Seacrest Petroleo Bermuda Limited

OB:SEAPT Stock Report

Market Cap: NOK 136.0m

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 ration/a
CashUS$24.83m
EquityUS$46.67m
Total liabilitiesUS$705.57m
Total assetsUS$752.24m

Recent financial health updates

No updates

Recent updates

Seacrest Petroleo Bermuda Limited (OB:SEAPT) Soars 38% But It's A Story Of Risk Vs Reward

Apr 24
Seacrest Petroleo Bermuda Limited (OB:SEAPT) Soars 38% But It's A Story Of Risk Vs Reward

Take Care Before Jumping Onto Seacrest Petroleo Bermuda Limited (OB:SEAPT) Even Though It's 43% Cheaper

Mar 07
Take Care Before Jumping Onto Seacrest Petroleo Bermuda Limited (OB:SEAPT) Even Though It's 43% Cheaper

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.


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