Exmar Balance Sheet Health
Financial Health criteria checks 5/6
Exmar has a total shareholder equity of $502.1M and total debt of $230.1M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are $926.0M and $423.9M respectively. Exmar's EBIT is $63.1M making its interest coverage ratio 39.8. It has cash and short-term investments of $147.2M.
Key information
45.8%
Debt to equity ratio
US$230.06m
Debt
| Interest coverage ratio | 39.8x |
| Cash | US$147.17m |
| Equity | US$502.07m |
| Total liabilities | US$423.88m |
| Total assets | US$925.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1EX's short term assets ($304.6M) exceed its short term liabilities ($189.1M).
Long Term Liabilities: 1EX's short term assets ($304.6M) exceed its long term liabilities ($234.8M).
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 80.2% to 45.8% over the past 5 years.
Debt Coverage: 1EX's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 1EX's interest payments on its debt are well covered by EBIT (39.8x coverage).