Subsea 7 Balance Sheet Health
Financial Health criteria checks 5/6
Subsea 7 has a total shareholder equity of $4.4B and total debt of $844.9M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are $8.1B and $3.7B respectively. Subsea 7's EBIT is $166.2M making its interest coverage ratio 3.6. It has cash and short-term investments of $750.9M.
Key information
19.4%
Debt to equity ratio
US$844.90m
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$750.90m |
| Equity | US$4.36b |
| Total liabilities | US$3.74b |
| Total assets | US$8.10b |
Recent financial health updates
Subsea 7 (OB:SUBC) Has A Pretty Healthy Balance Sheet
Jan 21
Does Subsea 7 (OB:SUBC) Have A Healthy Balance Sheet?
Oct 23Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Jul 18Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Apr 19Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Dec 16Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Aug 11Recent updates
Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon
Apr 17Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings
Mar 30Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price
Mar 22Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts
Mar 04Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital
Feb 23Subsea 7 (OB:SUBC) Has A Pretty Healthy Balance Sheet
Jan 21Subsea 7 S.A.'s (OB:SUBC) P/E Still Appears To Be Reasonable
Jan 05Subsea 7 (OB:SUBC) Could Be Struggling To Allocate Capital
Nov 10Does Subsea 7 (OB:SUBC) Have A Healthy Balance Sheet?
Oct 23Is Subsea 7 S.A. (OB:SUBC) Trading At A 49% Discount?
Aug 23Be Wary Of Subsea 7 (OB:SUBC) And Its Returns On Capital
Aug 05Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Jul 18Subsea 7 S.A. (OB:SUBC) Shares Could Be 36% Below Their Intrinsic Value Estimate
May 10Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Apr 19Subsea 7 (OB:SUBC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 09Are Subsea 7 S.A. (OB:SUBC) Investors Paying Above The Intrinsic Value?
Jan 12Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Dec 16Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 97% Above Its Share Price
Sep 06Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Aug 11Does Subsea 7 (OB:SUBC) Have A Healthy Balance Sheet?
May 06Industry Analysts Just Upgraded Their Subsea 7 S.A. (OB:SUBC) Revenue Forecasts By 11%
Mar 05Estimating The Intrinsic Value Of Subsea 7 S.A. (OB:SUBC)
Jan 26These 4 Measures Indicate That Subsea 7 (OB:SUBC) Is Using Debt Reasonably Well
Jan 04Is There An Opportunity With Subsea 7 S.A.'s (OB:SUBC) 23% Undervaluation?
Oct 24Is Subsea 7 (OB:SUBC) A Risky Investment?
Sep 25Is Subsea 7 S.A. (OB:SUBC) Trading At A 24% Discount?
Jul 05Subsea 7 (OB:SUBC) Has Debt But No Earnings; Should You Worry?
Jun 08Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 18% Below Its Share Price
Mar 10Financial Position Analysis
Short Term Liabilities: SUBC's short term assets ($2.9B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: SUBC's short term assets ($2.9B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SUBC's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: SUBC's debt to equity ratio has increased from 4.5% to 19.4% over the past 5 years.
Debt Coverage: SUBC's debt is well covered by operating cash flow (78.1%).
Interest Coverage: SUBC's interest payments on its debt are well covered by EBIT (3.6x coverage).