Seacoast Shipping Services Balance Sheet Health
Financial Health criteria checks 4/6
Seacoast Shipping Services has a total shareholder equity of ₹1.3B and total debt of ₹303.0M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are ₹3.2B and ₹2.0B respectively. Seacoast Shipping Services's EBIT is ₹371.5M making its interest coverage ratio 21.3. It has cash and short-term investments of ₹147.0K.
Key information
23.8%
Debt to equity ratio
₹302.98m
Debt
| Interest coverage ratio | 21.3x |
| Cash | ₹147.00k |
| Equity | ₹1.27b |
| Total liabilities | ₹1.97b |
| Total assets | ₹3.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542753's short term assets (₹3.2B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 542753's short term assets (₹3.2B) exceed its long term liabilities (₹156.5M).
Debt to Equity History and Analysis
Debt Level: 542753's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 542753's debt to equity ratio has increased from 8% to 23.8% 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 (21.3x coverage).