BW Offshore Balance Sheet Health
Financial Health criteria checks 3/6
BW Offshore has a total shareholder equity of $1.2B and total debt of $571.7M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are $3.6B and $2.5B respectively. BW Offshore's EBIT is $128.6M making its interest coverage ratio 1.5. It has cash and short-term investments of $224.1M.
Key information
49.7%
Debt to equity ratio
US$571.70m
Debt
Interest coverage ratio | 1.5x |
Cash | US$224.10m |
Equity | US$1.15b |
Total liabilities | US$2.45b |
Total assets | US$3.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWOF.Y's short term assets ($502.0M) do not cover its short term liabilities ($582.5M).
Long Term Liabilities: BWOF.Y's short term assets ($502.0M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: BWOF.Y's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: BWOF.Y's debt to equity ratio has reduced from 108% to 49.7% over the past 5 years.
Debt Coverage: BWOF.Y's debt is well covered by operating cash flow (101.3%).
Interest Coverage: BWOF.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).