Oil States International Balance Sheet Health
Financial Health criteria checks 6/6
Oil States International has a total shareholder equity of $684.8M and total debt of $125.3M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $994.1M and $309.3M respectively. Oil States International's EBIT is $20.8M making its interest coverage ratio 2.7. It has cash and short-term investments of $46.0M.
Key information
18.3%
Debt to equity ratio
US$125.28m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$45.98m |
| Equity | US$684.81m |
| Total liabilities | US$309.34m |
| Total assets | US$994.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OI2's short term assets ($478.9M) exceed its short term liabilities ($140.8M).
Long Term Liabilities: OI2's short term assets ($478.9M) exceed its long term liabilities ($168.6M).
Debt to Equity History and Analysis
Debt Level: OI2's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: OI2's debt to equity ratio has reduced from 19.1% to 18.3% 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 OI2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OI2 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.3% per year.