SBM Offshore NV (XAMS:SBMO) Debt-to-Equity : 2.49 (As of Dec. 2023)

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What is SBM Offshore NV Debt-to-Equity?

SBM Offshore NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,012 Mil. SBM Offshore NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7,507 Mil. SBM Offshore NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3,423 Mil. SBM Offshore NV's debt to equity for the quarter that ended in Dec. 2023 was 2.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SBM Offshore NV's Debt-to-Equity or its related term are showing as below:

XAMS:SBMO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.72 Med: 2.26 Max: 2.99
Current: 2.49

During the past 13 years, the highest Debt-to-Equity Ratio of SBM Offshore NV was 2.99. The lowest was 1.72. And the median was 2.26.

XAMS:SBMO's Debt-to-Equity is ranked worse than
92.91% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs XAMS:SBMO: 2.49

SBM Offshore NV Debt-to-Equity Historical Data

The historical data trend for SBM Offshore NV's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SBM Offshore NV Debt-to-Equity Chart

SBM Offshore NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.79

2.20

2.99

2.52

2.49

SBM Offshore NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.99	2.59	2.52	2.72	2.49

Competitive Comparison of SBM Offshore NV's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SBM Offshore NV's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SBM Offshore NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SBM Offshore NV's Debt-to-Equity falls into.

SBM Offshore NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SBM Offshore NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1012.368	+	7506.562)	/	3423.161
	=	2.49

SBM Offshore NV's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1012.368	+	7506.562)	/	3423.161
	=	2.49

SBM Offshore NV (XAMS:SBMO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SBM Offshore NV Debt-to-Equity Related Terms

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SBM Offshore NV (XAMS:SBMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SBM Offshore NV (XAMS:SBMO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SBFFY:USA SBFFF:USA SBMOa:UK 0NIS:UK IHCB:Germany

Address

Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL

Website

https://www.sbmoffshore.com

SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.

SBM Offshore NV (XAMS:SBMO) Headlines

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