ADS Maritime Holding Balance Sheet Health
Financial Health criteria checks 4/6
ADS Maritime Holding has a total shareholder equity of $21.3M and total debt of $5.4M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are $27.4M and $6.1M respectively.
Key information
25.4%
Debt to equity ratio
US$5.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.42m |
| Equity | US$21.29m |
| Total liabilities | US$6.09m |
| Total assets | US$27.38m |
Recent financial health updates
No updates
Recent updates
ADS Maritime Holding's (OB:ADS) Earnings Are Built On Soft Foundations
Nov 21
The Trend Of High Returns At ADS Maritime Holding (OB:ADS) Has Us Very Interested
Apr 29What Are The Total Returns Earned By Shareholders Of ADS Maritime Holding (OB:ADS) On Their Investment?
Mar 07Shareholders Will Be Pleased With The Quality of ADS Maritime Holding's (OB:ADS) Earnings
Mar 07Financial Position Analysis
Short Term Liabilities: ADS's short term assets ($9.2M) exceed its short term liabilities ($452.0K).
Long Term Liabilities: ADS's short term assets ($9.2M) exceed its long term liabilities ($5.6M).
Debt to Equity History and Analysis
Debt Level: ADS has more cash than its total debt.
Reducing Debt: ADS's debt to equity ratio has reduced from 64.3% to 25.4% over the past 5 years.
Debt Coverage: ADS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ADS's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ADS Maritime Holding Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eirik Haavaldsen | Pareto Securities |