Orthofix Medical Balance Sheet Health
Financial Health criteria checks 3/6
Orthofix Medical has a total shareholder equity of $546.0M and total debt of $118.0M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are $882.0M and $336.0M respectively.
Key information
21.6%
Debt to equity ratio
US$118.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.37m |
| Equity | US$546.00m |
| Total liabilities | US$335.99m |
| Total assets | US$882.00m |
Financial Position Analysis
Short Term Liabilities: OFIX's short term assets ($386.1M) exceed its short term liabilities ($156.0M).
Long Term Liabilities: OFIX's short term assets ($386.1M) exceed its long term liabilities ($180.0M).
Debt to Equity History and Analysis
Debt Level: OFIX's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: OFIX's debt to equity ratio has increased from 0% to 21.6% 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 58.2% each year