Siem Offshore Balance Sheet Health
Financial Health criteria checks 3/6
Siem Offshore has a total shareholder equity of $529.2M and total debt of $476.1M, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are $1.1B and $557.8M respectively. Siem Offshore's EBIT is $96.5M making its interest coverage ratio 4.2. It has cash and short-term investments of $97.3M.
Key information
90.0%
Debt to equity ratio
US$476.15m
Debt
Interest coverage ratio | 4.2x |
Cash | US$97.33m |
Equity | US$529.18m |
Total liabilities | US$557.79m |
Total assets | US$1.09b |
Recent financial health updates
Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet
Mar 24Is Siem Offshore (OB:SIOFF) Using Too Much Debt?
Dec 15Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly
Aug 30We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt
Feb 25Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden
Sep 21Is Siem Offshore (OB:SIOFF) A Risky Investment?
Jun 04Recent updates
With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case
Apr 20Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet
Mar 24Is Siem Offshore (OB:SIOFF) Using Too Much Debt?
Dec 15Returns At Siem Offshore (OB:SIOFF) Are On The Way Up
Nov 25With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case
Sep 21Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly
Aug 30Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher
Jul 11Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger
Apr 01We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt
Feb 25Investors Will Want Siem Offshore's (OB:SIOFF) Growth In ROCE To Persist
Dec 10Improved Earnings Required Before Siem Offshore Inc. (OB:SIOFF) Stock's 33% Jump Looks Justified
Oct 29Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden
Sep 21Is Siem Offshore (OB:SIOFF) A Risky Investment?
Jun 04Siem Offshore (OB:SIOFF) Is Experiencing Growth In Returns On Capital
May 06Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden
Mar 02Returns On Capital Are Showing Encouraging Signs At Siem Offshore (OB:SIOFF)
Jan 06Is Siem Offshore (OB:SIOFF) Using Too Much Debt?
Nov 05Siem Offshore's (OB:SIOFF) Robust Earnings Might Be Weaker Than You Think
Sep 02Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger
Sep 01Auditors Are Concerned About Siem Offshore (OB:SIOFF)
Apr 29Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher
Mar 30Siem Offshore's (OB:SIOFF) Shareholders Are Down 73% On Their Shares
Feb 23Siem Offshore (OB:SIOFF) Takes On Some Risk With Its Use Of Debt
Jan 19What These Trends Mean At Siem Offshore (OB:SIOFF)
Dec 15Financial Position Analysis
Short Term Liabilities: SIOFF's short term assets ($167.2M) do not cover its short term liabilities ($275.4M).
Long Term Liabilities: SIOFF's short term assets ($167.2M) do not cover its long term liabilities ($282.4M).
Debt to Equity History and Analysis
Debt Level: SIOFF's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: SIOFF's debt to equity ratio has reduced from 249.9% to 90% over the past 5 years.
Debt Coverage: SIOFF's debt is well covered by operating cash flow (28.9%).
Interest Coverage: SIOFF's interest payments on its debt are well covered by EBIT (4.2x coverage).