Orica Balance Sheet Health
Financial Health criteria checks 6/6
Orica has a total shareholder equity of A$4.1B and total debt of A$2.1B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are A$8.8B and A$4.7B respectively. Orica's EBIT is A$666.6M making its interest coverage ratio 4.6. It has cash and short-term investments of A$1.2B.
Key information
51.2%
Debt to equity ratio
AU$2.08b
Debt
Interest coverage ratio | 4.6x |
Cash | AU$1.15b |
Equity | AU$4.05b |
Total liabilities | AU$4.72b |
Total assets | AU$8.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCLD.F's short term assets (A$3.1B) exceed its short term liabilities (A$2.0B).
Long Term Liabilities: OCLD.F's short term assets (A$3.1B) exceed its long term liabilities (A$2.8B).
Debt to Equity History and Analysis
Debt Level: OCLD.F's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: OCLD.F's debt to equity ratio has reduced from 72.8% to 51.2% over the past 5 years.
Debt Coverage: OCLD.F's debt is well covered by operating cash flow (43.3%).
Interest Coverage: OCLD.F's interest payments on its debt are well covered by EBIT (4.6x coverage).