United Maritime Balance Sheet Health
Financial Health criteria checks 0/6
United Maritime has a total shareholder equity of $65.9M and total debt of $64.5M, which brings its debt-to-equity ratio to 98%. Its total assets and total liabilities are $174.8M and $108.9M respectively.
Key information
98.0%
Debt to equity ratio
US$64.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.80m |
| Equity | US$65.87m |
| Total liabilities | US$108.94m |
| Total assets | US$174.81m |
Recent financial health updates
No updates
Recent updates
United Maritime Corporation's (NASDAQ:USEA) Subdued P/S Might Signal An Opportunity
Mar 13
United announces sale of two Aframax Petroleum Tankers
Oct 13United Maritime stock gains as it initiates additional $3M stock buyback plan
Sep 22United Maritime gains on $3M stock buyback plan
Sep 02United Maritime stock slides on $26M equity offering
Jul 18Seanergy Maritime jumps 7% as gets delivery of Japanese built vessel, secures additional financing
Jul 07Financial Position Analysis
Short Term Liabilities: USEA's short term assets ($19.1M) do not cover its short term liabilities ($53.1M).
Long Term Liabilities: USEA's short term assets ($19.1M) do not cover its long term liabilities ($55.8M).
Debt to Equity History and Analysis
Debt Level: USEA's net debt to equity ratio (77%) is considered high.
Reducing Debt: Insufficient data to determine if USEA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: USEA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if USEA's interest payments on its debt are well covered by EBIT.