Cmb.Tech Balance Sheet Health
Financial Health criteria checks 3/6
Cmb.Tech has a total shareholder equity of $1.1B and total debt of $2.4B, which brings its debt-to-equity ratio to 217.3%. Its total assets and total liabilities are $3.6B and $2.5B respectively. Cmb.Tech's EBIT is $403.6M making its interest coverage ratio 3.9. It has cash and short-term investments of $47.8M.
Key information
217.3%
Debt to equity ratio
US$2.39b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$47.78m |
| Equity | US$1.10b |
| Total liabilities | US$2.52b |
| Total assets | US$3.62b |
Recent financial health updates
No updates
Recent updates
Cmb.Tech NV: The Short-Term Is Too Uncertain For Now
Jan 07Cmb.Tech NV: Company Is Worth Watching After Name-Change
Oct 07Euronav: Growing Sustainably With The CMB.TECH Acquisition
Jun 20Euronav NV: Not Backing Down On The Decarbonization Agenda
Mar 13Frontline And Euronav Deal: Good Deal For Frontline, But Both Are Above Their Fair Value
Dec 07Euronav Saga Ends With Fireworks For Frontline
Nov 03Euronav's Solid Financials Coupled With Upside Potential Market Outlook Lead To A Bright Future
Sep 14Euronav NV: A Strong Oil Transporter Benefiting From Rising Spot Rates
Jun 30Euronav: The Saga Of A Failing Merger In A Profitable Oil Tanker Market
Jan 31Euronav: 3.7% Upside To Expected Tender Offer Due To Perceived Risk
Jan 04Euronav-Frontline Merger Facing Roadblocks
Dec 19Euronav Q3 2022 Earnings Preview
Nov 02Euronav: 3.68% Merger Premium, VLCC Spot Exposure Ahead Of Russian Sanctions
Oct 05Euronav Q2 2022 Earnings Preview
Aug 03Euronav: Upside Potential Amid Market Consolidation
Jun 22Financial Position Analysis
Short Term Liabilities: CMBT's short term assets ($530.6M) exceed its short term liabilities ($411.7M).
Long Term Liabilities: CMBT's short term assets ($530.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: CMBT's net debt to equity ratio (212.9%) is considered high.
Reducing Debt: CMBT's debt to equity ratio has increased from 79.5% to 217.3% over the past 5 years.
Debt Coverage: CMBT's debt is well covered by operating cash flow (25.4%).
Interest Coverage: CMBT's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 21:25 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Cmb.Tech NV is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark van der Geest | ABN AMRO Bank N.V. |
| David Vagman | BNP Paribas Exane |
| Lars Kalbakken | Carnegie Investment Bank AB |