Odfjell Drilling Balance Sheet Health
Financial Health criteria checks 2/6
Odfjell Drilling has a total shareholder equity of $1.4B and total debt of $670.0M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are $2.2B and $848.5M respectively. Odfjell Drilling's EBIT is $152.7M making its interest coverage ratio 2.2. It has cash and short-term investments of $94.8M.
Key information
48.3%
Debt to equity ratio
US$670.00m
Debt
Interest coverage ratio | 2.2x |
Cash | US$94.80m |
Equity | US$1.39b |
Total liabilities | US$848.50m |
Total assets | US$2.24b |
Recent financial health updates
Odfjell Drilling (OB:ODL) Has A Pretty Healthy Balance Sheet
Apr 03Odfjell Drilling (OB:ODL) Seems To Use Debt Quite Sensibly
Dec 15Is Odfjell Drilling (OB:ODL) Using Too Much Debt?
Aug 05Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Apr 04Here's Why Odfjell Drilling (OB:ODL) Has A Meaningful Debt Burden
Dec 09Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Aug 26Recent updates
Odfjell Drilling (OB:ODL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 28Odfjell Drilling (OB:ODL) Has A Pretty Healthy Balance Sheet
Apr 03Odfjell Drilling Ltd. (OB:ODL) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 18Odfjell Drilling (OB:ODL) Seems To Use Debt Quite Sensibly
Dec 15Industry Analysts Just Upgraded Their Odfjell Drilling Ltd. (OB:ODL) Revenue Forecasts By 13%
Sep 02Is Odfjell Drilling (OB:ODL) Using Too Much Debt?
Aug 05Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Apr 04Odfjell Drilling Ltd. (OB:ODL) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jan 19Here's Why Odfjell Drilling (OB:ODL) Has A Meaningful Debt Burden
Dec 09Odfjell Drilling Ltd.'s (OB:ODL) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 15Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Aug 26Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Mar 30Time To Worry? Analysts Are Downgrading Their Odfjell Drilling Ltd. (OB:ODL) Outlook
Mar 03These 4 Measures Indicate That Odfjell Drilling (OB:ODL) Is Using Debt In A Risky Way
Mar 02Odfjell Drilling (OB:ODL) Might Have The Makings Of A Multi-Bagger
Dec 21Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Oct 30Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Sep 02Here's Why Odfjell Drilling (OB:ODL) Is Weighed Down By Its Debt Load
Jul 13It's Probably Less Likely That Odfjell Drilling Ltd.'s (OB:ODL) CEO Will See A Huge Pay Rise This Year
Jun 16Odfjell Drilling's (OB:ODL) Returns Have Hit A Wall
May 04Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Apr 05Do Odfjell Drilling's (OB:ODL) Earnings Warrant Your Attention?
Mar 09If You Had Bought Odfjell Drilling (OB:ODL) Stock Five Years Ago, You Could Pocket A 268% Gain Today
Feb 16Is Odfjell Drilling (OB:ODL) Struggling?
Jan 21These 4 Measures Indicate That Odfjell Drilling (OB:ODL) Is Using Debt In A Risky Way
Dec 25Earnings Miss: Odfjell Drilling Ltd. Missed EPS By 22% And Analysts Are Revising Their Forecasts
Nov 29Financial Position Analysis
Short Term Liabilities: ODL's short term assets ($220.7M) do not cover its short term liabilities ($248.8M).
Long Term Liabilities: ODL's short term assets ($220.7M) do not cover its long term liabilities ($599.7M).
Debt to Equity History and Analysis
Debt Level: ODL's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: ODL's debt to equity ratio has reduced from 139.4% to 48.3% over the past 5 years.
Debt Coverage: ODL's debt is well covered by operating cash flow (40.5%).
Interest Coverage: ODL's interest payments on its debt are not well covered by EBIT (2.2x coverage).