Oceaneering International Balance Sheet Health
Financial Health criteria checks 5/6
Oceaneering International has a total shareholder equity of $629.1M and total debt of $478.2M, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are $2.2B and $1.6B respectively. Oceaneering International's EBIT is $191.3M making its interest coverage ratio 8.5. It has cash and short-term investments of $354.7M.
Key information
76.0%
Debt to equity ratio
US$478.17m
Debt
Interest coverage ratio | 8.5x |
Cash | US$354.70m |
Equity | US$629.14m |
Total liabilities | US$1.60b |
Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KAN's short term assets ($1.2B) exceed its short term liabilities ($703.4M).
Long Term Liabilities: 0KAN's short term assets ($1.2B) exceed its long term liabilities ($896.4M).
Debt to Equity History and Analysis
Debt Level: 0KAN's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: 0KAN's debt to equity ratio has increased from 57% to 76% over the past 5 years.
Debt Coverage: 0KAN's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 0KAN's interest payments on its debt are well covered by EBIT (8.5x coverage).