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 $419.0M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are $4.1B and $2.8B respectively. BW Offshore's EBIT is $144.6M making its interest coverage ratio 4.4. It has cash and short-term investments of $448.0M.
Key information
34.1%
Debt to equity ratio
US$419.00m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$448.00m |
| Equity | US$1.23b |
| Total liabilities | US$2.82b |
| Total assets | US$4.05b |
Recent financial health updates
Does BW Offshore (OB:BWO) Have A Healthy Balance Sheet?
Aug 31
Is BW Offshore (OB:BWO) A Risky Investment?
Mar 03BW Offshore (OB:BWO) Takes On Some Risk With Its Use Of Debt
Nov 18Is BW Offshore (OB:BWO) Using Too Much Debt?
Mar 20Recent updates
BW Offshore Limited's (OB:BWO) Earnings Are Not Doing Enough For Some Investors
Oct 03We Think That There Are Some Issues For BW Offshore (OB:BWO) Beyond Its Promising Earnings
May 31Does BW Offshore (OB:BWO) Have A Healthy Balance Sheet?
Aug 31Is BW Offshore (OB:BWO) A Risky Investment?
Mar 03BW Offshore (OB:BWO) Takes On Some Risk With Its Use Of Debt
Nov 18We Like The Quality Of BW Offshore's (OB:BWO) Earnings
May 31What To Know Before Buying BW Offshore Limited (OB:BWO) For Its Dividend
May 11Is BW Offshore (OB:BWO) Using Too Much Debt?
Mar 20Read This Before Considering BW Offshore Limited (OB:BWO) For Its Upcoming US$0.035 Dividend
Feb 21BW Offshore Limited (OB:BWO) Is Yielding 3.4% - But Is It A Buy?
Feb 05BW Offshore Limited (OB:BWO) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jan 10
BW Offshore (OB:BWO) Has Compensated Shareholders With A 34% Return On Their Investment
Dec 19Earnings Miss: BW Offshore Limited Missed EPS By 53% And Analysts Are Revising Their Forecasts
Nov 22BW Offshore Limited (OB:BWO) Goes Ex-Dividend Soon
Nov 22Financial Position Analysis
Short Term Liabilities: BWO's short term assets ($632.9M) exceed its short term liabilities ($408.1M).
Long Term Liabilities: BWO's short term assets ($632.9M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: BWO has more cash than its total debt.
Reducing Debt: BWO's debt to equity ratio has reduced from 95.5% to 34.1% over the past 5 years.
Debt Coverage: BWO's debt is well covered by operating cash flow (129.9%).
Interest Coverage: BWO's interest payments on its debt are well covered by EBIT (4.4x coverage).