Schoeller-Bleckmann Oilfield Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Schoeller-Bleckmann Oilfield Equipment has a total shareholder equity of €448.0M and total debt of €254.6M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are €836.4M and €388.4M respectively. Schoeller-Bleckmann Oilfield Equipment's EBIT is €109.7M making its interest coverage ratio -222. It has cash and short-term investments of €162.4M.
Key information
56.8%
Debt to equity ratio
€254.62m
Debt
Interest coverage ratio | -222x |
Cash | €162.35m |
Equity | €448.02m |
Total liabilities | €388.40m |
Total assets | €836.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBOE.Y's short term assets (€515.4M) exceed its short term liabilities (€190.5M).
Long Term Liabilities: SBOE.Y's short term assets (€515.4M) exceed its long term liabilities (€197.9M).
Debt to Equity History and Analysis
Debt Level: SBOE.Y's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: SBOE.Y's debt to equity ratio has reduced from 88.2% to 56.8% over the past 5 years.
Debt Coverage: SBOE.Y's debt is well covered by operating cash flow (34%).
Interest Coverage: SBOE.Y earns more interest than it pays, so coverage of interest payments is not a concern.