Ocean Wilsons Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ocean Wilsons Holdings has a total shareholder equity of $815.8M and total debt of $324.2M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are $1.5B and $706.1M respectively. Ocean Wilsons Holdings's EBIT is $123.8M making its interest coverage ratio 4. It has cash and short-term investments of $378.5M.
Key information
39.7%
Debt to equity ratio
US$324.20m
Debt
| Interest coverage ratio | 4x |
| Cash | US$378.53m |
| Equity | US$815.81m |
| Total liabilities | US$706.05m |
| Total assets | US$1.52b |
Recent financial health updates
Here's Why Ocean Wilsons Holdings (LON:OCN) Can Manage Its Debt Responsibly
Jun 07
Here's Why Ocean Wilsons Holdings (LON:OCN) Can Manage Its Debt Responsibly
Nov 27Recent updates
Investors Shouldn't Be Too Comfortable With Ocean Wilsons Holdings' (LON:OCN) Earnings
Mar 29Returns On Capital At Ocean Wilsons Holdings (LON:OCN) Have Stalled
Nov 16Estimating The Fair Value Of Ocean Wilsons Holdings Limited (LON:OCN)
Jun 14Analysts' Revenue Estimates For Ocean Wilsons Holdings Limited (LON:OCN) Are Surging Higher
May 17Here's Why Ocean Wilsons Holdings (LON:OCN) Can Manage Its Debt Responsibly
Jun 07Investors Could Be Concerned With Ocean Wilsons Holdings' (LON:OCN) Returns On Capital
Apr 05Earnings Beat: Ocean Wilsons Holdings Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 19Is Ocean Wilsons Holdings Limited (LON:OCN) An Attractive Dividend Stock?
Mar 09Are Insiders Buying Ocean Wilsons Holdings Limited (LON:OCN) Stock?
Feb 16
Is Ocean Wilsons Holdings Limited (LON:OCN) Popular Amongst Insiders?
Jan 26Ocean Wilsons Holdings' (LON:OCN) Shareholders Are Down 28% On Their Shares
Jan 05Here's What We Make Of Ocean Wilsons Holdings' (LON:OCN) Returns On Capital
Dec 15Here's Why Ocean Wilsons Holdings (LON:OCN) Can Manage Its Debt Responsibly
Nov 27Financial Position Analysis
Short Term Liabilities: OCN's short term assets ($523.4M) exceed its short term liabilities ($182.2M).
Long Term Liabilities: OCN's short term assets ($523.4M) do not cover its long term liabilities ($523.8M).
Debt to Equity History and Analysis
Debt Level: OCN has more cash than its total debt.
Reducing Debt: OCN's debt to equity ratio has increased from 39.6% to 39.7% over the past 5 years.
Debt Coverage: OCN's debt is well covered by operating cash flow (39.7%).
Interest Coverage: OCN's interest payments on its debt are well covered by EBIT (4x coverage).