BW Offshore (STU:XY81) LT-Debt-to-Total-Asset : 0.35 (As of Jun. 2024)

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What is BW Offshore LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. BW Offshore's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.35.

BW Offshore's long-term debt to total assets ratio increased from Jun. 2023 (0.30) to Jun. 2024 (0.35). It may suggest that BW Offshore is progressively becoming more dependent on debt to grow their business.

BW Offshore LT-Debt-to-Total-Asset Historical Data

The historical data trend for BW Offshore's LT-Debt-to-Total-Asset 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.

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BW Offshore LT-Debt-to-Total-Asset Chart

BW Offshore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.38

0.34

0.30

0.33

BW Offshore Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.30	0.30	0.33	0.35

BW Offshore LT-Debt-to-Total-Asset Calculation

BW Offshore's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1212.457	/	3624.993
	=	0.33

BW Offshore's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1320.109	/	3762.543
	=	0.35

BW Offshore (STU:XY81) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

BW Offshore LT-Debt-to-Total-Asset Related Terms

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BW Offshore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BW Offshore Ltd (STU:XY81) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BWOFY:USA BWOo:Sweden BWO:Norway 0RKH:UK

Address

22 Church Street, 4th Floor, Suite 400, Washington Mall Phase 2, Hamilton, BMU, HM1189

Website

https://www.bwoffshore.com

BW Offshore Ltd is a holding company. It is engaged in developing, owning, and operating oil and gas Floating Production, Storage, and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction, and installation, as well as lease and operation services for FPSOs. The operating segment of the company is FPSO and Floating Wind in the majority of its revenue is from the FPSO segment.

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