Olin Balance Sheet Health
Financial Health criteria checks 3/6
Olin has a total shareholder equity of $2.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 125.3%. Its total assets and total liabilities are $7.6B and $5.4B respectively. Olin's EBIT is $607.7M making its interest coverage ratio 3.4. It has cash and short-term investments of $150.9M.
Key information
125.3%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 3.4x |
Cash | US$150.90m |
Equity | US$2.21b |
Total liabilities | US$5.40b |
Total assets | US$7.61b |
Recent financial health updates
Olin (NYSE:OLN) Has A Somewhat Strained Balance Sheet
Apr 22We Think Olin (NYSE:OLN) Is Taking Some Risk With Its Debt
Jan 03Is Olin (NYSE:OLN) A Risky Investment?
Sep 21Is Olin (NYSE:OLN) A Risky Investment?
Apr 11Is Olin (NYSE:OLN) A Risky Investment?
Jan 04We Think Olin (NYSE:OLN) Can Stay On Top Of Its Debt
Jun 11Recent updates
Olin (NYSE:OLN) Might Have The Makings Of A Multi-Bagger
May 13Olin (NYSE:OLN) Is Paying Out A Dividend Of $0.20
Apr 29Olin Corporation: Q1 Results May Signal A Turning Point (Rating Upgrade)
Apr 27Olin (NYSE:OLN) Has A Somewhat Strained Balance Sheet
Apr 22Potential Upside For Olin Corporation (NYSE:OLN) Not Without Risk
Apr 08What Does Olin Corporation's (NYSE:OLN) Share Price Indicate?
Mar 24Olin: Too Much Uncertainty To Be Bullish
Feb 07We Think Olin (NYSE:OLN) Is Taking Some Risk With Its Debt
Jan 03Earnings Working Against Olin Corporation's (NYSE:OLN) Share Price
Dec 19Olin Corporation: Downtrending Metrics Do Not Inspire Confidence
Dec 19Returns Are Gaining Momentum At Olin (NYSE:OLN)
Dec 04Olin (NYSE:OLN) Will Pay A Dividend Of $0.20
Oct 30Olin Is Likely A Value Trap
Oct 10When Should You Buy Olin Corporation (NYSE:OLN)?
Oct 07Is Olin (NYSE:OLN) A Risky Investment?
Sep 21Olin: I Still Believe It Is Poised For A Breakout
Aug 02Olin (NYSE:OLN) Has Affirmed Its Dividend Of $0.20
May 01Olin (NYSE:OLN) Knows How To Allocate Capital Effectively
Apr 26Is Olin (NYSE:OLN) A Risky Investment?
Apr 11Is Now The Time To Look At Buying Olin Corporation (NYSE:OLN)?
Mar 29Olin (NYSE:OLN) Will Pay A Dividend Of $0.20
Feb 27Olin Q4 2022 Earnings Preview
Jan 25Olin (NYSE:OLN) Is Achieving High Returns On Its Capital
Jan 16Is Olin (NYSE:OLN) A Risky Investment?
Jan 04Olin Corporation: A 2023 Update For A 'Buy'
Dec 27Olin declares $0.20 dividend
Nov 08Olin GAAP EPS of $2.18 beats by $0.41, revenue of $2.32B misses by $20M
Oct 26Olin Shares Face Ongoing Headwinds From Europe And China
Oct 14Olin Corporation: Finding The Valuation A 'Buy'
Sep 05Olin goes ex-dividend tomorrow
Aug 08Olin announces $2B stock buyback plan
Jul 28We Think Olin (NYSE:OLN) Can Stay On Top Of Its Debt
Jun 11Olin: Priced At 6x FCF, With Upside Potential From Russia's Fallout
Jun 09Olin Corporation: Betting On U.S. Petchem Stocks While European BASF And Sibur Under Pressure
May 25What Is Olin Corporation's (NYSE:OLN) Share Price Doing?
May 24Olin Corporation: A Decent Chemicals Company
Apr 12Why We Like The Returns At Olin (NYSE:OLN)
Mar 24These 4 Measures Indicate That Olin (NYSE:OLN) Is Using Debt Reasonably Well
Mar 07Financial Position Analysis
Short Term Liabilities: OLN's short term assets ($2.0B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: OLN's short term assets ($2.0B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: OLN's net debt to equity ratio (118.5%) is considered high.
Reducing Debt: OLN's debt to equity ratio has increased from 113.2% to 125.3% over the past 5 years.
Debt Coverage: OLN's debt is well covered by operating cash flow (36.8%).
Interest Coverage: OLN's interest payments on its debt are well covered by EBIT (3.4x coverage).