SEACOR Marine Holdings Balance Sheet Health
Financial Health criteria checks 3/6
SEACOR Marine Holdings has a total shareholder equity of $348.9M and total debt of $310.6M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are $744.8M and $396.0M respectively. SEACOR Marine Holdings's EBIT is $6.9M making its interest coverage ratio 0.2. It has cash and short-term investments of $59.6M.
Key information
89.0%
Debt to equity ratio
US$310.59m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$59.59m |
| Equity | US$348.87m |
| Total liabilities | US$395.98m |
| Total assets | US$744.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMHI *'s short term assets ($140.1M) exceed its short term liabilities ($74.4M).
Long Term Liabilities: SMHI *'s short term assets ($140.1M) do not cover its long term liabilities ($321.5M).
Debt to Equity History and Analysis
Debt Level: SMHI *'s net debt to equity ratio (71.9%) is considered high.
Reducing Debt: SMHI *'s debt to equity ratio has increased from 74.5% to 89% 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: SMHI * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SMHI * has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 50.1% each year