Oceaneering International Balance Sheet Health
Financial Health criteria checks 5/6
Oceaneering International has a total shareholder equity of $704.0M and total debt of $480.7M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are $2.4B and $1.7B respectively. Oceaneering International's EBIT is $215.8M making its interest coverage ratio 8.9. It has cash and short-term investments of $458.9M.
Key information
68.3%
Debt to equity ratio
US$480.71m
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$458.86m |
| Equity | US$704.04m |
| Total liabilities | US$1.65b |
| Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KAN's short term assets ($1.4B) exceed its short term liabilities ($800.1M).
Long Term Liabilities: 0KAN's short term assets ($1.4B) exceed its long term liabilities ($852.3M).
Debt to Equity History and Analysis
Debt Level: 0KAN's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 0KAN's debt to equity ratio has increased from 61.4% to 68.3% over the past 5 years.
Debt Coverage: 0KAN's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 0KAN's interest payments on its debt are well covered by EBIT (8.9x coverage).