Aker BP Balance Sheet Health
Financial Health criteria checks 5/6
Aker BP has a total shareholder equity of $12.5B and total debt of $6.7B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are $41.7B and $29.2B respectively. Aker BP's EBIT is $9.0B making its interest coverage ratio -216.3. It has cash and short-term investments of $4.1B.
Key information
53.5%
Debt to equity ratio
US$6.67b
Debt
| Interest coverage ratio | -216.3x |
| Cash | US$4.15b |
| Equity | US$12.48b |
| Total liabilities | US$29.22b |
| Total assets | US$41.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M5J's short term assets ($5.8B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: 0M5J's short term assets ($5.8B) do not cover its long term liabilities ($24.1B).
Debt to Equity History and Analysis
Debt Level: 0M5J's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 0M5J's debt to equity ratio has reduced from 122.2% to 53.5% over the past 5 years.
Debt Coverage: 0M5J's debt is well covered by operating cash flow (102.8%).
Interest Coverage: 0M5J earns more interest than it pays, so coverage of interest payments is not a concern.