OIIOceaneering International, Inc.

$49.61

Is it safe?

Can OII take a bad year?

Oceaneering International, Inc. holds $119M more cash than debt, so a bad year is a question about profits, not about lenders.

$119M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
4.25

Altman Z-score · safe zone, above 3

Interest cover
7.81×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$489M
Cash and short-term investments
$607M
Net cash
$119M
EBITDA, trailing twelve months
$394M
Operating profit, trailing twelve months
$289M
Debt / equity
0.44×
Total debt / EBITDA
1.24×
Annualised volatilitytwo years of daily moves
46%
Worst drawdown on file
−93%
Below its 52-week high
−8.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.