CH Offshore Balance Sheet Health
Financial Health criteria checks 5/6
CH Offshore has a total shareholder equity of $40.3M and total debt of $6.3M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are $54.5M and $14.2M respectively.
Key information
15.5%
Debt to equity ratio
US$6.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.73m |
| Equity | US$40.28m |
| Total liabilities | US$14.20m |
| Total assets | US$54.48m |
Recent financial health updates
CH Offshore (SGX:C13) Is Making Moderate Use Of Debt
Mar 28
Is CH Offshore (SGX:C13) Using Debt In A Risky Way?
Dec 08Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?
Aug 03Is CH Offshore (SGX:C13) Weighed On By Its Debt Load?
Mar 01Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?
Oct 28We Think CH Offshore (SGX:C13) Has A Fair Chunk Of Debt
Jun 30Recent updates
Subdued Growth No Barrier To CH Offshore Ltd. (SGX:C13) With Shares Advancing 48%
Apr 29CH Offshore (SGX:C13) Is Making Moderate Use Of Debt
Mar 28Is CH Offshore (SGX:C13) Using Debt In A Risky Way?
Dec 08Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?
Aug 03Some Shareholders Feeling Restless Over CH Offshore Ltd.'s (SGX:C13) P/S Ratio
Jun 08Is CH Offshore (SGX:C13) Weighed On By Its Debt Load?
Mar 01Does CH Offshore (SGX:C13) Have A Healthy Balance Sheet?
Oct 28We Think CH Offshore (SGX:C13) Has A Fair Chunk Of Debt
Jun 30Is CH Offshore (SGX:C13) Using Too Much Debt?
Mar 17CH Offshore (SGX:C13) Is Carrying A Fair Bit Of Debt
Dec 02Is CH Offshore (SGX:C13) A Risky Investment?
Aug 19We Think CH Offshore (SGX:C13) Has A Fair Chunk Of Debt
Mar 24Is CH Offshore (SGX:C13) Using Debt In A Risky Way?
Dec 09Financial Position Analysis
Short Term Liabilities: C13's short term assets ($14.8M) exceed its short term liabilities ($12.8M).
Long Term Liabilities: C13's short term assets ($14.8M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: C13's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: C13's debt to equity ratio has increased from 10.2% to 15.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: C13 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: C13 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 6.1% each year.