Himalaya Shipping Balance Sheet Health
Financial Health criteria checks 1/6
Himalaya Shipping has a total shareholder equity of $161.7M and total debt of $689.2M, which brings its debt-to-equity ratio to 426.2%. Its total assets and total liabilities are $863.9M and $702.2M respectively. Himalaya Shipping's EBIT is $68.2M making its interest coverage ratio 1.4. It has cash and short-term investments of $32.4M.
Key information
426.22%
Debt to equity ratio
US$689.20m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$32.40m |
| Equity | US$161.70m |
| Total liabilities | US$702.20m |
| Total assets | US$863.90m |
Recent financial health updates
Recent updates
Himalaya Shipping Ltd. Just Missed EPS By 5.5%: Here's What Analysts Think Will Happen Next
Feb 13
Some Investors May Be Willing To Look Past Himalaya Shipping's (OB:HSHP) Soft Earnings
Nov 14If EPS Growth Is Important To You, Himalaya Shipping (OB:HSHP) Presents An Opportunity
Apr 26Himalaya Shipping's (OB:HSHP) Earnings Are Of Questionable Quality
Feb 28Is Now An Opportune Moment To Examine Himalaya Shipping Ltd. (OB:HSHP)?
Feb 20Himalaya Shipping Ltd. (OB:HSHP) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
Dec 12Himalaya Shipping (OB:HSHP) Might Have The Makings Of A Multi-Bagger
Oct 18Himalaya Shipping's (OB:HSHP) Performance Raises Some Questions
Aug 25Himalaya Shipping Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
May 26We Don’t Think Himalaya Shipping's (OB:HSHP) Earnings Should Make Shareholders Too Comfortable
Feb 22Upgrade: Analysts Just Made A Substantial Increase To Their Himalaya Shipping Ltd. (OB:HSHP) Forecasts
Feb 20Himalaya Shipping Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Feb 18Calculating The Intrinsic Value Of Himalaya Shipping Ltd. (OB:HSHP)
Nov 22Financial Position Analysis
Short Term Liabilities: HSHP's short term assets ($39.7M) exceed its short term liabilities ($36.6M).
Long Term Liabilities: HSHP's short term assets ($39.7M) do not cover its long term liabilities ($665.6M).
Debt to Equity History and Analysis
Debt Level: HSHP's net debt to equity ratio (406.2%) is considered high.
Reducing Debt: Insufficient data to determine if HSHP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HSHP's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: HSHP's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/15 16:22 |
| End of Day Share Price | 2026/02/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Himalaya Shipping Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| null null | ABG Sundal Collier |
| Kyrre Flesja | DNB Carnegie |
| Jostein Aschjem | DNB Carnegie |