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 ratio4.5x
CashUS$144.00m
EquityUS$889.00m
Total liabilitiesUS$1.18b
Total assetsUS$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).


Balance Sheet


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