Steamships Trading Balance Sheet Health
Financial Health criteria checks 4/6
Steamships Trading has a total shareholder equity of PGK1.1B and total debt of PGK429.1M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are PGK1.8B and PGK674.2M respectively. Steamships Trading's EBIT is PGK69.4M making its interest coverage ratio 11.3. It has cash and short-term investments of PGK15.7M.
Key information
39.5%
Debt to equity ratio
K429.08m
Debt
| Interest coverage ratio | 11.3x |
| Cash | K15.70m |
| Equity | K1.08b |
| Total liabilities | K674.17m |
| Total assets | K1.76b |
Recent financial health updates
Steamships Trading (ASX:SST) Has A Rock Solid Balance Sheet
Jul 01
Does Steamships Trading (ASX:SST) Have A Healthy Balance Sheet?
Mar 26Recent updates
Subdued Growth No Barrier To Steamships Trading Company Limited's (ASX:SST) Price
Apr 18Steamships Trading (ASX:SST) Has A Rock Solid Balance Sheet
Jul 01Steamships Trading's (ASX:SST) Returns On Capital Are Heading Higher
Mar 01Do Steamships Trading's (ASX:SST) Earnings Warrant Your Attention?
Dec 16Here's Why I Think Steamships Trading (ASX:SST) Is An Interesting Stock
May 12We Think That There Are Some Issues For Steamships Trading (ASX:SST) Beyond Its Promising Earnings
Apr 07Does Steamships Trading (ASX:SST) Have A Healthy Balance Sheet?
Mar 26Can Steamships Trading (ASX:SST) Turn Things Around?
Feb 19
What Type Of Returns Would Steamships Trading's(ASX:SST) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 15Is Steamships Trading Company Limited's (ASX:SST) Recent Performancer Underpinned By Weak Financials?
Dec 07Financial Position Analysis
Short Term Liabilities: SST's short term assets (PGK229.4M) exceed its short term liabilities (PGK200.0M).
Long Term Liabilities: SST's short term assets (PGK229.4M) do not cover its long term liabilities (PGK474.2M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: SST's debt to equity ratio has increased from 35.4% to 39.5% over the past 5 years.
Debt Coverage: SST's debt is well covered by operating cash flow (31.3%).
Interest Coverage: SST's interest payments on its debt are well covered by EBIT (11.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/23 00:19 |
| End of Day Share Price | 2025/03/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Steamships Trading Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.