Odfjell Technology Balance Sheet Health
Financial Health criteria checks 4/6
Odfjell Technology has a total shareholder equity of NOK1.3B and total debt of NOK1.1B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are NOK3.9B and NOK2.6B respectively. Odfjell Technology's EBIT is NOK500.6M making its interest coverage ratio 3.8. It has cash and short-term investments of NOK578.4M.
Key information
87.7%
Debt to equity ratio
NOK 1.10b
Debt
| Interest coverage ratio | 3.8x |
| Cash | NOK 578.40m |
| Equity | NOK 1.26b |
| Total liabilities | NOK 2.63b |
| Total assets | NOK 3.89b |
Recent financial health updates
Recent updates
Is Odfjell Technology (OB:OTL) A Risky Investment?
Aug 06
The Return Trends At Odfjell Technology (OB:OTL) Look Promising
Dec 20An Intrinsic Calculation For Odfjell Technology Ltd. (OB:OTL) Suggests It's 46% Undervalued
Nov 03Is There An Opportunity With Odfjell Technology Ltd.'s (OB:OTL) 26% Undervaluation?
Apr 14Earnings Beat: Odfjell Technology Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 22We Think That There Are Issues Underlying Odfjell Technology's (OB:OTL) Earnings
Sep 01Financial Position Analysis
Short Term Liabilities: OTL's short term assets (NOK1.9B) exceed its short term liabilities (NOK997.9M).
Long Term Liabilities: OTL's short term assets (NOK1.9B) exceed its long term liabilities (NOK1.6B).
Debt to Equity History and Analysis
Debt Level: OTL's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: OTL's debt to equity ratio has increased from 3.3% to 87.7% over the past 5 years.
Debt Coverage: OTL's debt is well covered by operating cash flow (61%).
Interest Coverage: OTL's interest payments on its debt are well covered by EBIT (3.8x coverage).