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).