StealthGas Balance Sheet Health
Financial Health criteria checks 6/6
StealthGas has a total shareholder equity of $549.7M and total debt of $123.5M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $697.2M and $147.5M respectively. StealthGas's EBIT is $41.0M making its interest coverage ratio 7.9. It has cash and short-term investments of $77.2M.
Key information
22.5%
Debt to equity ratio
US$123.54m
Debt
Interest coverage ratio | 7.9x |
Cash | US$77.20m |
Equity | US$549.66m |
Total liabilities | US$147.55m |
Total assets | US$697.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S6W's short term assets ($120.8M) exceed its short term liabilities ($38.7M).
Long Term Liabilities: S6W's short term assets ($120.8M) exceed its long term liabilities ($108.9M).
Debt to Equity History and Analysis
Debt Level: S6W's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: S6W's debt to equity ratio has reduced from 79.1% to 22.5% over the past 5 years.
Debt Coverage: S6W's debt is well covered by operating cash flow (62.7%).
Interest Coverage: S6W's interest payments on its debt are well covered by EBIT (7.9x coverage).