Schoeller-Bleckmann Oilfield Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Schoeller-Bleckmann Oilfield Equipment has a total shareholder equity of €473.9M and total debt of €258.2M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are €866.8M and €392.8M respectively. Schoeller-Bleckmann Oilfield Equipment's EBIT is €103.6M making its interest coverage ratio 83.7. It has cash and short-term investments of €168.7M.
Key information
54.5%
Debt to equity ratio
€258.15m
Debt
Interest coverage ratio | 83.7x |
Cash | €168.68m |
Equity | €473.94m |
Total liabilities | €392.84m |
Total assets | €866.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLL's short term assets (€539.2M) exceed its short term liabilities (€194.5M).
Long Term Liabilities: SLL's short term assets (€539.2M) exceed its long term liabilities (€198.3M).
Debt to Equity History and Analysis
Debt Level: SLL's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: SLL's debt to equity ratio has reduced from 78.9% to 54.5% over the past 5 years.
Debt Coverage: SLL's debt is well covered by operating cash flow (29.7%).
Interest Coverage: SLL's interest payments on its debt are well covered by EBIT (83.7x coverage).