BW Offshore Balance Sheet Health
Financial Health criteria checks 5/6
BW Offshore has a total shareholder equity of $1.2B and total debt of $407.9M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $4.1B and $2.9B respectively. BW Offshore's EBIT is $153.6M making its interest coverage ratio 5.6. It has cash and short-term investments of $446.3M.
Key information
33.7%
Debt to equity ratio
US$407.90m
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$446.30m |
| Equity | US$1.21b |
| Total liabilities | US$2.88b |
| Total assets | US$4.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XY81's short term assets ($633.8M) exceed its short term liabilities ($380.2M).
Long Term Liabilities: XY81's short term assets ($633.8M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: XY81 has more cash than its total debt.
Reducing Debt: XY81's debt to equity ratio has reduced from 91.6% to 33.7% over the past 5 years.
Debt Coverage: XY81's debt is well covered by operating cash flow (125.9%).
Interest Coverage: XY81's interest payments on its debt are well covered by EBIT (5.6x coverage).