Omnia Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Omnia Holdings has a total shareholder equity of ZAR10.3B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ZAR17.8B and ZAR7.5B respectively. Omnia Holdings's EBIT is ZAR1.8B making its interest coverage ratio 44.9. It has cash and short-term investments of ZAR2.3B.
Key information
10.0%
Debt to equity ratio
R1.03b
Debt
| Interest coverage ratio | 44.9x |
| Cash | R2.32b |
| Equity | R10.26b |
| Total liabilities | R7.49b |
| Total assets | R17.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OMN's short term assets (ZAR12.2B) exceed its short term liabilities (ZAR6.6B).
Long Term Liabilities: OMN's short term assets (ZAR12.2B) exceed its long term liabilities (ZAR901.0M).
Debt to Equity History and Analysis
Debt Level: OMN has more cash than its total debt.
Reducing Debt: OMN's debt to equity ratio has reduced from 67.1% to 10% over the past 5 years.
Debt Coverage: OMN's debt is well covered by operating cash flow (399%).
Interest Coverage: OMN's interest payments on its debt are well covered by EBIT (44.9x coverage).