Company Information

Learn More About XBRL  

Address: C/O SUBSEA 7 M.S. LIMITED
200 HAMMERSMITH ROAD 
City: LONDON 
State:  
Zip Code: W6 7DL 
Telephone: 44 20 8210 5500 


Description of Business


Primary SIC Code: 1389
(As filed with the SEC)  

We are one of the largest seabed-to-surface engineering and construction contractors in the world in terms of revenue. The Group designs, procures, builds, installs and services a range of surface and subsurface infrastructures for the global offshore oil and gas industry. The Group specializes in creating and applying innovative and efficient solutions in response to the technical complexities faced by the oil and gas companies as they explore and develop offshore production fields in increasingly deeper water and more demanding environments. We provide services and products that add value for our clients throughout the entire life cycle of offshore oil and gas field exploration, development and production. When a field is being developed, we apply our technical expertise and knowledge of regional conditions to offer conceptual and engineering designs for the field. The Group also procures or fabricates and installs equipment used in field development.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
11/20091.29NA11.37
05/20091.560.2006.63
02/20091.70NA3.04
11/20081.70NA3.36
08/20081.08NA15.94
02/20080.77NA27.87
11/20070.74NA28.68
08/20071.18NA22.37

Key Financial Ratios and Statistics

FYE: 11/30

Profitability 2009 Leverage 2009
Net Inc/Comm Equity0.53Total Liab/Total Assets0.62
Net Inc/Total Assets0.09Total Liab/Inv Cap1.11
Net Inc/Inv Cap0.17Total Liab/Comm Equity3.50
Pretax Inc/Net Sales0.16Interest Coverage Ratio12.51
Net Inc/Net Sales0.12Curr Debt/Equity0.02
Cash Flow/Net Sales0.25LTD/Equity0.39
SG&A/NetSales0.08Total Debt/Equity0.41
Asset Utilization   Liquidity  
Net Receivables Turnover4.77Quick Ratio1.41
Inventory Turnover11.49Current Ratio1.43
Inventory Day Sales0.21Net Rec/Curr Assets0.29
Net Sales/Work Cap4.23Inv/Curr Assets0.01
Net Sales/PP&E2.69  

Income Statement (Millions)

  11/30/2009 11/30/2008 11/30/2007 11/30/2006
Total Revenues(Net Sales) 2,208.80 2,522.40 2,663.40 2,124.20
Cost of Goods Sold 1,683.80 1,874.20 2,122.30 1,729.70
Selling & Admin Exps 182.30 253.80 227.70 150.90
Operating Income 342.70 397.80 325.70 245.40
Interest Exp 31.40 30.50 22.90 4.20
Pretax Income 361.30 492.30 347.60 294.50
Other Income 50.00 62.00 20.70 19.30
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 265.70 307.20 153.60 236.70

Balance Sheet (Millions)

Assets 11/30/2009 11/30/2008 11/30/2007 11/30/2006
Cash & Short Term Investments 965.40 629.80 591.60 721.60
Receivables - Total 510.70 415.10 756.10 580.60
Inventories - Total 22.40 270.60 31.70 40.20
Total Current Assets 1,743.00 1,331.80 1,435.10 1,403.60
Net Property, Plant & Equipment 821.80 907.60 787.80 645.60
Total Assets 2,833.10 2,471.10 2,421.50 2,209.20
Liabilities        
Accounts Payable 722.00 702.00 972.20 842.80
Debt in Current Liabilities 21.90 72.70 3.20 2.40
Total Current Liabilities 1,221.20 1,114.20 1,082.00 919.50
Long-Term Debt 418.00 466.30 506.30 507.10
Total Liabilities 1,765.10 1,669.70 1,692.80 1,509.50
Stockholder's Equity        
Minority Interest 31.20 NA 18.10 18.70
Preferred Stock NA NA NA NA
Common Stock NA 389.90 389.90 389.00
Retained Earnings 358.20 158.60 -79.50 -154.30
Treasury Stock NA NA -111.20 -17.50
Total Stockholders' Equity 1,068.00 801.40 728.70 699.70
Total Liabilities and Stockholders' Equity 2,833.10 2,471.10 2,421.50 2,209.20

Cash Flow Summary (Millions)

Categories 11/30/2009 11/30/2008 11/30/2007 11/30/2006
Net Cash Provided by Operating Activities 546.10 493.10 249.00 38.20
Net Cash Provided by Investing Activities -100.40 -286.70 -229.80 -117.30
Net Cash Provided by Financing Activities -52.00 -186.10 -178.70 468.80

Annual Summary Data (Millions)

Year Sales Net Income EPS
11/20051,483.30139.500.54
11/20062,124.20236.701.10
11/20072,663.40153.600.74
11/20082,522.40307.201.70
11/20092,208.80265.701.29
Growth Rates10.4717.4824.32

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/108416,4858.46




Report Date : 1/10/2011

Powered By Edgar Online Copyright 2011, EDGAR Online, Inc. All rights reserved. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.