Oil States International Balance Sheet Health
Financial Health criteria checks 6/6
Oil States International has a total shareholder equity of $684.8M and total debt of $125.3M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $994.1M and $309.3M respectively. Oil States International's EBIT is $20.8M making its interest coverage ratio 2.7. It has cash and short-term investments of $46.0M.
Key information
18.3%
Debt to equity ratio
US$125.28m
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$45.98m |
| Equity | US$684.81m |
| Total liabilities | US$309.34m |
| Total assets | US$994.14m |
Recent financial health updates
Oil States International (NYSE:OIS) Seems To Use Debt Quite Sensibly
Oct 22
Does Oil States International (NYSE:OIS) Have A Healthy Balance Sheet?
Jul 13Is Oil States International (NYSE:OIS) A Risky Investment?
Feb 18Here's Why Oil States International (NYSE:OIS) Can Afford Some Debt
Aug 12Oil States International (NYSE:OIS) Is Carrying A Fair Bit Of Debt
Mar 03Does Oil States International (NYSE:OIS) Have A Healthy Balance Sheet?
Aug 20Recent updates
Oil States International (NYSE:OIS) Seems To Use Debt Quite Sensibly
Oct 22Returns Are Gaining Momentum At Oil States International (NYSE:OIS)
Oct 04Oil States International: Near-Term Challenges Conflict Strong Potential (Rating Downgrade)
Aug 08Oil States International, Inc. (NYSE:OIS) Stock Catapults 35% Though Its Price And Business Still Lag The Industry
Aug 01A Look At The Intrinsic Value Of Oil States International, Inc. (NYSE:OIS)
Jul 17Here's Why Shareholders May Want To Be Cautious With Increasing Oil States International, Inc.'s (NYSE:OIS) CEO Pay Packet
May 01Oil States International, Inc.'s (NYSE:OIS) Shares Lagging The Industry But So Is The Business
Apr 18Oil States International Will Turn Around Steadily
Apr 06Expect Oil States International To Turn Around (Rating Upgrade)
Jan 17Oil States International Gets Close To An Inflection Point
Oct 11Oil States International (NYSE:OIS) Is Experiencing Growth In Returns On Capital
Aug 03Oil States International: The Macro Backdrop Is Strong But Q2 Execution Was Poor
Jul 28Does Oil States International (NYSE:OIS) Have A Healthy Balance Sheet?
Jul 13Oil States International, Inc.'s (NYSE:OIS) Shares May Have Run Too Fast Too Soon
Jun 08Oil States International's (NYSE:OIS) Promising Earnings May Rest On Soft Foundations
May 05Oil States International (NYSE:OIS) Shareholders Will Want The ROCE Trajectory To Continue
May 01Is Oil States International (NYSE:OIS) A Risky Investment?
Feb 18Oil States Q4 results beat estimates, co approves $25M stock buyback
Feb 16Oil States International: Driving Towards Profitability
Nov 02Oil States International: Growth Momentum And Relative Valuation Look Promising
Oct 04Is Oil States International, Inc. (NYSE:OIS) Worth US$4.3 Based On Its Intrinsic Value?
Sep 22Here's Why Oil States International (NYSE:OIS) Can Afford Some Debt
Aug 12Oil States GAAP EPS misses, revenue beats,
Jul 27Oil States International names a new COO
Jul 05Oil States International: Meandering Growth Prompts A Wait
Jun 14Oil States International: Recovery Agents Can Outweigh Short Term Disruptions
Mar 09Oil States International (NYSE:OIS) Is Carrying A Fair Bit Of Debt
Mar 03Oil States International: Mild Disruptions Before Stability
Nov 22Does Oil States International (NYSE:OIS) Have A Healthy Balance Sheet?
Aug 20Oil States International: Steady Drivers Will Keep It Rolling
Aug 05Oil States International Should Benefit Once The Economy Reopens
May 06Should Shareholders Reconsider Oil States International, Inc.'s (NYSE:OIS) CEO Compensation Package?
May 05A Look At The Fair Value Of Oil States International, Inc. (NYSE:OIS)
Mar 29Have Oil States International, Inc. (NYSE:OIS) Insiders Been Selling Their Stock?
Mar 06Financial Position Analysis
Short Term Liabilities: OIS's short term assets ($478.9M) exceed its short term liabilities ($140.8M).
Long Term Liabilities: OIS's short term assets ($478.9M) exceed its long term liabilities ($168.6M).
Debt to Equity History and Analysis
Debt Level: OIS's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: OIS's debt to equity ratio has reduced from 19.1% to 18.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable OIS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OIS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.3% per year.