SBM Offshore Balance Sheet Health
Financial Health criteria checks 1/6
SBM Offshore has a total shareholder equity of $5.7B and total debt of $9.8B, which brings its debt-to-equity ratio to 171.2%. Its total assets and total liabilities are $18.2B and $12.5B respectively. SBM Offshore's EBIT is $1.1B making its interest coverage ratio 1.7. It has cash and short-term investments of $643.0M.
Key information
171.2%
Debt to equity ratio
US$9.83b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$643.00m |
| Equity | US$5.74b |
| Total liabilities | US$12.46b |
| Total assets | US$18.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBFF.Y's short term assets ($8.8B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: SBFF.Y's short term assets ($8.8B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: SBFF.Y's net debt to equity ratio (160%) is considered high.
Reducing Debt: SBFF.Y's debt to equity ratio has increased from 133.8% to 171.2% over the past 5 years.
Debt Coverage: SBFF.Y's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: SBFF.Y's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:35 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| 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
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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
SBM Offshore N.V. is covered by 35 analysts. 4 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 |
|---|---|
| Thijs Berkelder | ABN AMRO Bank N.V. |
| Marzio Foa | AlphaValue |
| Michael Pickup | Barclays |