BOMESC Offshore Engineering Balance Sheet Health
Financial Health criteria checks 5/6
BOMESC Offshore Engineering has a total shareholder equity of CN¥3.2B and total debt of CN¥298.1M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥4.6B and CN¥1.4B respectively. BOMESC Offshore Engineering's EBIT is CN¥39.0M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥1.7B.
Key information
9.3%
Debt to equity ratio
CN¥298.10m
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥1.66b |
Equity | CN¥3.22b |
Total liabilities | CN¥1.39b |
Total assets | CN¥4.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603727's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603727's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥76.8M).
Debt to Equity History and Analysis
Debt Level: 603727 has more cash than its total debt.
Reducing Debt: 603727's debt to equity ratio has increased from 0% to 9.3% over the past 5 years.
Debt Coverage: 603727's debt is well covered by operating cash flow (190.1%).
Interest Coverage: 603727 earns more interest than it pays, so coverage of interest payments is not a concern.