Exmar Balance Sheet Health
Financial Health criteria checks 5/6
Exmar has a total shareholder equity of $760.9M and total debt of $173.5M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are $1.1B and $376.2M respectively. Exmar's EBIT is $19.4M making its interest coverage ratio 2.6. It has cash and short-term investments of $443.3M.
Key information
22.8%
Debt to equity ratio
US$173.52m
Debt
Interest coverage ratio | 2.6x |
Cash | US$443.29m |
Equity | US$760.93m |
Total liabilities | US$376.24m |
Total assets | US$1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXMB's short term assets ($566.4M) exceed its short term liabilities ($122.1M).
Long Term Liabilities: EXMB's short term assets ($566.4M) exceed its long term liabilities ($254.1M).
Debt to Equity History and Analysis
Debt Level: EXMB has more cash than its total debt.
Reducing Debt: EXMB's debt to equity ratio has reduced from 75% to 22.8% over the past 5 years.
Debt Coverage: EXMB's debt is well covered by operating cash flow (25%).
Interest Coverage: EXMB's interest payments on its debt are not well covered by EBIT (2.6x coverage).