Himalaya Shipping Balance Sheet Health
Financial Health criteria checks 4/6
Himalaya Shipping has a total shareholder equity of $160.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $890.3M and $730.2M respectively. Himalaya Shipping's EBIT is $62.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $21.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$21.51m |
| Equity | US$160.16m |
| Total liabilities | US$730.16m |
| Total assets | US$890.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J1X's short term assets ($29.7M) do not cover its short term liabilities ($34.3M).
Long Term Liabilities: J1X's short term assets ($29.7M) do not cover its long term liabilities ($695.8M).
Debt to Equity History and Analysis
Debt Level: J1X is debt free.
Reducing Debt: J1X had no debt 5 years ago.
Debt Coverage: J1X has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: J1X has no debt, therefore coverage of interest payments is not a concern.