Steamships Trading Balance Sheet Health
Financial Health criteria checks 5/6
Steamships Trading has a total shareholder equity of PGK1.1B and total debt of PGK361.7M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are PGK1.7B and PGK599.6M respectively. Steamships Trading's EBIT is PGK68.4M making its interest coverage ratio 19.5. It has cash and short-term investments of PGK31.1M.
Key information
33.6%
Debt to equity ratio
K361.66m
Debt
| Interest coverage ratio | 19.5x |
| Cash | K31.08m |
| Equity | K1.08b |
| Total liabilities | K599.58m |
| Total assets | K1.68b |
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 (PGK274.4M) exceed its short term liabilities (PGK173.0M).
Long Term Liabilities: SST's short term assets (PGK274.4M) do not cover its long term liabilities (PGK426.6M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: SST's debt to equity ratio has reduced from 39.8% to 33.6% over the past 5 years.
Debt Coverage: SST's debt is well covered by operating cash flow (28.4%).
Interest Coverage: SST's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:17 |
| End of Day Share Price | 2024/12/09 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
Analysis Model and Snowflake
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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 .
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.
| Analyst | Institution |
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