Aker BP Balance Sheet Health
Financial Health criteria checks 4/6
Aker BP has a total shareholder equity of $12.5B and total debt of $5.8B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $38.1B and $25.6B respectively. Aker BP's EBIT is $10.0B making its interest coverage ratio 176.3. It has cash and short-term investments of $3.4B.
Key information
45.9%
Debt to equity ratio
US$5.75b
Debt
Interest coverage ratio | 176.3x |
Cash | US$3.38b |
Equity | US$12.52b |
Total liabilities | US$25.60b |
Total assets | US$38.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARC1's short term assets ($5.3B) do not cover its short term liabilities ($5.6B).
Long Term Liabilities: ARC1's short term assets ($5.3B) do not cover its long term liabilities ($20.0B).
Debt to Equity History and Analysis
Debt Level: ARC1's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: ARC1's debt to equity ratio has reduced from 96.8% to 45.9% over the past 5 years.
Debt Coverage: ARC1's debt is well covered by operating cash flow (81.9%).
Interest Coverage: ARC1's interest payments on its debt are well covered by EBIT (176.3x coverage).