Odfjell Drilling Balance Sheet Health
Financial Health criteria checks 3/6
Odfjell Drilling has a total shareholder equity of $1.4B and total debt of $652.7M, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are $2.2B and $824.9M respectively.
Key information
46.3%
Debt to equity ratio
US$652.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$118.40m |
| Equity | US$1.41b |
| Total liabilities | US$824.90m |
| Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODFJ.F's short term assets ($244.9M) do not cover its short term liabilities ($245.7M).
Long Term Liabilities: ODFJ.F's short term assets ($244.9M) do not cover its long term liabilities ($579.2M).
Debt to Equity History and Analysis
Debt Level: ODFJ.F's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: ODFJ.F's debt to equity ratio has reduced from 135.6% to 46.3% over the past 5 years.
Debt Coverage: ODFJ.F's debt is well covered by operating cash flow (41.2%).
Interest Coverage: Insufficient data to determine if ODFJ.F's interest payments on its debt are well covered by EBIT.