Subsea 7 S.A.

OB:SUBC Stock Report

Market Cap: NOK 55.0b

Subsea 7 Balance Sheet Health

Financial Health criteria checks 5/6

Subsea 7 has a total shareholder equity of $4.3B and total debt of $802.7M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are $8.3B and $3.9B respectively. Subsea 7's EBIT is $407.4M making its interest coverage ratio 5.3. It has cash and short-term investments of $439.9M.

Key information

18.5%

Debt to equity ratio

US$802.70m

Debt

Interest coverage ratio5.3x
CashUS$439.90m
EquityUS$4.35b
Total liabilitiesUS$3.92b
Total assetsUS$8.27b

Recent financial health updates

Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Jan 15
Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Is Subsea 7 (OB:SUBC) Using Too Much Debt?

Jul 12
Is Subsea 7 (OB:SUBC) Using Too Much Debt?

Recent updates

Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Jan 31
Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Jan 15
Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

We Think Subsea 7's (OB:SUBC) Profit Is Only A Baseline For What They Can Achieve

Nov 29
We Think Subsea 7's (OB:SUBC) Profit Is Only A Baseline For What They Can Achieve

Results: Subsea 7 S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 24
Results: Subsea 7 S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts

There's Been No Shortage Of Growth Recently For Subsea 7's (OB:SUBC) Returns On Capital

Nov 02
There's Been No Shortage Of Growth Recently For Subsea 7's (OB:SUBC) Returns On Capital

Shareholders Should Be Pleased With Subsea 7 S.A.'s (OB:SUBC) Price

Oct 18
Shareholders Should Be Pleased With Subsea 7 S.A.'s (OB:SUBC) Price

Subsea 7 S.A. (OB:SUBC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 28
Subsea 7 S.A. (OB:SUBC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Is Subsea 7 (OB:SUBC) Using Too Much Debt?

Jul 12
Is Subsea 7 (OB:SUBC) Using Too Much Debt?

The Returns At Subsea 7 (OB:SUBC) Aren't Growing

Jun 24
The Returns At Subsea 7 (OB:SUBC) Aren't Growing

It Looks Like The CEO Of Subsea 7 S.A. (OB:SUBC) May Be Underpaid Compared To Peers

Apr 26
It Looks Like The CEO Of Subsea 7 S.A. (OB:SUBC) May Be Underpaid Compared To Peers

Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon

Apr 17
Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon

Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings

Mar 30
Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings

Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price

Mar 22
Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price

Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts

Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital

Feb 23
Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital

Financial Position Analysis

Short Term Liabilities: SUBC's short term assets ($3.0B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: SUBC's short term assets ($3.0B) exceed its long term liabilities ($994.3M).

Debt to Equity History and Analysis

Debt Level: SUBC's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: SUBC's debt to equity ratio has increased from 4.4% to 18.5% over the past 5 years.

Debt Coverage: SUBC's debt is well covered by operating cash flow (121.2%).

Interest Coverage: SUBC's interest payments on its debt are well covered by EBIT (5.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 08:16
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Subsea 7 S.A. is covered by 54 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Mark van der GeestABN AMRO Bank N.V.
Kjetil GarstadArctic Securities ASA