Seacrest Petroleo Bermuda Balance Sheet Health
Financial Health criteria checks 1/6
Seacrest Petroleo Bermuda has a total shareholder equity of $46.7M and total debt of $388.4M, which brings its debt-to-equity ratio to 832.2%. Its total assets and total liabilities are $752.2M and $705.6M respectively.
Key information
832.2%
Debt to equity ratio
US$388.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.83m |
| Equity | US$46.67m |
| Total liabilities | US$705.57m |
| Total assets | US$752.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SEAPT's short term assets ($102.8M) do not cover its short term liabilities ($179.2M).
Long Term Liabilities: SEAPT's short term assets ($102.8M) do not cover its long term liabilities ($526.3M).
Debt to Equity History and Analysis
Debt Level: SEAPT's net debt to equity ratio (779%) is considered high.
Reducing Debt: Insufficient data to determine if SEAPT's debt to equity ratio has reduced 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: SEAPT has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if SEAPT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.