Tidewater Balance Sheet Health
Financial Health criteria checks 2/6
Tidewater has a total shareholder equity of $1.0B and total debt of $743.7M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are $2.1B and $1.0B respectively. Tidewater's EBIT is $109.1M making its interest coverage ratio 4.2. It has cash and short-term investments of $275.1M.
Key information
72.1%
Debt to equity ratio
US$743.67m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$275.07m |
| Equity | US$1.03b |
| Total liabilities | US$1.04b |
| Total assets | US$2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TDW *'s short term assets ($575.4M) exceed its short term liabilities ($332.5M).
Long Term Liabilities: TDW *'s short term assets ($575.4M) do not cover its long term liabilities ($707.5M).
Debt to Equity History and Analysis
Debt Level: TDW *'s net debt to equity ratio (45.4%) is considered high.
Reducing Debt: TDW *'s debt to equity ratio has increased from 46.9% to 72.1% over the past 5 years.
Debt Coverage: TDW *'s debt is not well covered by operating cash flow (13.8%).
Interest Coverage: TDW *'s interest payments on its debt are well covered by EBIT (4.2x coverage).