Orion Office REIT Balance Sheet Health
Financial Health criteria checks 3/6
Orion Office REIT has a total shareholder equity of $887.0M and total debt of $469.1M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are $1.4B and $536.9M respectively. Orion Office REIT's EBIT is $5.5M making its interest coverage ratio 0.2. It has cash and short-term investments of $22.5M.
Key information
52.9%
Debt to equity ratio
US$469.12m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$22.47m |
| Equity | US$887.00m |
| Total liabilities | US$536.93m |
| Total assets | US$1.42b |
Recent financial health updates
No updates
Recent updates
Orion Office REIT: The Downturn Continues
Feb 28Realty Income: My Favorite High-Yield REIT In The Market Today
Jan 11Spirit Realty Capital: Time To Exit Realty Income (Rating Downgrades)
Jan 04Orion: 3 Reasons There Could Be Material Downside In 2024
Dec 26Orion Office REIT: A Speculative Buy Once The Selling Pressure Subsides
Oct 16Orion Office REIT: An Upgrade Is Warranted
Aug 12Orion Office REIT: Suggestivist Speaks
May 29Orion Office Is Dirt Cheap With Upside Potential
Jan 10Orion Office REIT FFO of $0.42, revenue of $51.8M
Nov 03Orion Office REIT goes ex-dividend tomorrow
Sep 28Orion Office: The Good, The Bad, And The Ugly
Aug 10Orion Office REIT Q2 2022 Earnings Preview
Aug 02Orion Office REIT: No Win For This REIT Spin (Yet)
Jul 25Orion Office: Blood In The Constellation
Jun 27Why Orion Office Is Still A Horrible Idea
May 24Orion And Office Properties: Why Both Deserve Low Multiples
May 03Orion Office REIT: Built To Thrive In Inflation, Expect Double Digit Returns
Apr 22Orion Office REIT: Get Out While You Still Can
Apr 07A Future Blue-Chip With A Fat Yield Up To +8%: Orion Office
Mar 23Orion Office: High Yield Potential At A Bargain
Feb 22Realty Income Finally Dips
Jan 28Orion Office REIT: Don't Get Caught Holding The Bag
Jan 04Orion Office REIT: Well Below Its Fair Value
Dec 25Realty Income: Reviewing Our Top 2021 REIT Investment
Dec 04Orion Office: If You Have Missed The Initial Sell-Off, Hold
Nov 19Financial Position Analysis
Short Term Liabilities: ONL's short term assets ($83.2M) exceed its short term liabilities ($37.5M).
Long Term Liabilities: ONL's short term assets ($83.2M) do not cover its long term liabilities ($499.5M).
Debt to Equity History and Analysis
Debt Level: ONL's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: Insufficient data to determine if ONL's debt to equity ratio has reduced 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: Whilst unprofitable ONL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ONL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.9% per year.