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Boart Longyear Group Balance Sheet Health
Financial Health criteria checks 4/6
Boart Longyear Group has a total shareholder equity of $292.1M and total debt of $208.0M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are $824.3M and $532.1M respectively. Boart Longyear Group's EBIT is $60.4M making its interest coverage ratio 2.6. It has cash and short-term investments of $47.9M.
Key information
71.2%
Debt to equity ratio
US$207.98m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$47.91m |
| Equity | US$292.11m |
| Total liabilities | US$532.15m |
| Total assets | US$824.25m |
Recent financial health updates
Boart Longyear Group (ASX:BLY) Has A Somewhat Strained Balance Sheet
May 16
We Think Boart Longyear Group (ASX:BLY) Is Taking Some Risk With Its Debt
Sep 20Recent updates
Improved Revenues Required Before Boart Longyear Group Ltd. (ASX:BLY) Stock's 32% Jump Looks Justified
Dec 27The Return Trends At Boart Longyear Group (ASX:BLY) Look Promising
Nov 23Calculating The Intrinsic Value Of Boart Longyear Group Ltd. (ASX:BLY)
Oct 10Boart Longyear Group's (ASX:BLY) Returns On Capital Are Heading Higher
Jun 26Boart Longyear Group (ASX:BLY) Has A Somewhat Strained Balance Sheet
May 16Investors Will Want Boart Longyear Group's (ASX:BLY) Growth In ROCE To Persist
Nov 09We Think Boart Longyear Group (ASX:BLY) Is Taking Some Risk With Its Debt
Sep 20We Like These Underlying Return On Capital Trends At Boart Longyear Group (ASX:BLY)
Mar 21Boart Longyear's (ASX:BLY) Returns On Capital Are Heading Higher
Sep 08Here's Why Shareholders May Want To Be Cautious With Increasing Boart Longyear Limited's (ASX:BLY) CEO Pay Packet
May 19Returns At Boart Longyear (ASX:BLY) Are On The Way Up
Mar 22We Like These Underlying Trends At Boart Longyear (ASX:BLY)
Dec 07Financial Position Analysis
Short Term Liabilities: BLY's short term assets ($434.6M) exceed its short term liabilities ($226.0M).
Long Term Liabilities: BLY's short term assets ($434.6M) exceed its long term liabilities ($306.2M).
Debt to Equity History and Analysis
Debt Level: BLY's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: BLY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BLY's debt is well covered by operating cash flow (26.8%).
Interest Coverage: BLY's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/11 18:14 |
| End of Day Share Price | 2024/04/11 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Boart Longyear Group Ltd. is covered by 18 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Swapan Pandya | APP Securities Pty Ltd. |
| Anthony El-Khoury | BofA Global Research |
| Alva DeVoy | CGS International |