Berlian Laju Tanker Balance Sheet Health
Financial Health criteria checks 5/6
Berlian Laju Tanker has a total shareholder equity of $57.6M and total debt of $26.2M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are $93.0M and $35.4M respectively. Berlian Laju Tanker's EBIT is $10.8M making its interest coverage ratio 16.5. It has cash and short-term investments of $10.4M.
Key information
45.5%
Debt to equity ratio
US$26.24m
Debt
Interest coverage ratio | 16.5x |
Cash | US$10.44m |
Equity | US$57.62m |
Total liabilities | US$35.38m |
Total assets | US$93.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLTA's short term assets ($19.9M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: BLTA's short term assets ($19.9M) do not cover its long term liabilities ($27.5M).
Debt to Equity History and Analysis
Debt Level: BLTA's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: BLTA's debt to equity ratio has reduced from 115.8% to 45.5% over the past 5 years.
Debt Coverage: BLTA's debt is well covered by operating cash flow (60.1%).
Interest Coverage: BLTA's interest payments on its debt are well covered by EBIT (16.5x coverage).