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 $533.2M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $4.0B and $2.8B respectively. BW Offshore's EBIT is $118.3M making its interest coverage ratio 2.9. It has cash and short-term investments of $361.0M.
Key information
44.6%
Debt to equity ratio
US$533.20m
Debt
Interest coverage ratio | 2.9x |
Cash | US$361.00m |
Equity | US$1.20b |
Total liabilities | US$2.76b |
Total assets | US$3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RKH's short term assets ($518.8M) exceed its short term liabilities ($495.1M).
Long Term Liabilities: 0RKH's short term assets ($518.8M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 0RKH's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 0RKH's debt to equity ratio has reduced from 104% to 44.6% over the past 5 years.
Debt Coverage: 0RKH's debt is well covered by operating cash flow (104.8%).
Interest Coverage: 0RKH's interest payments on its debt are not well covered by EBIT (2.9x coverage).