Odyssey Marine Exploration Balance Sheet Health
Financial Health criteria checks 0/6
Odyssey Marine Exploration has a total shareholder equity of $-65.0M and total debt of $40.9M, which brings its debt-to-equity ratio to -62.9%. Its total assets and total liabilities are $14.0M and $79.0M respectively.
Key information
-62.9%
Debt to equity ratio
US$40.93m
Debt
Interest coverage ratio | n/a |
Cash | US$1.83m |
Equity | -US$65.02m |
Total liabilities | US$79.00m |
Total assets | US$13.99m |
Financial Position Analysis
Short Term Liabilities: OMEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OMEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OMEX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OMEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: OMEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OMEX's interest payments on its debt are well covered by EBIT.