StealthGas Balance Sheet Health
Financial Health criteria checks 6/6
StealthGas has a total shareholder equity of $549.7M and total debt of $123.5M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $697.2M and $147.5M respectively. StealthGas's EBIT is $41.0M making its interest coverage ratio 7.9. It has cash and short-term investments of $77.2M.
Key information
22.5%
Debt to equity ratio
US$123.54m
Debt
| Interest coverage ratio | 7.9x |
| Cash | US$77.20m |
| Equity | US$549.66m |
| Total liabilities | US$147.55m |
| Total assets | US$697.21m |
Recent financial health updates
We Think StealthGas (NASDAQ:GASS) Can Stay On Top Of Its Debt
Jul 29
Does 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 13Is StealthGas (NASDAQ:GASS) A Risky Investment?
Mar 02Recent updates
StealthGas: 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 ($120.8M) exceed its short term liabilities ($38.7M).
Long Term Liabilities: GASS's short term assets ($120.8M) exceed its long term liabilities ($108.9M).
Debt to Equity History and Analysis
Debt Level: GASS's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: GASS's debt to equity ratio has reduced from 79.1% to 22.5% over the past 5 years.
Debt Coverage: GASS's debt is well covered by operating cash flow (62.7%).
Interest Coverage: GASS's interest payments on its debt are well covered by EBIT (7.9x coverage).