Odfjell Balance Sheet Health
Financial Health criteria checks 3/6
Odfjell has a total shareholder equity of $798.5M and total debt of $824.2M, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are $2.0B and $1.2B respectively. Odfjell's EBIT is $283.9M making its interest coverage ratio 3.2. It has cash and short-term investments of $112.3M.
Key information
103.2%
Debt to equity ratio
US$824.19m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$112.29m |
| Equity | US$798.51m |
| Total liabilities | US$1.20b |
| Total assets | US$1.99b |
Recent financial health updates
We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt
Jan 19
We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt
Aug 25Is Odfjell (OB:ODF) Using Too Much Debt?
Oct 05Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky
Jan 24Recent updates
Odfjell SE's (OB:ODF) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Apr 20Odfjell (OB:ODF) Is Doing The Right Things To Multiply Its Share Price
Apr 13Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?
Mar 28Odfjell SE (OB:ODF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr160
Feb 12Odfjell SE (OB:ODF) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Feb 02We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt
Jan 19Returns Are Gaining Momentum At Odfjell (OB:ODF)
Dec 21Does Odfjell (OB:ODF) Deserve A Spot On Your Watchlist?
Oct 07We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt
Aug 25Is Odfjell (OB:ODF) Using Too Much Debt?
Oct 05We Think Odfjell's (OB:ODF) Profit Is Only A Baseline For What They Can Achieve
Aug 25New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)
Aug 21At kr31.30, Is It Time To Put Odfjell SE (OB:ODF) On Your Watch List?
May 25We Think Some Shareholders May Hesitate To Increase Odfjell SE's (OB:ODF) CEO Compensation
Apr 28Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky
Jan 24What Kind Of Shareholders Hold The Majority In Odfjell SE's (OB:ODF) Shares?
Dec 28What Is Odfjell SE's (OB:ODF) Share Price Doing?
Dec 07
Financial Position Analysis
Short Term Liabilities: ODF's short term assets ($282.2M) do not cover its short term liabilities ($365.0M).
Long Term Liabilities: ODF's short term assets ($282.2M) do not cover its long term liabilities ($830.8M).
Debt to Equity History and Analysis
Debt Level: ODF's net debt to equity ratio (89.2%) is considered high.
Reducing Debt: ODF's debt to equity ratio has reduced from 186.9% to 103.2% over the past 5 years.
Debt Coverage: ODF's debt is well covered by operating cash flow (41.2%).
Interest Coverage: ODF's interest payments on its debt are well covered by EBIT (3.2x coverage).