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¥398.1M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥4.9B and CN¥1.7B respectively. BOMESC Offshore Engineering's EBIT is CN¥90.4M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥1.3B.
Key information
12.4%
Debt to equity ratio
CN¥398.09m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥1.33b |
| Equity | CN¥3.22b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥4.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603727's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603727's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥69.6M).
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 0.5% to 12.4% over the past 5 years.
Debt Coverage: 603727's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 603727 earns more interest than it pays, so coverage of interest payments is not a concern.