Ocean Wilsons Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ocean Wilsons Holdings has a total shareholder equity of $789.8M and total debt of $300.4M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $1.5B and $669.7M respectively. Ocean Wilsons Holdings's EBIT is $139.9M making its interest coverage ratio 4.6. It has cash and short-term investments of $379.8M.
Key information
38.0%
Debt to equity ratio
US$300.38m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$379.80m |
| Equity | US$789.81m |
| Total liabilities | US$669.68m |
| Total assets | US$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCNL's short term assets ($509.9M) exceed its short term liabilities ($185.8M).
Long Term Liabilities: OCNL's short term assets ($509.9M) exceed its long term liabilities ($483.9M).
Debt to Equity History and Analysis
Debt Level: OCNL has more cash than its total debt.
Reducing Debt: OCNL's debt to equity ratio has reduced from 42.7% to 38% over the past 5 years.
Debt Coverage: OCNL's debt is well covered by operating cash flow (57.8%).
Interest Coverage: OCNL's interest payments on its debt are well covered by EBIT (4.6x coverage).