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¥498.2M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥4.6B and CN¥1.4B respectively. BOMESC Offshore Engineering's EBIT is CN¥43.3M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥1.7B.
Key information
15.5%
Debt to equity ratio
CN¥498.19m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥1.66b |
Equity | CN¥3.22b |
Total liabilities | CN¥1.39b |
Total assets | CN¥4.61b |
Recent financial health updates
No updates
Recent 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 15.5% over the past 5 years.
Debt Coverage: 603727's debt is well covered by operating cash flow (113.7%).
Interest Coverage: 603727 earns more interest than it pays, so coverage of interest payments is not a concern.