Navios Maritime Partners Balance Sheet Health
Financial Health criteria checks 4/6
Navios Maritime Partners has a total shareholder equity of $2.4B and total debt of $810.7M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $4.8B and $2.4B respectively. Navios Maritime Partners's EBIT is $449.4M making its interest coverage ratio 4.4. It has cash and short-term investments of $197.5M.
Key information
33.2%
Debt to equity ratio
US$810.75m
Debt
Interest coverage ratio | 4.4x |
Cash | US$197.47m |
Equity | US$2.44b |
Total liabilities | US$2.40b |
Total assets | US$4.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3PXA's short term assets ($318.2M) do not cover its short term liabilities ($492.5M).
Long Term Liabilities: 3PXA's short term assets ($318.2M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 3PXA's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 3PXA's debt to equity ratio has reduced from 60.3% to 33.2% over the past 5 years.
Debt Coverage: 3PXA's debt is well covered by operating cash flow (73.5%).
Interest Coverage: 3PXA's interest payments on its debt are well covered by EBIT (4.4x coverage).