Seacon Shipping Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Seacon Shipping Group Holdings has a total shareholder equity of $189.4M and total debt of $279.6M, which brings its debt-to-equity ratio to 147.6%. Its total assets and total liabilities are $589.7M and $400.4M respectively. Seacon Shipping Group Holdings's EBIT is $40.7M making its interest coverage ratio 3. It has cash and short-term investments of $44.6M.
Key information
147.6%
Debt to equity ratio
US$279.58m
Debt
| Interest coverage ratio | 3x |
| Cash | US$44.59m |
| Equity | US$189.36m |
| Total liabilities | US$400.35m |
| Total assets | US$589.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K2N's short term assets ($126.7M) exceed its short term liabilities ($124.5M).
Long Term Liabilities: K2N's short term assets ($126.7M) do not cover its long term liabilities ($275.9M).
Debt to Equity History and Analysis
Debt Level: K2N's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: Insufficient data to determine if K2N's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: K2N's debt is well covered by operating cash flow (28.2%).
Interest Coverage: K2N's interest payments on its debt are not well covered by EBIT (3x coverage).