PAO Sovcomflot Balance Sheet Health
Financial Health criteria checks 2/6
PAO Sovcomflot has a total shareholder equity of $4.0B and total debt of $3.0B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are $7.3B and $3.4B respectively. PAO Sovcomflot's EBIT is $291.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $614.0M.
Key information
76.5%
Debt to equity ratio
US$3.03b
Debt
Interest coverage ratio | 1.9x |
Cash | US$614.00m |
Equity | US$3.97b |
Total liabilities | US$3.36b |
Total assets | US$7.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLOT's short term assets ($840.4M) exceed its short term liabilities ($574.3M).
Long Term Liabilities: FLOT's short term assets ($840.4M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: FLOT's net debt to equity ratio (61%) is considered high.
Reducing Debt: FLOT's debt to equity ratio has reduced from 84.1% to 76.5% over the past 5 years.
Debt Coverage: FLOT's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: FLOT's interest payments on its debt are not well covered by EBIT (1.9x coverage).