ODP Balance Sheet Health
Financial Health criteria checks 5/6
ODP has a total shareholder equity of $1.1B and total debt of $144.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are $3.9B and $2.8B respectively. ODP's EBIT is $298.0M making its interest coverage ratio 29.8. It has cash and short-term investments of $392.0M.
Key information
13.1%
Debt to equity ratio
US$144.00m
Debt
| Interest coverage ratio | 29.8x |
| Cash | US$392.00m |
| Equity | US$1.10b |
| Total liabilities | US$2.79b |
| Total assets | US$3.89b |
Recent financial health updates
Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Apr 19
Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Dec 13Is ODP (NASDAQ:ODP) Using Too Much Debt?
Sep 02ODP (NASDAQ:ODP) Has A Somewhat Strained Balance Sheet
May 01ODP (NASDAQ:ODP) Has A Pretty Healthy Balance Sheet
Jan 29Recent updates
Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Apr 19Is Now The Time To Look At Buying The ODP Corporation (NASDAQ:ODP)?
Mar 25Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 44% Undervaluation?
Feb 23With EPS Growth And More, ODP (NASDAQ:ODP) Makes An Interesting Case
Feb 05ODP: A Value Play With Catalysts
Jan 16The ODP Corporation's (NASDAQ:ODP) Price Is Right But Growth Is Lacking
Dec 26Does ODP (NASDAQ:ODP) Have A Healthy Balance Sheet?
Dec 13Here's Why We Think ODP (NASDAQ:ODP) Might Deserve Your Attention Today
Nov 01What Is The ODP Corporation's (NASDAQ:ODP) Share Price Doing?
Oct 13Is ODP (NASDAQ:ODP) Using Too Much Debt?
Sep 02Is There An Opportunity With The ODP Corporation's (NASDAQ:ODP) 50% Undervaluation?
Aug 14Is There Now An Opportunity In The ODP Corporation (NASDAQ:ODP)?
Jul 04Here's Why ODP (NASDAQ:ODP) Has Caught The Eye Of Investors
May 17ODP (NASDAQ:ODP) Has A Somewhat Strained Balance Sheet
May 01Is There Now An Opportunity In The ODP Corporation (NASDAQ:ODP)?
Mar 20ODP (NASDAQ:ODP) Has A Pretty Healthy Balance Sheet
Jan 29The ODP Corporation: A Bargain With Multiple Catalysts
Aug 31ODP to partially leaseback Boca Raton HQ
Aug 24The ODP Corporation Q2 2022 Earnings Preview
Aug 02The ODP Corporation gains on guiding Q2 and FY22 earnings above the consensus; to buyback shares of $600M
Jul 18The ODP Corporation: Potential 40% Upside
Jan 30The ODP Corporation Has The Cash And Earnings To Navigate Troubled Times
Aug 25Office Depot gains after Staples makes $1B offer for retail stores business
Jun 04Office Depot Q1 2021 Earnings Preview
May 04Financial Position Analysis
Short Term Liabilities: ODP's short term assets ($1.7B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: ODP's short term assets ($1.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: ODP has more cash than its total debt.
Reducing Debt: ODP's debt to equity ratio has reduced from 69% to 13.1% over the past 5 years.
Debt Coverage: ODP's debt is well covered by operating cash flow (229.9%).
Interest Coverage: ODP's interest payments on its debt are well covered by EBIT (29.8x coverage).