KLSE (MYR): YINSON (7293)
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Last Price
2.78
Today's Change
+0.10 (3.73%)
Day's Change
2.68 - 2.82
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13,929,500
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OTB
11,303 posts
Posted by OTB > 2024-05-12 15:07 | Report Abuse
Posted by holihom > 1 minute ago | Report Abuse
Found another website, debt 16b, assets 23.b YINSON's
Short term assets (MYR4.9B) exceed its short term liabilities (MYR4.7B).
Short term assets (MYR4.9B) do not cover its long term liabilities (MYR16.1B).
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Yes.
You are very right.
According to all analysts, the debt is not high.
All FPSO operators in the world have high debts because it is the nature of FPSO business.
One FPSO vessel costs USD 1 to 2 billion to be built.
4 FPSOs cost about USD 6-8 billion, hence the assets are still higher than liabilities.
Yinson is the best FPSO builder in the world, high quality standard and always build FPSO ahead of schedule.
FPSOs MQ and Atlanta are 6 months ahead of schedule.
Thank you.