This company has been acquired
Allkem Balance Sheet Health
Financial Health criteria checks 4/6
Allkem has a total shareholder equity of $3.6B and total debt of $274.3M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $5.2B and $1.6B respectively. Allkem's EBIT is $811.0M making its interest coverage ratio -13.8. It has cash and short-term investments of $821.4M.
Key information
7.7%
Debt to equity ratio
US$274.28m
Debt
| Interest coverage ratio | -13.8x |
| Cash | US$821.43m |
| Equity | US$3.57b |
| Total liabilities | US$1.64b |
| Total assets | US$5.22b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OROC.F's short term assets ($1.1B) exceed its short term liabilities ($445.8M).
Long Term Liabilities: OROC.F's short term assets ($1.1B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: OROC.F has more cash than its total debt.
Reducing Debt: OROC.F's debt to equity ratio has increased from 0.1% to 7.7% over the past 5 years.
Debt Coverage: OROC.F's debt is well covered by operating cash flow (288.4%).
Interest Coverage: OROC.F earns more interest than it pays, so coverage of interest payments is not a concern.