Pelayaran Tamarin Samudra Balance Sheet Health
Financial Health criteria checks 5/6
Pelayaran Tamarin Samudra has a total shareholder equity of $34.0M and total debt of $15.1M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are $56.9M and $22.9M respectively. Pelayaran Tamarin Samudra's EBIT is $8.8M making its interest coverage ratio 8.5. It has cash and short-term investments of $2.6M.
Key information
44.5%
Debt to equity ratio
US$15.14m
Debt
| Interest coverage ratio | 8.5x |
| Cash | US$2.64m |
| Equity | US$33.98m |
| Total liabilities | US$22.94m |
| Total assets | US$56.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAMU's short term assets ($16.1M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: TAMU's short term assets ($16.1M) do not cover its long term liabilities ($16.3M).
Debt to Equity History and Analysis
Debt Level: TAMU's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: TAMU's debt to equity ratio has reduced from 88.7% to 44.5% over the past 5 years.
Debt Coverage: TAMU's debt is well covered by operating cash flow (92%).
Interest Coverage: TAMU's interest payments on its debt are well covered by EBIT (8.5x coverage).