Odfjell Balance Sheet Health
Financial Health criteria checks 3/6
Odfjell has a total shareholder equity of $810.7M and total debt of $778.3M, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are $2.0B and $1.2B respectively. Odfjell's EBIT is $302.8M making its interest coverage ratio 3.5. It has cash and short-term investments of $86.6M.
Key information
96.0%
Debt to equity ratio
US$778.30m
Debt
Interest coverage ratio | 3.5x |
Cash | US$86.60m |
Equity | US$810.70m |
Total liabilities | US$1.17b |
Total assets | US$1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J77's short term assets ($264.1M) do not cover its short term liabilities ($449.2M).
Long Term Liabilities: 0J77's short term assets ($264.1M) do not cover its long term liabilities ($718.2M).
Debt to Equity History and Analysis
Debt Level: 0J77's net debt to equity ratio (85.3%) is considered high.
Reducing Debt: 0J77's debt to equity ratio has reduced from 190.4% to 96% over the past 5 years.
Debt Coverage: 0J77's debt is well covered by operating cash flow (46.2%).
Interest Coverage: 0J77's interest payments on its debt are well covered by EBIT (3.5x coverage).