KNOT Offshore Partners Balance Sheet Health
Financial Health criteria checks 1/6
KNOT Offshore Partners has a total shareholder equity of $652.2M and total debt of $1.1B, which brings its debt-to-equity ratio to 162%. Its total assets and total liabilities are $1.7B and $1.1B respectively. KNOT Offshore Partners's EBIT is $65.5M making its interest coverage ratio 11.3. It has cash and short-term investments of $47.6M.
Key information
162.0%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$47.58m |
| Equity | US$652.21m |
| Total liabilities | US$1.08b |
| Total assets | US$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KO4's short term assets ($85.9M) do not cover its short term liabilities ($390.0M).
Long Term Liabilities: KO4's short term assets ($85.9M) do not cover its long term liabilities ($691.7M).
Debt to Equity History and Analysis
Debt Level: KO4's net debt to equity ratio (154.7%) is considered high.
Reducing Debt: KO4's debt to equity ratio has increased from 140.9% to 162% over the past 5 years.
Debt Coverage: KO4's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: KO4's interest payments on its debt are well covered by EBIT (11.3x coverage).