International Seaways Balance Sheet Health
Financial Health criteria checks 5/6
International Seaways has a total shareholder equity of $1.7B and total debt of $131.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $2.5B and $805.1M respectively. International Seaways's EBIT is $579.6M making its interest coverage ratio 11.4. It has cash and short-term investments of $191.8M.
Key information
7.6%
Debt to equity ratio
US$131.01m
Debt
| Interest coverage ratio | 11.4x |
| Cash | US$191.84m |
| Equity | US$1.72b |
| Total liabilities | US$805.06m |
| Total assets | US$2.52b |
Recent financial health updates
These 4 Measures Indicate That International Seaways (NYSE:INSW) Is Using Debt Safely
Mar 11
These 4 Measures Indicate That International Seaways (NYSE:INSW) Is Using Debt Reasonably Well
Sep 16Does International Seaways (NYSE:INSW) Have A Healthy Balance Sheet?
Jun 01Does International Seaways (NYSE:INSW) Have A Healthy Balance Sheet?
Jan 23Is International Seaways (NYSE:INSW) Using Too Much Debt?
Oct 06Recent updates
There's No Escaping International Seaways, Inc.'s (NYSE:INSW) Muted Earnings
Apr 23International Seaways: One Of The Best-Diversified Tanker Companies; Rating Upgrade
Apr 13International Seaways: The Market Situation Is Unchanged
Apr 02International Seaways: Robust Market Fundamentals, Reasonable Valuations
Mar 25These 4 Measures Indicate That International Seaways (NYSE:INSW) Is Using Debt Safely
Mar 11International Seaways: Betting On Crude Oil And Product Tankers At Once
Jan 24International Seaways: Best Risk/Reward Tanker Company With Significant Upside Potential
Dec 18We Ran A Stock Scan For Earnings Growth And International Seaways (NYSE:INSW) Passed With Ease
Nov 30Riding The Waves: Why International Seaways Remains A Buy After Q3-2023
Nov 11These 4 Measures Indicate That International Seaways (NYSE:INSW) Is Using Debt Reasonably Well
Sep 16International Seaways: It's Time To Jump Onboard - Strong Buy
Sep 02International Seaways: Smooth And Profitable Sailing
Aug 10Investors Continue Waiting On Sidelines For International Seaways, Inc. (NYSE:INSW)
Jun 27Does International Seaways (NYSE:INSW) Have A Healthy Balance Sheet?
Jun 01International Seaways: Strong Buy
May 30A Look At The Intrinsic Value Of International Seaways, Inc. (NYSE:INSW)
Apr 03Does International Seaways (NYSE:INSW) Have A Healthy Balance Sheet?
Jan 23International Seaways goes ex-dividend tomorrow
Dec 06International Seaways Q3 2022 Earnings Preview
Nov 07International Seaways: The Stock Is A Buy
Oct 26Is International Seaways (NYSE:INSW) Using Too Much Debt?
Oct 06International Seaways goes ex-dividend tomorrow
Sep 12Financial Position Analysis
Short Term Liabilities: INSW's short term assets ($465.0M) exceed its short term liabilities ($195.6M).
Long Term Liabilities: INSW's short term assets ($465.0M) do not cover its long term liabilities ($609.5M).
Debt to Equity History and Analysis
Debt Level: INSW has more cash than its total debt.
Reducing Debt: INSW's debt to equity ratio has reduced from 80.5% to 7.6% over the past 5 years.
Debt Coverage: INSW's debt is well covered by operating cash flow (525.4%).
Interest Coverage: INSW's interest payments on its debt are well covered by EBIT (11.4x coverage).