ADS Maritime Holding Balance Sheet Health
Financial Health criteria checks 3/6
ADS Maritime Holding has a total shareholder equity of $20.1M and total debt of $11.1M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are $32.0M and $11.9M respectively.
Key information
55.3%
Debt to equity ratio
US$11.12m
Debt
Interest coverage ratio | n/a |
Cash | US$11.60m |
Equity | US$20.10m |
Total liabilities | US$11.90m |
Total assets | US$32.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADS's short term assets ($12.6M) exceed its short term liabilities ($493.0K).
Long Term Liabilities: ADS's short term assets ($12.6M) exceed its long term liabilities ($11.4M).
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 increased from 53.1% to 55.3% 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.