Odfjell Balance Sheet Health
Financial Health criteria checks 3/6
Odfjell has a total shareholder equity of $810.7M and total debt of $565.1M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are $2.0B and $1.2B respectively. Odfjell's EBIT is $302.8M making its interest coverage ratio 3.5. It has cash and short-term investments of $86.6M.
Key information
69.7%
Debt to equity ratio
US$565.10m
Debt
Interest coverage ratio | 3.5x |
Cash | US$86.60m |
Equity | US$810.70m |
Total liabilities | US$1.17b |
Total assets | US$1.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O7F's short term assets ($264.1M) do not cover its short term liabilities ($449.2M).
Long Term Liabilities: O7F's short term assets ($264.1M) do not cover its long term liabilities ($718.2M).
Debt to Equity History and Analysis
Debt Level: O7F's net debt to equity ratio (59%) is considered high.
Reducing Debt: O7F's debt to equity ratio has reduced from 190.4% to 69.7% over the past 5 years.
Debt Coverage: O7F's debt is well covered by operating cash flow (63.6%).
Interest Coverage: O7F's interest payments on its debt are well covered by EBIT (3.5x coverage).