Far-Eastern Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Far-Eastern Shipping has a total shareholder equity of RUB66.6B and total debt of RUB30.3B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are RUB124.5B and RUB57.9B respectively. Far-Eastern Shipping's EBIT is RUB56.3B making its interest coverage ratio 14.8. It has cash and short-term investments of RUB23.7B.
Key information
45.5%
Debt to equity ratio
₽30.27b
Debt
| Interest coverage ratio | 14.8x |
| Cash | ₽23.73b |
| Equity | ₽66.58b |
| Total liabilities | ₽57.94b |
| Total assets | ₽124.52b |
Recent financial health updates
Recent updates
Why We Like The Returns At Far-Eastern Shipping (MCX:FESH)
Feb 09
Far-Eastern Shipping (MCX:FESH) Could Become A Multi-Bagger
Nov 03Estimating The Intrinsic Value Of Far-Eastern Shipping Company PLC. (MCX:FESH)
Sep 21Investors Should Be Encouraged By Far-Eastern Shipping's (MCX:FESH) Returns On Capital
Jun 01The 22% Return On Capital At Far-Eastern Shipping (MCX:FESH) Got Our Attention
Feb 17Introducing Far-Eastern Shipping (MCX:FESH), The Stock That Soared 351% In The Last Five Years
Jan 13Is Far-Eastern Shipping (MCX:FESH) Using Too Much Debt?
Dec 06Financial Position Analysis
Short Term Liabilities: FESH's short term assets (RUB50.3B) exceed its short term liabilities (RUB23.4B).
Long Term Liabilities: FESH's short term assets (RUB50.3B) exceed its long term liabilities (RUB34.5B).
Debt to Equity History and Analysis
Debt Level: FESH's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: FESH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: FESH's debt is well covered by operating cash flow (190.8%).
Interest Coverage: FESH's interest payments on its debt are well covered by EBIT (14.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/05 20:49 |
| End of Day Share Price | 2022/07/08 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Far-Eastern Shipping Company PLC. is covered by 13 analysts. 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 |
|---|---|
| Georgy Ivanin | Alfa Bank |
| Nikita Melnikov | Aton LLC |
| Igor Kraevskiy | BCS Global Markets |