Navigator Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Navigator Holdings has a total shareholder equity of $1.2B and total debt of $894.0M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are $2.2B and $969.6M respectively. Navigator Holdings's EBIT is $132.4M making its interest coverage ratio 2. It has cash and short-term investments of $149.6M.
Key information
72.5%
Debt to equity ratio
US$893.98m
Debt
| Interest coverage ratio | 2x |
| Cash | US$149.60m |
| Equity | US$1.23b |
| Total liabilities | US$969.61m |
| Total assets | US$2.20b |
Recent financial health updates
Is Navigator Holdings (NYSE:NVGS) A Risky Investment?
Sep 27
Is Navigator Holdings (NYSE:NVGS) A Risky Investment?
Apr 18Here's Why Navigator Holdings (NYSE:NVGS) Can Manage Its Debt Responsibly
Jul 30Does Navigator Holdings (NYSE:NVGS) Have A Healthy Balance Sheet?
Apr 13Is Navigator Holdings (NYSE:NVGS) Using Too Much Debt?
Dec 04These 4 Measures Indicate That Navigator Holdings (NYSE:NVGS) Is Using Debt Extensively
Aug 07Recent updates
Navigator Holdings: Bet On LPG Vessels Demand With Hidden Bonus
Jan 31Navigator Holdings Ltd. (NYSE:NVGS) Investors Are Less Pessimistic Than Expected
Jan 04Here's Why Navigator Holdings (NYSE:NVGS) Has Caught The Eye Of Investors
Dec 09Navigator Holdings Keeps Chugging Along And Providing Value
Dec 08Is Navigator Holdings (NYSE:NVGS) A Risky Investment?
Sep 27Navigator Holdings: Quality Growth At A Discount
Sep 20Navigator Holdings: Celebrating Its First Dividend Payment
Aug 17Navigator Holdings: Solid Expansion And Fleet Utilization Makes It A Buy
Jun 24A Look At The Intrinsic Value Of Navigator Holdings Ltd. (NYSE:NVGS)
May 24Is Navigator Holdings (NYSE:NVGS) A Risky Investment?
Apr 18Navigator Holdings: Key Updates On A Top Pick (Podcast Transcript)
Feb 15Navigator Holdings announces first vessel acquisition under JV
Dec 20Navigator announces secured term loan and revolving credit facility
Dec 09Analysts Just Slashed Their Navigator Holdings Ltd. (NYSE:NVGS) EPS Numbers
Nov 19Navigator Holdings GAAP EPS of $0.10 misses by $0.07, revenue of $106.8M beats by $10.45M
Nov 15Navigator launches $50M stock repurchase plan
Oct 18Navigator Holdings: Emerging Top Pick With Multiple Catalysts
Sep 27Navigator Holdings Q2 2022 Earnings Preview
Aug 17Here's Why Navigator Holdings (NYSE:NVGS) Can Manage Its Debt Responsibly
Jul 30Navigator Holdings: A Neutral Stock In A Bullish Industry
Jul 04Does Navigator Holdings (NYSE:NVGS) Have A Healthy Balance Sheet?
Apr 13Navigator Holdings: All Vessels Are A Go
Feb 01Is Navigator Holdings (NYSE:NVGS) Using Too Much Debt?
Dec 04Investors Shouldn't Be Too Comfortable With Navigator Holdings' (NYSE:NVGS) Robust Earnings
Aug 10These 4 Measures Indicate That Navigator Holdings (NYSE:NVGS) Is Using Debt Extensively
Aug 07We Think Navigator Holdings (NYSE:NVGS) Is Taking Some Risk With Its Debt
Apr 05Is Navigator Holdings Ltd.'s (NYSE:NVGS) Shareholder Ownership Skewed Towards Insiders?
Mar 15Returns On Capital At Navigator Holdings (NYSE:NVGS) Paint An Interesting Picture
Feb 15Reflecting on Navigator Holdings' (NYSE:NVGS) Share Price Returns Over The Last Year
Jan 18Navigator Holdings Is About To Set Sail
Jan 12Here's Why Navigator Holdings (NYSE:NVGS) Has A Meaningful Debt Burden
Dec 21WL Ross sells its 39.1% stake in Navigator to BW Group for $9/share
Dec 15Financial Position Analysis
Short Term Liabilities: NVGS's short term assets ($255.4M) exceed its short term liabilities ($185.4M).
Long Term Liabilities: NVGS's short term assets ($255.4M) do not cover its long term liabilities ($784.2M).
Debt to Equity History and Analysis
Debt Level: NVGS's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: NVGS's debt to equity ratio has reduced from 88.1% to 72.5% over the past 5 years.
Debt Coverage: NVGS's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: NVGS's interest payments on its debt are not well covered by EBIT (2x coverage).