Olin Balance Sheet Health
Financial Health criteria checks 3/6
Olin has a total shareholder equity of $2.4B and total debt of $2.8B, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are $7.8B and $5.4B respectively. Olin's EBIT is $988.4M making its interest coverage ratio 5.8. It has cash and short-term investments of $158.3M.
Key information
117.9%
Debt to equity ratio
US$2.79b
Debt
Interest coverage ratio | 5.8x |
Cash | US$158.30m |
Equity | US$2.37b |
Total liabilities | US$5.45b |
Total assets | US$7.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLN's short term assets ($2.1B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: OLN's short term assets ($2.1B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: OLN's net debt to equity ratio (111.2%) is considered high.
Reducing Debt: OLN's debt to equity ratio has increased from 115.8% to 117.9% over the past 5 years.
Debt Coverage: OLN's debt is well covered by operating cash flow (34.8%).
Interest Coverage: OLN's interest payments on its debt are well covered by EBIT (5.8x coverage).