GasLog Partners Balance Sheet Health
Financial Health criteria checks 3/6
GasLog Partners has a total shareholder equity of $990.7M and total debt of $805.6M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are $2.0B and $980.9M respectively. GasLog Partners's EBIT is $201.0M making its interest coverage ratio 4.3. It has cash and short-term investments of $282.6M.
Key information
81.3%
Debt to equity ratio
US$805.59m
Debt
Interest coverage ratio | 4.3x |
Cash | US$282.62m |
Equity | US$990.74m |
Total liabilities | US$980.93m |
Total assets | US$1.97b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOP.PRB's short term assets ($309.9M) do not cover its short term liabilities ($312.1M).
Long Term Liabilities: GLOP.PRB's short term assets ($309.9M) do not cover its long term liabilities ($668.8M).
Debt to Equity History and Analysis
Debt Level: GLOP.PRB's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: GLOP.PRB's debt to equity ratio has reduced from 102.7% to 81.3% over the past 5 years.
Debt Coverage: GLOP.PRB's debt is well covered by operating cash flow (35.5%).
Interest Coverage: GLOP.PRB's interest payments on its debt are well covered by EBIT (4.3x coverage).