StealthGas Balance Sheet Health
Financial Health criteria checks 5/6
StealthGas has a total shareholder equity of $596.3M and total debt of $107.6M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $727.8M and $131.4M respectively. StealthGas's EBIT is $54.8M making its interest coverage ratio 8.2. It has cash and short-term investments of $71.4M.
Key information
18.0%
Debt to equity ratio
US$107.63m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$71.38m |
| Equity | US$596.30m |
| Total liabilities | US$131.45m |
| Total assets | US$727.75m |
Recent financial health updates
We Think StealthGas (NASDAQ:GASS) Can Stay On Top Of Its Debt
Aug 06
We Think StealthGas (NASDAQ:GASS) Can Stay On Top Of Its Debt
Jul 29Does StealthGas (NASDAQ:GASS) Have A Healthy Balance Sheet?
Feb 24StealthGas (NASDAQ:GASS) Use Of Debt Could Be Considered Risky
Aug 01StealthGas (NASDAQ:GASS) Seems To Be Using A Lot Of Debt
Mar 03Is StealthGas (NASDAQ:GASS) A Risky Investment?
Nov 13Recent updates
StealthGas: Excellent Financials And Supporting Tailwinds
Sep 17StealthGas Inc.'s (NASDAQ:GASS) Business And Shares Still Trailing The Market
Sep 10StealthGas: 35% Selloff Prior To Q2 Earnings Makes Them A Compelling Buy
Aug 10We Think StealthGas (NASDAQ:GASS) Can Stay On Top Of Its Debt
Aug 06StealthGas Inc. (NASDAQ:GASS) Stock Catapults 25% Though Its Price And Business Still Lag The Market
May 21StealthGas: High Risk/Reward Bet On Small LPG Carriers
Apr 04We Ran A Stock Scan For Earnings Growth And StealthGas (NASDAQ:GASS) Passed With Ease
Feb 23StealthGas: An Obscure Shipping Stock With Healthy Financials Trading At 0.5 PB
Feb 06Some Shareholders Feeling Restless Over StealthGas Inc.'s (NASDAQ:GASS) P/S Ratio
Jan 27We Think StealthGas (NASDAQ:GASS) Can Stay On Top Of Its Debt
Jul 29Does StealthGas (NASDAQ:GASS) Have A Healthy Balance Sheet?
Feb 24Earnings Beat: StealthGas Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 24StealthGas: Poised To Make Strong Gains Only If Market Conditions Cooperate
Sep 27StealthGas Q2 2022 Earnings Preview
Aug 23StealthGas (NASDAQ:GASS) Use Of Debt Could Be Considered Risky
Aug 01Estimating The Intrinsic Value Of StealthGas Inc. (NASDAQ:GASS)
Jul 06StealthGas: Bullish Momentum But Elevated Risk Remains
Jun 15Dame Mas GASSolina
Mar 07StealthGas (NASDAQ:GASS) Seems To Be Using A Lot Of Debt
Mar 03Is StealthGas (NASDAQ:GASS) A Risky Investment?
Nov 13The Return Trends At StealthGas (NASDAQ:GASS) Look Promising
Aug 26StealthGas: Significantly Undervalued LPG Shipping Firm
Jul 06StealthGas EPS beats by $0.05
May 26Here's Why We Think StealthGas (NASDAQ:GASS) Is Well Worth Watching
May 18StealthGas (NASDAQ:GASS) Might Have The Makings Of A Multi-Bagger
Apr 06Investors Aren't Buying StealthGas Inc.'s (NASDAQ:GASS) Earnings
Mar 19Is StealthGas (NASDAQ:GASS) A Risky Investment?
Mar 02StealthGas' (NASDAQ:GASS) Stock Price Has Reduced 35% In The Past Three Years
Feb 09What You Need To Know About StealthGas Inc.'s (NASDAQ:GASS) Investor Composition
Jan 19
StealthGas: We Continue To See Limited Downside
Jan 03Are StealthGas's (NASDAQ:GASS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 29Will StealthGas' (NASDAQ:GASS) Growth In ROCE Persist?
Dec 03StealthGas EPS misses by $0.01
Nov 25Financial Position Analysis
Short Term Liabilities: GASS's short term assets ($80.5M) exceed its short term liabilities ($32.2M).
Long Term Liabilities: GASS's short term assets ($80.5M) do not cover its long term liabilities ($99.2M).
Debt to Equity History and Analysis
Debt Level: GASS's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: GASS's debt to equity ratio has reduced from 70.4% to 18% over the past 5 years.
Debt Coverage: GASS's debt is well covered by operating cash flow (91.6%).
Interest Coverage: GASS's interest payments on its debt are well covered by EBIT (8.2x coverage).