ODP Balance Sheet Health
Financial Health criteria checks 5/6
ODP has a total shareholder equity of $1.1B and total debt of $115.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $3.7B and $2.7B respectively. ODP's EBIT is $247.0M making its interest coverage ratio 30.9. It has cash and short-term investments of $282.0M.
Key information
10.8%
Debt to equity ratio
US$115.00m
Debt
Interest coverage ratio | 30.9x |
Cash | US$282.00m |
Equity | US$1.07b |
Total liabilities | US$2.67b |
Total assets | US$3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODP1's short term assets ($1.5B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: ODP1's short term assets ($1.5B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: ODP1 has more cash than its total debt.
Reducing Debt: ODP1's debt to equity ratio has reduced from 66.7% to 10.8% over the past 5 years.
Debt Coverage: ODP1's debt is well covered by operating cash flow (184.3%).
Interest Coverage: ODP1's interest payments on its debt are well covered by EBIT (30.9x coverage).