Otter Tail Balance Sheet Health
Financial Health criteria checks 4/6
Otter Tail has a total shareholder equity of $1.4B and total debt of $905.5M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $3.2B and $1.8B respectively. Otter Tail's EBIT is $388.5M making its interest coverage ratio 10.3. It has cash and short-term investments of $230.4M.
Key information
62.7%
Debt to equity ratio
US$905.48m
Debt
| Interest coverage ratio | 10.3x |
| Cash | US$230.37m |
| Equity | US$1.44b |
| Total liabilities | US$1.80b |
| Total assets | US$3.24b |
Recent financial health updates
Here's Why Otter Tail (NASDAQ:OTTR) Has A Meaningful Debt Burden
Feb 08
Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Nov 01Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Jun 24We Think Otter Tail (NASDAQ:OTTR) Can Stay On Top Of Its Debt
Mar 24Here's Why Otter Tail (NASDAQ:OTTR) Can Manage Its Debt Responsibly
Jul 28Is Otter Tail (NASDAQ:OTTR) A Risky Investment?
Apr 14Recent updates
Here's Why Shareholders Will Not Be Complaining About Otter Tail Corporation's (NASDAQ:OTTR) CEO Pay Packet
Apr 03Otter Tail: Plastics Profits Might Not Be As Strong In 2024
Feb 22Otter Tail's (NASDAQ:OTTR) Upcoming Dividend Will Be Larger Than Last Year's
Feb 09Here's Why Otter Tail (NASDAQ:OTTR) Has A Meaningful Debt Burden
Feb 08Otter Tail (NASDAQ:OTTR) Shareholders Will Want The ROCE Trajectory To Continue
Jan 21Otter Tail Corporation's (NASDAQ:OTTR) Price Is Right But Growth Is Lacking
Jan 03Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Nov 01Returns On Capital Are Showing Encouraging Signs At Otter Tail (NASDAQ:OTTR)
Oct 09Otter Tail's (NASDAQ:OTTR) Returns On Capital Are Heading Higher
Jul 10Is Otter Tail (NASDAQ:OTTR) Using Too Much Debt?
Jun 24Here's Why We Think Otter Tail (NASDAQ:OTTR) Is Well Worth Watching
May 21Otter Tail (NASDAQ:OTTR) Has Announced That It Will Be Increasing Its Dividend To $0.4375
May 06We Think Otter Tail (NASDAQ:OTTR) Can Stay On Top Of Its Debt
Mar 24Otter Tail (NASDAQ:OTTR) Is Doing The Right Things To Multiply Its Share Price
Feb 22Otter Tail's (NASDAQ:OTTR) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 09Does Otter Tail (NASDAQ:OTTR) Deserve A Spot On Your Watchlist?
Jan 12Otter Tail (NASDAQ:OTTR) Is Experiencing Growth In Returns On Capital
Nov 22Here's Why Otter Tail (NASDAQ:OTTR) Has Caught The Eye Of Investors
Sep 16Otter Tail: Benefiting Significantly From Materials Shortage
Sep 14Calculating The Intrinsic Value Of Otter Tail Corporation (NASDAQ:OTTR)
Sep 04Returns On Capital Are Showing Encouraging Signs At Otter Tail (NASDAQ:OTTR)
Aug 23Otter Tail reports Q2 earnings beat; raises FY22 EPS guidance
Aug 02Here's Why Otter Tail (NASDAQ:OTTR) Can Manage Its Debt Responsibly
Jul 28Are Investors Undervaluing Otter Tail Corporation (NASDAQ:OTTR) By 43%?
May 27Returns Are Gaining Momentum At Otter Tail (NASDAQ:OTTR)
May 11Is Otter Tail (NASDAQ:OTTR) A Risky Investment?
Apr 14Otter Tail: Clearly Recovered From The Pandemic But Still Boasting An Attractive Valuation
Mar 20I Ran A Stock Scan For Earnings Growth And Otter Tail (NASDAQ:OTTR) Passed With Ease
Mar 09Otter Tail's (NASDAQ:OTTR) Upcoming Dividend Will Be Larger Than Last Year's
Feb 10Is Otter Tail Corporation (NASDAQ:OTTR) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 07Otter Tail (NASDAQ:OTTR) Has A Somewhat Strained Balance Sheet
Jan 10Otter Tail: Strong Finances Make The Valuation Reasonable
Dec 22Investors Will Want Otter Tail's (NASDAQ:OTTR) Growth In ROCE To Persist
Dec 09Do Otter Tail's (NASDAQ:OTTR) Earnings Warrant Your Attention?
Nov 23Financial Position Analysis
Short Term Liabilities: OTTR's short term assets ($570.2M) exceed its short term liabilities ($309.8M).
Long Term Liabilities: OTTR's short term assets ($570.2M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: OTTR's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: OTTR's debt to equity ratio has reduced from 83.5% to 62.7% over the past 5 years.
Debt Coverage: OTTR's debt is well covered by operating cash flow (44.7%).
Interest Coverage: OTTR's interest payments on its debt are well covered by EBIT (10.3x coverage).