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).