Oceaneering International Balance Sheet Health
Financial Health criteria checks 5/6
Oceaneering International has a total shareholder equity of $657.1M and total debt of $479.4M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are $2.3B and $1.6B respectively. Oceaneering International's EBIT is $202.4M making its interest coverage ratio 8.4. It has cash and short-term investments of $382.9M.
Key information
73.0%
Debt to equity ratio
US$479.38m
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$382.87m |
| Equity | US$657.10m |
| Total liabilities | US$1.65b |
| Total assets | US$2.30b |
Recent financial health updates
Oceaneering International (NYSE:OII) Seems To Use Debt Quite Sensibly
Oct 02
These 4 Measures Indicate That Oceaneering International (NYSE:OII) Is Using Debt Reasonably Well
Jun 04Does Oceaneering International (NYSE:OII) Have A Healthy Balance Sheet?
Feb 20Is Oceaneering International (NYSE:OII) A Risky Investment?
Nov 21Oceaneering International (NYSE:OII) Has A Rock Solid Balance Sheet
Aug 08We Think Oceaneering International (NYSE:OII) Can Stay On Top Of Its Debt
May 02Recent updates
Oceaneering International, Inc. (NYSE:OII) Shares Could Be 27% Below Their Intrinsic Value Estimate
Oct 15Oceaneering International (NYSE:OII) Seems To Use Debt Quite Sensibly
Oct 02Returns On Capital Are Showing Encouraging Signs At Oceaneering International (NYSE:OII)
Aug 23Oceaneering International, Inc. (NYSE:OII) Looks Just Right With A 27% Price Jump
Jul 26Should You Be Adding Oceaneering International (NYSE:OII) To Your Watchlist Today?
Jul 12Calculating The Intrinsic Value Of Oceaneering International, Inc. (NYSE:OII)
Jun 22Oceaneering International: Steady Offshore Activity But Short-Term Concerns Remain
Jun 07These 4 Measures Indicate That Oceaneering International (NYSE:OII) Is Using Debt Reasonably Well
Jun 04Returns On Capital Are Showing Encouraging Signs At Oceaneering International (NYSE:OII)
May 21Oceaneering International, Inc. (NYSE:OII) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Apr 04Does Oceaneering International (NYSE:OII) Deserve A Spot On Your Watchlist?
Mar 27Does Oceaneering International (NYSE:OII) Have A Healthy Balance Sheet?
Feb 20Oceaneering International: Not A Lot To Get Excited About Yet
Feb 06The Return Trends At Oceaneering International (NYSE:OII) Look Promising
Feb 02Oceaneering International, Inc. (NYSE:OII) Not Lagging Industry On Growth Or Pricing
Dec 27Is Oceaneering International (NYSE:OII) A Risky Investment?
Nov 21Oceaneering International (NYSE:OII) Is Doing The Right Things To Multiply Its Share Price
Nov 03Oceaneering International: Buy On A Pullback With Business In Early Stages Of Multiyear Upcycle
Oct 02Oceaneering International, Inc. (NYSE:OII) Shares Could Be 30% Above Their Intrinsic Value Estimate
Sep 28Oceaneering International (NYSE:OII) Has A Rock Solid Balance Sheet
Aug 08Oceaneering International: Steady Growth Prospect Despite Margin Concerns
Aug 01Returns On Capital Are Showing Encouraging Signs At Oceaneering International (NYSE:OII)
Jul 21Calculating The Fair Value Of Oceaneering International, Inc. (NYSE:OII)
Jun 30We Think Oceaneering International (NYSE:OII) Can Stay On Top Of Its Debt
May 02Oceaneering International (NYSE:OII) Is Looking To Continue Growing Its Returns On Capital
Apr 10Is Oceaneering International, Inc. (NYSE:OII) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 17Oceaneering Q4 2022 Earnings Preview
Feb 22Here's Why Oceaneering International (NYSE:OII) Can Manage Its Debt Responsibly
Dec 31Calculating The Intrinsic Value Of Oceaneering International, Inc. (NYSE:OII)
Dec 09Oceaneering International (NYSE:OII) Might Have The Makings Of A Multi-Bagger
Nov 18Oceaneering International: The Mobile Robotics Business Holds A Promise
Nov 09Oceaneering International wins $300M of subsea robotics contracts during Q3
Oct 13Oceaneering International (NYSE:OII) Has A Pretty Healthy Balance Sheet
Sep 22An Intrinsic Calculation For Oceaneering International, Inc. (NYSE:OII) Suggests It's 32% Undervalued
Sep 01Oceaneering International: Offshore Market Growth Will Ride Out Cash Flow Concerns
Aug 17Returns At Oceaneering International (NYSE:OII) Are On The Way Up
Aug 08Oceaneering Q2 2022 Earnings Preview
Jul 26These 4 Measures Indicate That Oceaneering International (NYSE:OII) Is Using Debt Reasonably Well
Jun 19Oceaneering Expects To Offset Q1 Results For Better Full-Year 2022
Jun 01Is There An Opportunity With Oceaneering International, Inc.'s (NYSE:OII) 29% Undervaluation?
May 28Oceaneering International (NYSE:OII) Is Experiencing Growth In Returns On Capital
May 07Oceaneering International: Industry Growth Drivers Will Outplay Cost Inflation
Mar 09Is Oceaneering International (NYSE:OII) Using Too Much Debt?
Mar 06Financial Position Analysis
Short Term Liabilities: OII's short term assets ($1.3B) exceed its short term liabilities ($776.9M).
Long Term Liabilities: OII's short term assets ($1.3B) exceed its long term liabilities ($870.8M).
Debt to Equity History and Analysis
Debt Level: OII's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: OII's debt to equity ratio has increased from 58.5% to 73% over the past 5 years.
Debt Coverage: OII's debt is well covered by operating cash flow (44.9%).
Interest Coverage: OII's interest payments on its debt are well covered by EBIT (8.4x coverage).