International Seaways Balance Sheet Health
Financial Health criteria checks 5/6
International Seaways has a total shareholder equity of $1.9B and total debt of $144.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $2.7B and $787.2M respectively. International Seaways's EBIT is $517.4M making its interest coverage ratio 11.9. It has cash and short-term investments of $180.7M.
Key information
7.7%
Debt to equity ratio
US$144.58m
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$180.67m |
| Equity | US$1.89b |
| Total liabilities | US$787.23m |
| Total assets | US$2.67b |
Recent financial health updates
International Seaways (NYSE:INSW) Seems To Use Debt Quite Sensibly
Oct 18
Is International Seaways (NYSE:INSW) A Risky Investment?
Jul 15These 4 Measures Indicate That International Seaways (NYSE:INSW) Is Using Debt Safely
Mar 11These 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 01Recent updates
International Seaways (NYSE:INSW) Seems To Use Debt Quite Sensibly
Oct 18International Seaways: Tanker Market Updates, Seasonal Upside Ahead (Podcast Transcript)
Sep 10International Seaways Q2 2024 Earnings: Seasonality At Play, Mixed Outlook Ahead
Aug 28International Seaways Q2 2024 Earnings Review: A Buy Recommendation Amidst Strong Market Conditions
Aug 08International Seaways, Inc.'s (NYSE:INSW) Share Price Is Matching Sentiment Around Its Earnings
Aug 05International Seaways: Excellent Operational Performance, And Cheap (Rating Upgrade)
Jul 24Is International Seaways (NYSE:INSW) A Risky Investment?
Jul 15International Seaways, Inc.'s (NYSE:INSW) CEO Looks Due For A Compensation Raise
Jun 06An Intrinsic Calculation For International Seaways, Inc. (NYSE:INSW) Suggests It's 48% Undervalued
May 27International Seaways: NAV Between Reach (Rating Downgrade)
May 13There'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 03Financial Position Analysis
Short Term Liabilities: INSW's short term assets ($434.6M) exceed its short term liabilities ($111.7M).
Long Term Liabilities: INSW's short term assets ($434.6M) do not cover its long term liabilities ($675.5M).
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 80.7% to 7.7% over the past 5 years.
Debt Coverage: INSW's debt is well covered by operating cash flow (413.8%).
Interest Coverage: INSW's interest payments on its debt are well covered by EBIT (11.9x coverage).