Philly Shipyard Balance Sheet Health
Financial Health criteria checks 5/6
Philly Shipyard has a total shareholder equity of $5.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $294.5M and $288.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$79.46m |
| Equity | US$5.84m |
| Total liabilities | US$288.63m |
| Total assets | US$294.47m |
Recent financial health updates
We Think Philly Shipyard (OB:PHLY) Needs To Drive Business Growth Carefully
Feb 18
We Think Philly Shipyard (OB:PHLY) Can Afford To Drive Business Growth
Oct 11Is Philly Shipyard (OB:PHLY) In A Good Position To Deliver On Growth Plans?
May 06Recent updates
Here's Why It's Unlikely That Philly Shipyard ASA's (OB:PHLY) CEO Will See A Pay Rise This Year
Apr 09Market Cool On Philly Shipyard ASA's (OB:PHLY) Revenues Pushing Shares 27% Lower
Feb 21We Think Philly Shipyard (OB:PHLY) Needs To Drive Business Growth Carefully
Feb 18A Piece Of The Puzzle Missing From Philly Shipyard ASA's (OB:PHLY) 25% Share Price Climb
Dec 18We Think Philly Shipyard (OB:PHLY) Can Afford To Drive Business Growth
Oct 11Is Philly Shipyard (OB:PHLY) In A Good Position To Deliver On Growth Plans?
May 06Shareholders Will Probably Hold Off On Increasing Philly Shipyard ASA's (OB:PHLY) CEO Compensation For The Time Being
Apr 15Philly Shipyard's (OB:PHLY) Stock Price Has Reduced 69% In The Past Five Years
Dec 26
Financial Position Analysis
Short Term Liabilities: PHLY's short term assets ($173.9M) do not cover its short term liabilities ($280.6M).
Long Term Liabilities: PHLY's short term assets ($173.9M) exceed its long term liabilities ($8.0M).
Debt to Equity History and Analysis
Debt Level: PHLY is debt free.
Reducing Debt: PHLY has no debt compared to 5 years ago when its debt to equity ratio was 53.5%.
Debt Coverage: PHLY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHLY has no debt, therefore coverage of interest payments is not a concern.