Orthofix Medical Balance Sheet Health
Financial Health criteria checks 3/6
Orthofix Medical has a total shareholder equity of $525.9M and total debt of $118.5M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $867.9M and $341.9M respectively.
Key information
22.5%
Debt to equity ratio
US$118.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.05m |
| Equity | US$525.92m |
| Total liabilities | US$341.95m |
| Total assets | US$867.87m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: OFIX's short term assets ($386.2M) exceed its short term liabilities ($161.9M).
Long Term Liabilities: OFIX's short term assets ($386.2M) exceed its long term liabilities ($180.1M).
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 22.5% 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 56.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Orthofix Medical Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gregory Chodaczek | Boenning & Scattergood, Inc. |
| Michael Gorman | BTIG |
| William Plovanic | Canaccord Genuity |