Aker BP Balance Sheet Health
Financial Health criteria checks 4/6
Aker BP has a total shareholder equity of $12.5B and total debt of $5.8B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are $39.4B and $26.9B respectively. Aker BP's EBIT is $9.5B making its interest coverage ratio 1491.7. It has cash and short-term investments of $3.2B.
Key information
46.3%
Debt to equity ratio
US$5.79b
Debt
Interest coverage ratio | 1491.7x |
Cash | US$3.22b |
Equity | US$12.51b |
Total liabilities | US$26.92b |
Total assets | US$39.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKRB.F's short term assets ($5.3B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: AKRB.F's short term assets ($5.3B) do not cover its long term liabilities ($21.4B).
Debt to Equity History and Analysis
Debt Level: AKRB.F's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: AKRB.F's debt to equity ratio has reduced from 80.5% to 46.3% over the past 5 years.
Debt Coverage: AKRB.F's debt is well covered by operating cash flow (89.5%).
Interest Coverage: AKRB.F's interest payments on its debt are well covered by EBIT (1491.7x coverage).