Olin Balance Sheet Health
Financial Health criteria checks 3/6
Olin has a total shareholder equity of $2.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 125.3%. Its total assets and total liabilities are $7.6B and $5.4B respectively. Olin's EBIT is $607.7M making its interest coverage ratio 3.4. It has cash and short-term investments of $150.9M.
Key information
125.3%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 3.4x |
Cash | US$150.90m |
Equity | US$2.21b |
Total liabilities | US$5.40b |
Total assets | US$7.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLN's short term assets ($2.0B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: OLN's short term assets ($2.0B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: OLN's net debt to equity ratio (118.5%) is considered high.
Reducing Debt: OLN's debt to equity ratio has increased from 113.2% to 125.3% over the past 5 years.
Debt Coverage: OLN's debt is well covered by operating cash flow (36.8%).
Interest Coverage: OLN's interest payments on its debt are well covered by EBIT (3.4x coverage).