 Metacentric height

For a small heel of a floating body in a uniform fluid, the metacentre is the intersection of the new vertical buoyancy line with the original vertical through the centre of buoyancy. With the centre of mass a signed distance $BG$ above the original centre of buoyancy, the metacentric height is $GM=I_{\mathrm{wp}}/V_d-BG$. Here $I_{\mathrm{wp}}$ is the waterplane second moment of area about the heel axis and $V_d$ the displaced volume. Positive $GM$ gives a restoring small-angle torque and negative $GM$ gives instability. The formula describes local static stability, not all large-angle behaviour or effects of free liquid surfaces inside the body.