Odfjell Balance Sheet Health
Financial Health criteria checks 3/6
Odfjell has a total shareholder equity of $889.0M and total debt of $547.1M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $2.1B and $1.2B respectively. Odfjell's EBIT is $345.6M making its interest coverage ratio 4.5. It has cash and short-term investments of $144.0M.
Key information
61.5%
Debt to equity ratio
US$547.10m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$144.00m |
| Equity | US$889.00m |
| Total liabilities | US$1.18b |
| Total assets | US$2.07b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O7F1's short term assets ($326.0M) do not cover its short term liabilities ($401.9M).
Long Term Liabilities: O7F1's short term assets ($326.0M) do not cover its long term liabilities ($778.2M).
Debt to Equity History and Analysis
Debt Level: O7F1's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: O7F1's debt to equity ratio has reduced from 197% to 61.5% over the past 5 years.
Debt Coverage: O7F1's debt is well covered by operating cash flow (76.4%).
Interest Coverage: O7F1's interest payments on its debt are well covered by EBIT (4.5x coverage).