Stabilis Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Stabilis Solutions has a total shareholder equity of $65.4M and total debt of $9.3M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are $89.4M and $24.0M respectively. Stabilis Solutions's EBIT is $2.4M making its interest coverage ratio -30. It has cash and short-term investments of $12.5M.
Key information
14.2%
Debt to equity ratio
US$9.26m
Debt
| Interest coverage ratio | -30x |
| Cash | US$12.52m |
| Equity | US$65.36m |
| Total liabilities | US$24.00m |
| Total assets | US$89.35m |
Recent financial health updates
Would Stabilis Solutions (NASDAQ:SLNG) Be Better Off With Less Debt?
Jul 16
Is Stabilis Solutions (NASDAQ:SLNG) Using Too Much Debt?
Nov 01Stabilis Solutions (NASDAQ:SLNG) Is Making Moderate Use Of Debt
May 20Does Stabilis Solutions (NASDAQ:SLNG) Have A Healthy Balance Sheet?
Jan 19Does Stabilis Solutions (NASDAQ:SLNG) Have A Healthy Balance Sheet?
Aug 27Here's Why Stabilis Solutions (NASDAQ:SLNG) Can Afford Some Debt
May 06Recent updates
Investors Aren't Entirely Convinced By Stabilis Solutions, Inc.'s (NASDAQ:SLNG) Revenues
Sep 25Would Stabilis Solutions (NASDAQ:SLNG) Be Better Off With Less Debt?
Jul 16Many Still Looking Away From Stabilis Solutions, Inc. (NASDAQ:SLNG)
Jan 30Is Stabilis Solutions (NASDAQ:SLNG) Using Too Much Debt?
Nov 01Stabilis Solutions (NASDAQ:SLNG) Is Making Moderate Use Of Debt
May 20Does Stabilis Solutions (NASDAQ:SLNG) Have A Healthy Balance Sheet?
Jan 19Stabilis Solutions receives DOE approval to export LNG
Sep 21Does Stabilis Solutions (NASDAQ:SLNG) Have A Healthy Balance Sheet?
Aug 27Here's Why Stabilis Solutions (NASDAQ:SLNG) Can Afford Some Debt
May 06Stabilis Solutions (NASDAQ:SLNG) Is Making Moderate Use Of Debt
Jan 21Financial Position Analysis
Short Term Liabilities: SLNG's short term assets ($20.4M) exceed its short term liabilities ($16.5M).
Long Term Liabilities: SLNG's short term assets ($20.4M) exceed its long term liabilities ($7.5M).
Debt to Equity History and Analysis
Debt Level: SLNG has more cash than its total debt.
Reducing Debt: SLNG's debt to equity ratio has increased from 11.6% to 14.2% over the past 5 years.
Debt Coverage: SLNG's debt is well covered by operating cash flow (138.8%).
Interest Coverage: SLNG earns more interest than it pays, so coverage of interest payments is not a concern.