Tidewater Balance Sheet Health
Financial Health criteria checks 4/6
Tidewater has a total shareholder equity of $1.1B and total debt of $650.5M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are $2.0B and $933.3M respectively. Tidewater's EBIT is $278.5M making its interest coverage ratio 3.9. It has cash and short-term investments of $280.8M.
Key information
58.4%
Debt to equity ratio
US$650.46m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$280.84m |
| Equity | US$1.11b |
| Total liabilities | US$933.29m |
| Total assets | US$2.05b |
Recent financial health updates
These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Aug 28
Tidewater (NYSE:TDW) Has A Pretty Healthy Balance Sheet
Apr 29These 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 08Recent updates
Tidewater: Weak Offshore Drilling Activity Impacts Near-Term Outlook - Hold
Nov 18Tidewater: Best Shipping Sector Outlook With An Attractive Entry Price
Oct 31Tidewater Inc. (NYSE:TDW) Not Lagging Market On Growth Or Pricing
Oct 22Here's Why We Think Tidewater (NYSE:TDW) Is Well Worth Watching
Oct 04These 4 Measures Indicate That Tidewater (NYSE:TDW) Is Using Debt Reasonably Well
Aug 28Tidewater Q2 2024 Earnings: Headwinds Are Temporary, But Outlook Remains Robust
Aug 14Results: Tidewater Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 09Why Investors Shouldn't Be Surprised By Tidewater Inc.'s (NYSE:TDW) P/S
Jul 04Tidewater: Strong Quarter And Solid Prospects But Valuation Remains A Concern
Jun 17Do Tidewater's (NYSE:TDW) Earnings Warrant Your Attention?
Jun 16Impressive Earnings May Not Tell The Whole Story For Tidewater (NYSE:TDW)
May 11Tidewater (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 10Financial Position Analysis
Short Term Liabilities: TDW's short term assets ($626.0M) exceed its short term liabilities ($273.6M).
Long Term Liabilities: TDW's short term assets ($626.0M) do not cover its long term liabilities ($659.7M).
Debt to Equity History and Analysis
Debt Level: TDW's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: TDW's debt to equity ratio has increased from 39.9% to 58.4% over the past 5 years.
Debt Coverage: TDW's debt is well covered by operating cash flow (35.3%).
Interest Coverage: TDW's interest payments on its debt are well covered by EBIT (3.9x coverage).