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
Recent updates
Financial Position Analysis
Short Term Liabilities: ODFB's short term assets ($282.2M) do not cover its short term liabilities ($365.0M).
Long Term Liabilities: ODFB's short term assets ($282.2M) do not cover its long term liabilities ($830.8M).
Debt to Equity History and Analysis
Debt Level: ODFB's net debt to equity ratio (89.2%) is considered high.
Reducing Debt: ODFB's debt to equity ratio has reduced from 186.9% to 103.2% over the past 5 years.
Debt Coverage: ODFB's debt is well covered by operating cash flow (41.2%).
Interest Coverage: ODFB's interest payments on its debt are well covered by EBIT (3.2x coverage).