Old Dominion Freight Line Balance Sheet Health
Financial Health criteria checks 6/6
Old Dominion Freight Line has a total shareholder equity of $4.2B and total debt of $60.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $5.4B and $1.3B respectively. Old Dominion Freight Line's EBIT is $1.6B making its interest coverage ratio -81. It has cash and short-term investments of $74.2M.
Key information
1.4%
Debt to equity ratio
US$59.99m
Debt
| Interest coverage ratio | -81x |
| Cash | US$74.16m |
| Equity | US$4.18b |
| Total liabilities | US$1.25b |
| Total assets | US$5.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODFL *'s short term assets ($735.1M) exceed its short term liabilities ($553.6M).
Long Term Liabilities: ODFL *'s short term assets ($735.1M) exceed its long term liabilities ($696.5M).
Debt to Equity History and Analysis
Debt Level: ODFL * has more cash than its total debt.
Reducing Debt: ODFL *'s debt to equity ratio has reduced from 1.5% to 1.4% over the past 5 years.
Debt Coverage: ODFL *'s debt is well covered by operating cash flow (2825.6%).
Interest Coverage: ODFL * earns more interest than it pays, so coverage of interest payments is not a concern.