Exmar Balance Sheet Health
Financial Health criteria checks 6/6
Exmar has a total shareholder equity of $482.1M and total debt of $256.3M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are $926.9M and $444.8M respectively. Exmar's EBIT is $45.7M making its interest coverage ratio -6.5. It has cash and short-term investments of $176.9M.
Key information
53.2%
Debt to equity ratio
US$256.29m
Debt
Interest coverage ratio | -6.5x |
Cash | US$176.93m |
Equity | US$482.14m |
Total liabilities | US$444.79m |
Total assets | US$926.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1EX's short term assets ($307.5M) exceed its short term liabilities ($195.9M).
Long Term Liabilities: 1EX's short term assets ($307.5M) exceed its long term liabilities ($248.9M).
Debt to Equity History and Analysis
Debt Level: 1EX's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: 1EX's debt to equity ratio has reduced from 83.6% to 53.2% over the past 5 years.
Debt Coverage: 1EX's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 1EX earns more interest than it pays, so coverage of interest payments is not a concern.