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 $801.6M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are $2.1B and $886.4M respectively. Navigator Holdings's EBIT is $148.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $118.8M.
Key information
64.8%
Debt to equity ratio
US$801.59m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$118.81m |
| Equity | US$1.24b |
| Total liabilities | US$886.44m |
| Total assets | US$2.12b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1NV's short term assets ($214.9M) do not cover its short term liabilities ($286.4M).
Long Term Liabilities: 1NV's short term assets ($214.9M) do not cover its long term liabilities ($600.0M).
Debt to Equity History and Analysis
Debt Level: 1NV's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: 1NV's debt to equity ratio has reduced from 92.9% to 64.8% over the past 5 years.
Debt Coverage: 1NV's debt is well covered by operating cash flow (28%).
Interest Coverage: 1NV's interest payments on its debt are not well covered by EBIT (2.3x coverage).