Sillo Maritime Perdana Balance Sheet Health
Financial Health criteria checks 4/6
Sillo Maritime Perdana has a total shareholder equity of $210.1M and total debt of $228.5M, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are $461.8M and $251.7M respectively. Sillo Maritime Perdana's EBIT is $44.7M making its interest coverage ratio 3.1. It has cash and short-term investments of $36.3M.
Key information
108.8%
Debt to equity ratio
US$228.51m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$36.30m |
| Equity | US$210.08m |
| Total liabilities | US$251.71m |
| Total assets | US$461.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHIP's short term assets ($72.9M) exceed its short term liabilities ($61.3M).
Long Term Liabilities: SHIP's short term assets ($72.9M) do not cover its long term liabilities ($190.4M).
Debt to Equity History and Analysis
Debt Level: SHIP's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: SHIP's debt to equity ratio has reduced from 115.9% to 108.8% over the past 5 years.
Debt Coverage: SHIP's debt is well covered by operating cash flow (35.2%).
Interest Coverage: SHIP's interest payments on its debt are well covered by EBIT (3.1x coverage).