Subsea 7 Balance Sheet Health
Financial Health criteria checks 5/6
Subsea 7 has a total shareholder equity of $4.4B and total debt of $814.2M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are $8.2B and $3.8B respectively. Subsea 7's EBIT is $190.8M making its interest coverage ratio 3.4. It has cash and short-term investments of $603.7M.
Key information
18.7%
Debt to equity ratio
US$814.20m
Debt
Interest coverage ratio | 3.4x |
Cash | US$603.70m |
Equity | US$4.36b |
Total liabilities | US$3.82b |
Total assets | US$8.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUBC.Y's short term assets ($2.8B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: SUBC.Y's short term assets ($2.8B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SUBC.Y's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: SUBC.Y's debt to equity ratio has increased from 4.4% to 18.7% over the past 5 years.
Debt Coverage: SUBC.Y's debt is well covered by operating cash flow (95%).
Interest Coverage: SUBC.Y's interest payments on its debt are well covered by EBIT (3.4x coverage).