Tidewater Balance Sheet Health
Financial Health criteria checks 2/6
Tidewater has a total shareholder equity of $1.0B and total debt of $734.4M, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are $2.1B and $1.0B respectively. Tidewater's EBIT is $176.2M making its interest coverage ratio 4. It has cash and short-term investments of $274.4M.
Key information
70.8%
Debt to equity ratio
US$734.44m
Debt
| Interest coverage ratio | 4x |
| Cash | US$274.44m |
| Equity | US$1.04b |
| Total liabilities | US$1.03b |
| Total assets | US$2.06b |
Recent financial health updates
Tidewater (NYSE:TDW) Has A Pretty Healthy Balance Sheet
Apr 29
These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Jan 17Tidewater (NYSE:TDW) Has A Pretty Healthy Balance Sheet
Oct 05Here's Why Tidewater (NYSE:TDW) Can Manage Its Debt Responsibly
Jun 19These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Mar 08We Think Tidewater (NYSE:TDW) Has A Fair Chunk Of Debt
Jul 26Recent updates
Tidewater (NYSE:TDW) Has A Pretty Healthy Balance Sheet
Apr 29Tidewater Remains The Best In Class, Despite The Elevated Price
Mar 26Tidewater: Strong Growth Ahead But Downgrading On Valuation
Mar 20Revenues Tell The Story For Tidewater Inc. (NYSE:TDW) As Its Stock Soars 25%
Mar 05Tidewater: A Potential Compounder Within A Fragmented And Overlooked Industry
Feb 20Establishing Dominance In The OSV Market: Mini Deep Dive On Tidewater
Feb 12These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Jan 17Tidewater Inc.'s (NYSE:TDW) 31% Jump Shows Its Popularity With Investors
Dec 27Tidewater Should Continue To Benefit From Hot OSV Market
Dec 18Tidewater: Another Bad Miss In Q3 But Substantial Improvement Projected For Next Year
Dec 10Tidewater: The Undisputed OSV Leader Delivered Again
Nov 13Tidewater: Bet On Offshore Support Vessels Growing Deficit
Nov 02Tidewater Is Riding A Hot OSV Market
Oct 19Tidewater (NYSE:TDW) Has A Pretty Healthy Balance Sheet
Oct 05Tidewater: No Reason To Worry About Weaker-Than-Expected Q2 Results
Aug 09Investors Appear Satisfied With Tidewater Inc.'s (NYSE:TDW) Prospects As Shares Rocket 27%
Jul 27Tidewater: Warrant Expiry - Potential Arbitrage Opportunities
Jul 24Here's Why Tidewater (NYSE:TDW) Can Manage Its Debt Responsibly
Jun 19Tidewater: This Might Be As Good As It Gets
Jun 05Tidewater: Strong Financials And Increasing Day Rates Signal Promising Future For Investors
May 25These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Mar 08Tidewater: Great Risk-Reward For 2023
Jan 24Tidewater: Decent Quarter, Strong Prospects Going Into 2023 - Buy
Nov 07Tidewater: Very Strong Industry Outlook Increases Odds For Dividend Reinstatement - Buy
Sep 07Tidewater Q2 2022 Earnings Preview
Aug 04We Think Tidewater (NYSE:TDW) Has A Fair Chunk Of Debt
Jul 26Tidewater Rises To The Top In 2022, Momentum Looks Solid
Jun 10Tidewater: The Tide Is Turning - Buy
Mar 13Is Tidewater (NYSE:TDW) Using Too Much Debt?
Mar 05Tidewater Inc: A Better Outlook, But Still A Struggle
Dec 06Tidewater (NYSE:TDW) Is Making Moderate Use Of Debt
Nov 03A Look At The Intrinsic Value Of Tidewater Inc. (NYSE:TDW)
Sep 28Tidewater: A Look At Q2 2021 Results
Aug 11Is There An Opportunity With Tidewater Inc.'s (NYSE:TDW) 50% Undervaluation?
Jun 14Tidewater misses on revenue
May 06Would Tidewater (NYSE:TDW) Be Better Off With Less Debt?
Apr 13How Many Tidewater Inc. (NYSE:TDW) Shares Did Insiders Buy, In The Last Year?
Mar 08Do Institutions Own Tidewater Inc. (NYSE:TDW) Shares?
Feb 09
Tidewater (NYSE:TDW) Is Carrying A Fair Bit Of Debt
Jan 12Financial Position Analysis
Short Term Liabilities: TDW's short term assets ($591.1M) exceed its short term liabilities ($328.7M).
Long Term Liabilities: TDW's short term assets ($591.1M) do not cover its long term liabilities ($696.3M).
Debt to Equity History and Analysis
Debt Level: TDW's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: TDW's debt to equity ratio has increased from 38.3% to 70.8% over the past 5 years.
Debt Coverage: TDW's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: TDW's interest payments on its debt are well covered by EBIT (4x coverage).