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Gram Car Carriers Balance Sheet Health
Financial Health criteria checks 2/6
Gram Car Carriers has a total shareholder equity of $294.2M and total debt of $263.8M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are $602.5M and $308.3M respectively. Gram Car Carriers's EBIT is $123.9M making its interest coverage ratio 4.7. It has cash and short-term investments of $41.8M.
Key information
89.7%
Debt to equity ratio
US$263.83m
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$41.82m |
| Equity | US$294.15m |
| Total liabilities | US$308.33m |
| Total assets | US$602.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G39's short term assets ($51.8M) do not cover its short term liabilities ($89.7M).
Long Term Liabilities: G39's short term assets ($51.8M) do not cover its long term liabilities ($218.7M).
Debt to Equity History and Analysis
Debt Level: G39's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: Insufficient data to determine if G39's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: G39's debt is well covered by operating cash flow (65.6%).
Interest Coverage: G39's interest payments on its debt are well covered by EBIT (4.7x coverage).