SBM Offshore NV
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, demobilization, and life extension of floating production storage and offloading (FPSO) vessels. The company also operates catenary anchor leg mooring (CALM), a single point moori… Read more
SBM Offshore NV (SBFFF) - Total Assets
Latest total assets as of June 2025: $17.85 Billion USD
Based on the latest financial reports, SBM Offshore NV (SBFFF) holds total assets worth $17.85 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SBM Offshore NV - Total Assets Trend (2002–2024)
This chart illustrates how SBM Offshore NV’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SBM Offshore NV - Asset Composition Analysis
Current Asset Composition (December 2024)
SBM Offshore NV's total assets of $17.85 Billion consist of 57.1% current assets and 42.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.7% |
| Accounts Receivable | $7.83 Billion | 45.7% |
| Inventory | $36.99 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $176.00 Million | 1.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how SBM Offshore NV's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SBM Offshore NV's current assets represent 57.1% of total assets in 2024, an increase from 30.5% in 2002.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 9.8% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 45.7% of total assets.
SBM Offshore NV Competitors by Total Assets
Key competitors of SBM Offshore NV based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
SBM Offshore NV - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - SBM Offshore NV generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, SBM Offshore NV generates $ 0.87 in net profit.
SBM Offshore NV - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.08 | 2.51 | 1.48 |
| Quick Ratio | 2.03 | 2.44 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.25 Billion | $ 5.30 Billion | $ 924.00 Million |
SBM Offshore NV - Advanced Valuation Insights
This section examines the relationship between SBM Offshore NV's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.47 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $17.16 Billion |
| Market Capitalization | $2.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values SBM Offshore NV's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: SBM Offshore NV's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for SBM Offshore NV (2002–2024)
The table below shows the annual total assets of SBM Offshore NV from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $17.16 Billion | -0.11% |
| 2023-12-31 | $17.18 Billion | +8.10% |
| 2022-12-31 | $15.89 Billion | +20.27% |
| 2021-12-31 | $13.21 Billion | +19.18% |
| 2020-12-31 | $11.09 Billion | +7.76% |
| 2019-12-31 | $10.29 Billion | +2.95% |
| 2018-12-31 | $9.99 Billion | -9.22% |
| 2017-12-31 | $11.01 Billion | -4.19% |
| 2016-12-31 | $11.49 Billion | +1.31% |
| 2015-12-31 | $11.34 Billion | +2.00% |
| 2014-12-31 | $11.12 Billion | +56.20% |
| 2013-12-31 | $7.12 Billion | +12.35% |
| 2012-12-31 | $6.34 Billion | +19.76% |
| 2011-12-31 | $5.29 Billion | +3.91% |
| 2010-12-31 | $5.09 Billion | +9.28% |
| 2009-12-31 | $4.66 Billion | +7.21% |
| 2008-12-31 | $4.34 Billion | +19.54% |
| 2007-12-31 | $3.63 Billion | +23.61% |
| 2006-12-31 | $2.94 Billion | +19.09% |
| 2005-12-31 | $2.47 Billion | -5.58% |
| 2004-12-31 | $2.62 Billion | -6.15% |
| 2003-12-31 | $2.79 Billion | +21.73% |
| 2002-12-31 | $2.29 Billion | -- |