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: OFIX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OFIX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.7% each year