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 $783.4M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $7.9B and $3.7B respectively. Subsea 7's EBIT is $318.9M making its interest coverage ratio 4.7. It has cash and short-term investments of $289.6M.
Key information
18.4%
Debt to equity ratio
US$783.40m
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$289.60m |
| Equity | US$4.25b |
| Total liabilities | US$3.65b |
| Total assets | US$7.90b |
Recent financial health updates
Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Jul 12
Subsea 7 (OB:SUBC) Has A Pretty Healthy Balance Sheet
Jan 21Does 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 16Recent updates
There's Been No Shortage Of Growth Recently For Subsea 7's (OB:SUBC) Returns On Capital
Nov 02Shareholders Should Be Pleased With Subsea 7 S.A.'s (OB:SUBC) Price
Oct 18Subsea 7 S.A. (OB:SUBC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 28Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Jul 12The Returns At Subsea 7 (OB:SUBC) Aren't Growing
Jun 24It Looks Like The CEO Of Subsea 7 S.A. (OB:SUBC) May Be Underpaid Compared To Peers
Apr 26Subsea 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 06Financial Position Analysis
Short Term Liabilities: SUBC's short term assets ($2.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: SUBC's short term assets ($2.6B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SUBC's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: SUBC's debt to equity ratio has increased from 4.5% to 18.4% over the past 5 years.
Debt Coverage: SUBC's debt is well covered by operating cash flow (126.6%).
Interest Coverage: SUBC's interest payments on its debt are well covered by EBIT (4.7x coverage).