Schoeller-Bleckmann Oilfield Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Schoeller-Bleckmann Oilfield Equipment has a total shareholder equity of €457.2M and total debt of €249.8M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are €842.0M and €384.8M respectively. Schoeller-Bleckmann Oilfield Equipment's EBIT is €90.9M making its interest coverage ratio 30. It has cash and short-term investments of €154.3M.
Key information
54.6%
Debt to equity ratio
€249.76m
Debt
| Interest coverage ratio | 30x |
| Cash | €154.26m |
| Equity | €457.18m |
| Total liabilities | €384.82m |
| Total assets | €842.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLL's short term assets (€513.0M) exceed its short term liabilities (€170.1M).
Long Term Liabilities: SLL's short term assets (€513.0M) exceed its long term liabilities (€214.8M).
Debt to Equity History and Analysis
Debt Level: SLL's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: SLL's debt to equity ratio has reduced from 78.9% to 54.6% over the past 5 years.
Debt Coverage: SLL's debt is well covered by operating cash flow (34.3%).
Interest Coverage: SLL's interest payments on its debt are well covered by EBIT (30x coverage).