SEACOR Marine Holdings Balance Sheet Health
Financial Health criteria checks 3/6
SEACOR Marine Holdings has a total shareholder equity of $348.9M and total debt of $310.6M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are $744.8M and $396.0M respectively. SEACOR Marine Holdings's EBIT is $6.9M making its interest coverage ratio 0.2. It has cash and short-term investments of $59.6M.
Key information
89.0%
Debt to equity ratio
US$310.59m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$59.59m |
| Equity | US$348.87m |
| Total liabilities | US$395.98m |
| Total assets | US$744.85m |
Recent financial health updates
Here's Why SEACOR Marine Holdings (NYSE:SMHI) Can Afford Some Debt
Oct 20
Is SEACOR Marine Holdings (NYSE:SMHI) A Risky Investment?
Jun 03Health Check: How Prudently Does SEACOR Marine Holdings (NYSE:SMHI) Use Debt?
Sep 23Is SEACOR Marine Holdings (NYSE:SMHI) Using Debt Sensibly?
Jun 14Is SEACOR Marine Holdings (NYSE:SMHI) Using Too Much Debt?
Feb 22Recent updates
Seacor Marine Holdings: Lowering Estimates After Slow Start To The Year - Buy
May 15Seacor Marine: Deepening OSV Deficit And Improved Financials, Rating Upgrade To Buy
Mar 11SEACOR Marine Holdings: Raising Expectations And Upgrading To 'Buy' On Massive Upside
Mar 05SEACOR Marine Holdings (NYSE:SMHI) Is Looking To Continue Growing Its Returns On Capital
Mar 02Seacor Marine Holdings: Decent Results But Downgrading On Valuation, ATM Overhang
Nov 03Here's Why SEACOR Marine Holdings (NYSE:SMHI) Can Afford Some Debt
Oct 20Seacor Marine Holdings Addresses Near-Term Debt Maturities - Buy
Oct 03Seacor Marine Holdings: Strong Q2 Results Likely Just The Beginning - Buy
Aug 03Is SEACOR Marine Holdings (NYSE:SMHI) A Risky Investment?
Jun 03Seacor Marine Holdings: Business Has Reached An Inflection Point - Buy
Jun 01SEACOR Marine GAAP EPS of -$0.91, revenue of $59.8M
Nov 02Seacor Marine Holdings: Buy After Successful Debt And Liquidity Management Actions
Oct 07Health Check: How Prudently Does SEACOR Marine Holdings (NYSE:SMHI) Use Debt?
Sep 23Is SEACOR Marine Holdings (NYSE:SMHI) Using Debt Sensibly?
Jun 14SEACOR Marine Holdings' (NYSE:SMHI) Earnings Aren't As Good As They Appear
Mar 17Is SEACOR Marine Holdings (NYSE:SMHI) Using Too Much Debt?
Feb 22Shareholders Will Probably Hold Off On Increasing SEACOR Marine Holdings Inc.'s (NYSE:SMHI) CEO Compensation For The Time Being
Jun 02SEACOR Marine reports Q1 results
May 06Do Institutions Own SEACOR Marine Holdings Inc. (NYSE:SMHI) Shares?
Mar 08SEACOR Marine Holdings' (NYSE:SMHI) Stock Price Has Reduced 76% In The Past Three Years
Feb 05What Can We Make Of SEACOR Marine Holdings' (NYSE:SMHI) CEO Compensation?
Dec 21SEACOR Marine Holdings, CMB strike deal for Windcat Workboats Holdings
Dec 18Financial Position Analysis
Short Term Liabilities: SMHI's short term assets ($140.1M) exceed its short term liabilities ($74.4M).
Long Term Liabilities: SMHI's short term assets ($140.1M) do not cover its long term liabilities ($321.5M).
Debt to Equity History and Analysis
Debt Level: SMHI's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: SMHI's debt to equity ratio has increased from 74.5% to 89% 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: SMHI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SMHI has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 50.1% each year