Pelayaran Tamarin Samudra Balance Sheet Health
Financial Health criteria checks 4/6
Pelayaran Tamarin Samudra has a total shareholder equity of $26.0M and total debt of $21.3M, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are $54.7M and $28.7M respectively. Pelayaran Tamarin Samudra's EBIT is $978.7K making its interest coverage ratio 0.9. It has cash and short-term investments of $2.2M.
Key information
82.0%
Debt to equity ratio
US$21.30m
Debt
Interest coverage ratio | 0.9x |
Cash | US$2.22m |
Equity | US$25.98m |
Total liabilities | US$28.71m |
Total assets | US$54.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAMU's short term assets ($11.7M) exceed its short term liabilities ($9.2M).
Long Term Liabilities: TAMU's short term assets ($11.7M) do not cover its long term liabilities ($19.5M).
Debt to Equity History and Analysis
Debt Level: TAMU's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: TAMU's debt to equity ratio has reduced from 88.2% to 82% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TAMU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TAMU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.6% per year.