Teekay Balance Sheet Health
Financial Health criteria checks 6/6
Teekay has a total shareholder equity of $2.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2B and $230.0M respectively. Teekay's EBIT is $387.9M making its interest coverage ratio -15.3. It has cash and short-term investments of $743.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -15.3x |
| Cash | US$743.93m |
| Equity | US$2.00b |
| Total liabilities | US$229.98m |
| Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EI5's short term assets ($986.4M) exceed its short term liabilities ($144.3M).
Long Term Liabilities: EI5's short term assets ($986.4M) exceed its long term liabilities ($85.7M).
Debt to Equity History and Analysis
Debt Level: EI5 is debt free.
Reducing Debt: EI5 has no debt compared to 5 years ago when its debt to equity ratio was 122.8%.
Debt Coverage: EI5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EI5 has no debt, therefore coverage of interest payments is not a concern.