Owens & Minor Balance Sheet Health
Financial Health criteria checks 3/6
Owens & Minor has a total shareholder equity of $924.2M and total debt of $2.1B, which brings its debt-to-equity ratio to 225.6%. Its total assets and total liabilities are $5.1B and $4.2B respectively. Owens & Minor's EBIT is $311.5M making its interest coverage ratio 2. It has cash and short-term investments of $243.0M.
Key information
225.6%
Debt to equity ratio
US$2.09b
Debt
| Interest coverage ratio | 2x |
| Cash | US$243.04m |
| Equity | US$924.17m |
| Total liabilities | US$4.17b |
| Total assets | US$5.09b |
Recent financial health updates
Owens & Minor (NYSE:OMI) Seems To Be Using A Lot Of Debt
Jan 17
These 4 Measures Indicate That Owens & Minor (NYSE:OMI) Is Using Debt Extensively
Oct 06Owens & Minor (NYSE:OMI) Seems To Be Using A Lot Of Debt
Jul 06Owens & Minor (NYSE:OMI) Use Of Debt Could Be Considered Risky
Mar 30Is Owens & Minor (NYSE:OMI) Using Too Much Debt?
Dec 04Is Owens & Minor (NYSE:OMI) A Risky Investment?
Sep 04Recent updates
Owens & Minor (NYSE:OMI) Might Have The Makings Of A Multi-Bagger
Mar 29Improved Revenues Required Before Owens & Minor, Inc. (NYSE:OMI) Stock's 25% Jump Looks Justified
Mar 02Owens & Minor, Inc.'s (NYSE:OMI) Intrinsic Value Is Potentially 93% Above Its Share Price
Feb 12Owens & Minor (NYSE:OMI) Seems To Be Using A Lot Of Debt
Jan 17Owens & Minor, Inc.'s (NYSE:OMI) Low P/S No Reason For Excitement
Dec 25Owens & Minor: Aggressive Long-Term Targets May Not Be Reached
Dec 09These 4 Measures Indicate That Owens & Minor (NYSE:OMI) Is Using Debt Extensively
Oct 06Owens & Minor: Compressed Multiples Appear Justified, Reiterate Hold
Sep 28There Are Reasons To Feel Uneasy About Owens & Minor's (NYSE:OMI) Returns On Capital
Aug 10Potential Turnaround In Owens & Minor (Rating Upgrade)
Jul 18Owens & Minor (NYSE:OMI) Seems To Be Using A Lot Of Debt
Jul 06Owens & Minor (NYSE:OMI) Use Of Debt Could Be Considered Risky
Mar 30Owens & Minor, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 03Owens & Minor (NYSE:OMI) Might Be Having Difficulty Using Its Capital Effectively
Mar 01Is Owens & Minor (NYSE:OMI) Using Too Much Debt?
Dec 04Owens & Minor Q3 2022 Earnings Preview
Nov 01Owens & Minor: Not So Healthy
Oct 09Is Owens & Minor (NYSE:OMI) A Risky Investment?
Sep 04Owens & Minor: Balanced Debate, Split Between Profitability And Valuation
Aug 10Owens & Minor Q2 2022 Earnings Preview
Aug 02Is Owens & Minor (NYSE:OMI) Using Too Much Debt?
Jun 06Owens & Minor: When To Buy A No-Dividend, BB-Rated Company
May 04Is Now The Time To Put Owens & Minor (NYSE:OMI) On Your Watchlist?
Apr 08Owens & Minor, Inc. (NYSE:OMI) Shares Could Be 30% Below Their Intrinsic Value Estimate
Feb 25Owens & Minor: Not A Minor Deal
Feb 21With EPS Growth And More, Owens & Minor (NYSE:OMI) Is Interesting
Jan 06Owens & Minor: Pandemic Winner Has More Upside In 2022
Jan 05Owens & Minor - Improved, But Extreme Care Is Still Warranted
Oct 05Financial Position Analysis
Short Term Liabilities: OMI's short term assets ($2.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: OMI's short term assets ($2.1B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: OMI's net debt to equity ratio (199.3%) is considered high.
Reducing Debt: OMI's debt to equity ratio has reduced from 324.7% to 225.6% over the past 5 years.
Debt Coverage: OMI's debt is well covered by operating cash flow (35.5%).
Interest Coverage: OMI's interest payments on its debt are not well covered by EBIT (2x coverage).