Scorpio Tankers Balance Sheet Health
Financial Health criteria checks 5/6
Scorpio Tankers has a total shareholder equity of $2.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are $4.2B and $1.7B respectively. Scorpio Tankers's EBIT is $703.6M making its interest coverage ratio 4.8. It has cash and short-term investments of $355.6M.
Key information
45.4%
Debt to equity ratio
US$1.16b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$355.55m |
| Equity | US$2.55b |
| Total liabilities | US$1.67b |
| Total assets | US$4.23b |
Recent financial health updates
Scorpio Tankers (NYSE:STNG) Has A Pretty Healthy Balance Sheet
Apr 09
Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?
Jan 04Is Scorpio Tankers (NYSE:STNG) Using Too Much Debt?
Oct 01These 4 Measures Indicate That Scorpio Tankers (NYSE:STNG) Is Using Debt Reasonably Well
Apr 25Scorpio Tankers (NYSE:STNG) Has A Pretty Healthy Balance Sheet
Dec 30Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?
Sep 03Recent updates
Scorpio Tankers: 2024 Is On Pace To Be Another Transformational Year
Apr 10Scorpio Tankers (NYSE:STNG) Has A Pretty Healthy Balance Sheet
Apr 09We Think You Can Look Beyond Scorpio Tankers' (NYSE:STNG) Lackluster Earnings
Feb 21Scorpio Tankers: Still My Favorite Product Tanker Stock
Feb 20Scorpio Tankers (NYSE:STNG) Is Increasing Its Dividend To $0.40
Feb 17Scorpio Tankers Inc.'s (NYSE:STNG) Intrinsic Value Is Potentially 33% Above Its Share Price
Feb 05Here's Why We Think Scorpio Tankers (NYSE:STNG) Is Well Worth Watching
Jan 23Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?
Jan 04J Mintzmyer's 2 Favorite Tankers
Dec 17Scorpio Tankers: Solid Tanker Business At The Right Price At The Right Moment
Nov 14Scorpio Tankers (NYSE:STNG) Will Pay A Larger Dividend Than Last Year At $0.35
Nov 12An Intrinsic Calculation For Scorpio Tankers Inc. (NYSE:STNG) Suggests It's 21% Undervalued
Oct 31Scorpio Tankers (NYSE:STNG) Could Become A Multi-Bagger
Oct 16J Mintzmyer Unpacks Cyclical And Fickle Shipping Sector
Oct 02Is Scorpio Tankers (NYSE:STNG) Using Too Much Debt?
Oct 01Scorpio Tankers: A Promising Turnaround Investment
Sep 06Scorpio Tankers: Good Q2 Results And Potential For Further Growth
Aug 13Scorpio Tankers Q2: A New Fleet, A Strong Strategy, A Promising Future
Aug 03Is There An Opportunity With Scorpio Tankers Inc.'s (NYSE:STNG) 25% Undervaluation?
Jul 31Unpleasant Surprises Could Be In Store For Scorpio Tankers Inc.'s (NYSE:STNG) Shares
Jun 27Why The 25% Return On Capital At Scorpio Tankers (NYSE:STNG) Should Have Your Attention
Jun 09Scorpio Tankers: Accumulate At Current Price
Jun 06These 4 Measures Indicate That Scorpio Tankers (NYSE:STNG) Is Using Debt Reasonably Well
Apr 25Investors Should Be Encouraged By Scorpio Tankers' (NYSE:STNG) Returns On Capital
Feb 23Scorpio Tankers Q4 2022 Earnings Preview
Feb 15Scorpio Tankers: Company Strategy Could Potentially Jeopardize Future Growth
Jan 21Estimating The Fair Value Of Scorpio Tankers Inc. (NYSE:STNG)
Jan 18Scorpio Tankers updates on daily TCE revenues, share buyback
Jan 11Scorpio Tankers announces stock purchases of 415K shares, credit facility
Jan 05Scorpio Tankers (NYSE:STNG) Has A Pretty Healthy Balance Sheet
Dec 30Scorpio Tankers: Now Is Not The Time To Get Greedy
Dec 08Scorpio Tankers to redeem 3.00% convertible senior notes due 2025
Nov 11Scorpio Tankers declares $0.10 dividend
Nov 01Scorpio Tankers: In Catbird's International Energy Economics Near-Gains Seat
Oct 14Scorpio Tankers announces three time charter-out deals
Oct 06Scorpio Tankers repurchases 225K shares
Sep 29Returns On Capital Are Showing Encouraging Signs At Scorpio Tankers (NYSE:STNG)
Sep 29Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?
Sep 03Scorpio Tankers: Earnings Turning Strong With A Bullish Chart
Sep 01Brokers Are Upgrading Their Views On Scorpio Tankers Inc. (NYSE:STNG) With These New Forecasts
Jul 29Financial Position Analysis
Short Term Liabilities: STNG's short term assets ($577.1M) exceed its short term liabilities ($510.4M).
Long Term Liabilities: STNG's short term assets ($577.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: STNG's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: STNG's debt to equity ratio has reduced from 81% to 45.4% over the past 5 years.
Debt Coverage: STNG's debt is well covered by operating cash flow (74.6%).
Interest Coverage: STNG's interest payments on its debt are well covered by EBIT (4.8x coverage).