Himalaya Shipping Balance Sheet Health
Financial Health criteria checks 4/6
Himalaya Shipping has a total shareholder equity of $160.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $890.3M and $730.2M respectively. Himalaya Shipping's EBIT is $62.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $21.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$21.51m |
| Equity | US$160.16m |
| Total liabilities | US$730.16m |
| Total assets | US$890.32m |
Recent financial health updates
No updates
Recent updates
With Newbuild Fleet, Himalaya Shipping Is Worth Keeping An Eye On
Dec 26Himalaya Shipping: Speculative Bet On Strong Capesize Market
Oct 11Himalaya Shipping: Potential In Ton-Mile Demand, But Overvalued And Overleveraged
Aug 20Himalaya Shipping Is Still Not Our Choice
May 29Himalaya Shipping: Newcastlemax-Only Play For Shipping Growth Investors
Mar 14Himalaya Shipping: High Risk, Potentially Higher Reward
Jan 18Himalaya Shipping Continues To Lose Money
Nov 18Himalaya Shipping Is Well Positioned To Help Clients Reach ESG Targets
Jun 29Financial Position Analysis
Short Term Liabilities: HSHP's short term assets ($29.7M) do not cover its short term liabilities ($34.3M).
Long Term Liabilities: HSHP's short term assets ($29.7M) do not cover its long term liabilities ($695.8M).
Debt to Equity History and Analysis
Debt Level: HSHP is debt free.
Reducing Debt: HSHP had no debt 5 years ago.
Debt Coverage: HSHP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HSHP has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 18:44 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Himalaya Shipping Ltd. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Jørgen Lian | DNB Markets |
| Øystein Vaagen | Fearnley Securities |