Orora Balance Sheet Health
Financial Health criteria checks 2/6
Orora has a total shareholder equity of A$2.0B and total debt of A$1.9B, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are A$5.7B and A$3.6B respectively. Orora's EBIT is A$338.8M making its interest coverage ratio 5.8. It has cash and short-term investments of A$270.7M.
Key information
93.1%
Debt to equity ratio
AU$1.89b
Debt
Interest coverage ratio | 5.8x |
Cash | AU$270.70m |
Equity | AU$2.03b |
Total liabilities | AU$3.63b |
Total assets | AU$5.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORRY.Y's short term assets (A$2.0B) exceed its short term liabilities (A$1.4B).
Long Term Liabilities: ORRY.Y's short term assets (A$2.0B) do not cover its long term liabilities (A$2.3B).
Debt to Equity History and Analysis
Debt Level: ORRY.Y's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: ORRY.Y's debt to equity ratio has increased from 40.6% to 93.1% over the past 5 years.
Debt Coverage: ORRY.Y's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: ORRY.Y's interest payments on its debt are well covered by EBIT (5.8x coverage).