Himalaya Shipping Balance Sheet Health
Financial Health criteria checks 4/6
Himalaya Shipping has a total shareholder equity of $160.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $890.3M and $730.2M respectively. Himalaya Shipping's EBIT is $62.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $21.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$21.51m |
| Equity | US$160.16m |
| Total liabilities | US$730.16m |
| Total assets | US$890.32m |
Recent financial health updates
No updates
Recent updates
Himalaya Shipping (OB:HSHP) Might Have The Makings Of A Multi-Bagger
Oct 18
Himalaya 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 22Estimating The Fair Value Of Himalaya Shipping Ltd. (OB:HSHP)
Jun 08Financial Position Analysis
Short Term Liabilities: HSHP's short term assets ($29.7M) do not cover its short term liabilities ($34.3M).
Long Term Liabilities: HSHP's short term assets ($29.7M) do not cover its long term liabilities ($695.8M).
Debt to Equity History and Analysis
Debt Level: HSHP is debt free.
Reducing Debt: HSHP had no debt 5 years ago.
Debt Coverage: HSHP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HSHP has no debt, therefore coverage of interest payments is not a concern.