SEACOR Marine Holdings Balance Sheet Health
Financial Health criteria checks 2/6
SEACOR Marine Holdings has a total shareholder equity of $374.2M and total debt of $315.9M, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are $780.3M and $406.1M respectively. SEACOR Marine Holdings's EBIT is $14.1M making its interest coverage ratio 0.4. It has cash and short-term investments of $67.5M.
Key information
84.4%
Debt to equity ratio
US$315.91m
Debt
Interest coverage ratio | 0.4x |
Cash | US$67.46m |
Equity | US$374.22m |
Total liabilities | US$406.11m |
Total assets | US$780.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQZ's short term assets ($164.7M) exceed its short term liabilities ($77.1M).
Long Term Liabilities: SQZ's short term assets ($164.7M) do not cover its long term liabilities ($329.0M).
Debt to Equity History and Analysis
Debt Level: SQZ's net debt to equity ratio (66.4%) is considered high.
Reducing Debt: SQZ's debt to equity ratio has increased from 73.2% to 84.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SQZ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SQZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.