Navios Maritime Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Navios Maritime Holdings has a total shareholder equity of $174.0M and total debt of $665.2M, which brings its debt-to-equity ratio to 382.3%. Its total assets and total liabilities are $948.3M and $774.3M respectively. Navios Maritime Holdings's EBIT is $52.4M making its interest coverage ratio 0.8. It has cash and short-term investments of $68.7M.
Key information
382.3%
Debt to equity ratio
US$665.23m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$68.69m |
| Equity | US$174.03m |
| Total liabilities | US$774.25m |
| Total assets | US$948.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NM.PRG's short term assets ($135.4M) exceed its short term liabilities ($112.5M).
Long Term Liabilities: NM.PRG's short term assets ($135.4M) do not cover its long term liabilities ($661.8M).
Debt to Equity History and Analysis
Debt Level: NM.PRG's net debt to equity ratio (342.8%) is considered high.
Reducing Debt: NM.PRG's debt to equity ratio has increased from 300.6% to 382.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NM.PRG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NM.PRG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.2% per year.