Navigator Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Navigator Holdings has a total shareholder equity of $1.2B and total debt of $894.0M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are $2.2B and $969.6M respectively. Navigator Holdings's EBIT is $132.4M making its interest coverage ratio 2. It has cash and short-term investments of $149.6M.
Key information
72.5%
Debt to equity ratio
US$893.98m
Debt
Interest coverage ratio | 2x |
Cash | US$149.60m |
Equity | US$1.23b |
Total liabilities | US$969.61m |
Total assets | US$2.20b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1NV's short term assets ($255.4M) exceed its short term liabilities ($185.4M).
Long Term Liabilities: 1NV's short term assets ($255.4M) do not cover its long term liabilities ($784.2M).
Debt to Equity History and Analysis
Debt Level: 1NV's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: 1NV's debt to equity ratio has reduced from 88.1% to 72.5% over the past 5 years.
Debt Coverage: 1NV's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 1NV's interest payments on its debt are not well covered by EBIT (2x coverage).