Aker BP Balance Sheet Health
Financial Health criteria checks 4/6
Aker BP has a total shareholder equity of $12.5B and total debt of $5.8B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are $39.4B and $26.9B respectively. Aker BP's EBIT is $9.5B making its interest coverage ratio 1491.7. It has cash and short-term investments of $3.2B.
Key information
46.3%
Debt to equity ratio
US$5.79b
Debt
| Interest coverage ratio | 1491.7x |
| Cash | US$3.22b |
| Equity | US$12.51b |
| Total liabilities | US$26.92b |
| Total assets | US$39.44b |
Recent financial health updates
Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden
Apr 12
Is Aker BP (OB:AKRBP) Using Too Much Debt?
Nov 15Aker BP (OB:AKRBP) Seems To Use Debt Quite Sensibly
Aug 04These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Reasonably Well
Apr 04Does Aker BP (OB:AKRBP) Have A Healthy Balance Sheet?
Dec 28Is Aker BP (OB:AKRBP) A Risky Investment?
Sep 15Recent updates
Aker BP ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 26Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden
Apr 12Aker BP ASA's (OB:AKRBP) Share Price Not Quite Adding Up
Mar 19A Look At The Fair Value Of Aker BP ASA (OB:AKRBP)
Dec 03Is Aker BP (OB:AKRBP) Using Too Much Debt?
Nov 15A Look At The Intrinsic Value Of Aker BP ASA (OB:AKRBP)
Aug 22Aker BP (OB:AKRBP) Seems To Use Debt Quite Sensibly
Aug 04Analysts Are More Bearish On Aker BP ASA (OB:AKRBP) Than They Used To Be
Jul 14Estimating The Intrinsic Value Of Aker BP ASA (OB:AKRBP)
May 18Aker BP (OB:AKRBP) Is Increasing Its Dividend To $5.84
Apr 30Here's Why We Think Aker BP (OB:AKRBP) Might Deserve Your Attention Today
Apr 17These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Reasonably Well
Apr 04A Look At The Fair Value Of Aker BP ASA (OB:AKRBP)
Jan 12Does Aker BP (OB:AKRBP) Have A Healthy Balance Sheet?
Dec 28Estimating The Intrinsic Value Of Aker BP ASA (OB:AKRBP)
Sep 30Is Aker BP (OB:AKRBP) A Risky Investment?
Sep 15These Analysts Think Aker BP ASA's (OB:AKRBP) Sales Are Under Threat
Jul 26Here's Why Aker BP (OB:AKRBP) Can Manage Its Debt Responsibly
Jun 14Aker BP ASA (OB:AKRBP) Shares Could Be 29% Above Their Intrinsic Value Estimate
May 22News Flash: Analysts Just Made A Notable Upgrade To Their Aker BP ASA (OB:AKRBP) Forecasts
Apr 30These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Reasonably Well
Feb 28Financial Position Analysis
Short Term Liabilities: AKRBP's short term assets ($5.3B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: AKRBP's short term assets ($5.3B) do not cover its long term liabilities ($21.4B).
Debt to Equity History and Analysis
Debt Level: AKRBP's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: AKRBP's debt to equity ratio has reduced from 80.5% to 46.3% over the past 5 years.
Debt Coverage: AKRBP's debt is well covered by operating cash flow (89.5%).
Interest Coverage: AKRBP's interest payments on its debt are well covered by EBIT (1491.7x coverage).