Seamec Balance Sheet Health
Financial Health criteria checks 5/6
Seamec has a total shareholder equity of ₹9.7B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ₹13.2B and ₹3.5B respectively. Seamec's EBIT is ₹1.4B making its interest coverage ratio 105.2. It has cash and short-term investments of ₹1.2B.
Key information
23.7%
Debt to equity ratio
₹2.29b
Debt
| Interest coverage ratio | 105.2x |
| Cash | ₹1.16b |
| Equity | ₹9.66b |
| Total liabilities | ₹3.51b |
| Total assets | ₹13.17b |
Recent financial health updates
Does Seamec (NSE:SEAMECLTD) Have A Healthy Balance Sheet?
Jun 27
Here's Why Seamec (NSE:SEAMECLTD) Can Afford Some Debt
Dec 30Here's Why Seamec (NSE:SEAMECLTD) Can Manage Its Debt Responsibly
Feb 07Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?
Aug 23Seamec (NSE:SEAMECLTD) Seems To Use Debt Quite Sensibly
Dec 14Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?
Jul 28Recent updates
With EPS Growth And More, Seamec (NSE:SEAMECLTD) Makes An Interesting Case
Nov 15Seamec (NSE:SEAMECLTD) Will Want To Turn Around Its Return Trends
Sep 27Seamec Limited's (NSE:SEAMECLTD) Shares Bounce 25% But Its Business Still Trails The Market
Jul 01Does Seamec (NSE:SEAMECLTD) Have A Healthy Balance Sheet?
Jun 27Seamec's (NSE:SEAMECLTD) Promising Earnings May Rest On Soft Foundations
Jun 05Here's Why Seamec (NSE:SEAMECLTD) Can Afford Some Debt
Dec 30Returns On Capital Are Showing Encouraging Signs At Seamec (NSE:SEAMECLTD)
Apr 18Here's Why Seamec (NSE:SEAMECLTD) Can Manage Its Debt Responsibly
Feb 07Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?
Aug 23Seamec's (NSE:SEAMECLTD) Returns On Capital Are Heading Higher
Mar 17Here's Why I Think Seamec (NSE:SEAMECLTD) Might Deserve Your Attention Today
Feb 09Seamec (NSE:SEAMECLTD) Seems To Use Debt Quite Sensibly
Dec 14Does Seamec (NSE:SEAMECLTD) Deserve A Spot On Your Watchlist?
Sep 10Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?
Jul 28Seamec (NSE:SEAMECLTD) Is Looking To Continue Growing Its Returns On Capital
Jun 02A Look At The Fair Value Of Seamec Limited (NSE:SEAMECLTD)
Mar 22Is Seamec Limited (NSE:SEAMECLTD) The Right Choice For A Smart Dividend Investor?
Mar 03Seamec Limited (NSE:SEAMECLTD) Will Pay A ₹1.00 Dividend In Three Days
Feb 13Does Seamec (NSE:SEAMECLTD) Have A Healthy Balance Sheet?
Jan 31Can You Imagine How Elated Seamec's (NSE:SEAMECLTD) Shareholders Feel About Its 414% Share Price Gain?
Jan 11
Do Its Financials Have Any Role To Play In Driving Seamec Limited's (NSE:SEAMECLTD) Stock Up Recently?
Dec 20Should Seamec Limited (NSE:SEAMECLTD) Be Part Of Your Dividend Portfolio?
Nov 30Does Seamec's (NSE:SEAMECLTD) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 10Will The ROCE Trend At Seamec (NSE:SEAMECLTD) Continue?
Oct 20Is Seamec Limited's (NSE:SEAMECLTD) Stock's Recent Performance A Reflection Of Its Financial Health?
Sep 15We Think Seamec (NSE:SEAMECLTD) Can Manage Its Debt With Ease
Aug 20Is There More Growth In Store For Seamec's (NSE:SEAMECLTD) Returns On Capital?
Jul 10Financial Position Analysis
Short Term Liabilities: SEAMECLTD's short term assets (₹3.2B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: SEAMECLTD's short term assets (₹3.2B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: SEAMECLTD's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: SEAMECLTD's debt to equity ratio has increased from 16.3% to 23.7% over the past 5 years.
Debt Coverage: SEAMECLTD's debt is well covered by operating cash flow (103.9%).
Interest Coverage: SEAMECLTD's interest payments on its debt are well covered by EBIT (105.2x coverage).