International Seaways Balance Sheet Health
Financial Health criteria checks 5/6
International Seaways has a total shareholder equity of $1.8B and total debt of $111.9M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are $2.6B and $756.5M respectively. International Seaways's EBIT is $559.0M making its interest coverage ratio 12. It has cash and short-term investments of $219.6M.
Key information
6.2%
Debt to equity ratio
US$111.85m
Debt
Interest coverage ratio | 12x |
Cash | US$219.55m |
Equity | US$1.79b |
Total liabilities | US$756.53m |
Total assets | US$2.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INSW N's short term assets ($490.1M) exceed its short term liabilities ($179.8M).
Long Term Liabilities: INSW N's short term assets ($490.1M) do not cover its long term liabilities ($576.8M).
Debt to Equity History and Analysis
Debt Level: INSW N has more cash than its total debt.
Reducing Debt: INSW N's debt to equity ratio has reduced from 79.5% to 6.2% over the past 5 years.
Debt Coverage: INSW N's debt is well covered by operating cash flow (557.9%).
Interest Coverage: INSW N's interest payments on its debt are well covered by EBIT (12x coverage).