Sillo Maritime Perdana Balance Sheet Health
Financial Health criteria checks 4/6
Sillo Maritime Perdana has a total shareholder equity of $195.5M and total debt of $219.0M, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are $432.2M and $236.7M respectively. Sillo Maritime Perdana's EBIT is $45.6M making its interest coverage ratio 3.3. It has cash and short-term investments of $26.1M.
Key information
112.0%
Debt to equity ratio
US$218.99m
Debt
Interest coverage ratio | 3.3x |
Cash | US$26.13m |
Equity | US$195.47m |
Total liabilities | US$236.71m |
Total assets | US$432.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHIP's short term assets ($66.2M) exceed its short term liabilities ($57.9M).
Long Term Liabilities: SHIP's short term assets ($66.2M) do not cover its long term liabilities ($178.8M).
Debt to Equity History and Analysis
Debt Level: SHIP's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: SHIP's debt to equity ratio has reduced from 128% to 112% over the past 5 years.
Debt Coverage: SHIP's debt is well covered by operating cash flow (24.7%).
Interest Coverage: SHIP's interest payments on its debt are well covered by EBIT (3.3x coverage).