BW Offshore Balance Sheet Health
Financial Health criteria checks 4/6
BW Offshore has a total shareholder equity of $1.2B and total debt of $541.1M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $3.8B and $2.6B respectively. BW Offshore's EBIT is $127.6M making its interest coverage ratio 1.5. It has cash and short-term investments of $246.4M.
Key information
45.9%
Debt to equity ratio
US$541.10m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$246.40m |
| Equity | US$1.18b |
| Total liabilities | US$2.62b |
| Total assets | US$3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWOO's short term assets ($533.3M) exceed its short term liabilities ($467.4M).
Long Term Liabilities: BWOO's short term assets ($533.3M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: BWOO's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: BWOO's debt to equity ratio has reduced from 112.1% to 45.9% over the past 5 years.
Debt Coverage: BWOO's debt is well covered by operating cash flow (93%).
Interest Coverage: BWOO's interest payments on its debt are not well covered by EBIT (1.5x coverage).