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 Ltd. (OB:HSHP) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
Dec 12
Himalaya 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 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 14:21 |
| End of Day Share Price | 2025/01/02 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Himalaya Shipping Ltd. is covered by 6 analysts. 5 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 |
| Jørgen Lian | DNB Markets |
| Øystein Vaagen | Fearnley Securities |