Concordia Maritime Balance Sheet Health
Financial Health criteria checks 6/6
Concordia Maritime has a total shareholder equity of SEK450.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK494.2M and SEK44.1M respectively. Concordia Maritime's EBIT is SEK36.9M making its interest coverage ratio 1. It has cash and short-term investments of SEK241.7M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | 1x |
Cash | SEK 241.70m |
Equity | SEK 450.10m |
Total liabilities | SEK 44.10m |
Total assets | SEK 494.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0H0N's short term assets (SEK278.8M) exceed its short term liabilities (SEK44.1M).
Long Term Liabilities: 0H0N has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0H0N is debt free.
Reducing Debt: 0H0N has no debt compared to 5 years ago when its debt to equity ratio was 119.8%.
Debt Coverage: 0H0N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0H0N has no debt, therefore coverage of interest payments is not a concern.