Seacoast Shipping Services Balance Sheet Health
Financial Health criteria checks 4/6
Seacoast Shipping Services has a total shareholder equity of ₹1.2B and total debt of ₹252.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹2.0B and ₹731.6M respectively. Seacoast Shipping Services's EBIT is ₹246.2M making its interest coverage ratio 11.9. It has cash and short-term investments of ₹140.0K.
Key information
20.5%
Debt to equity ratio
₹252.34m
Debt
Interest coverage ratio | 11.9x |
Cash | ₹140.00k |
Equity | ₹1.23b |
Total liabilities | ₹731.57m |
Total assets | ₹1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542753's short term assets (₹2.0B) exceed its short term liabilities (₹625.6M).
Long Term Liabilities: 542753's short term assets (₹2.0B) exceed its long term liabilities (₹106.0M).
Debt to Equity History and Analysis
Debt Level: 542753's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 542753's debt to equity ratio has increased from 9.5% to 20.5% over the past 5 years.
Debt Coverage: 542753's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542753's interest payments on its debt are well covered by EBIT (11.9x coverage).