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
Does Navios Maritime Holdings (NYSE:NM) Have A Healthy Balance Sheet?
Oct 25
Is Navios Maritime Holdings (NYSE:NM) Using Too Much Debt?
Jul 20Navios Maritime Holdings (NYSE:NM) Has A Somewhat Strained Balance Sheet
Jan 17Here's Why Navios Maritime Holdings (NYSE:NM) Has A Meaningful Debt Burden
Aug 03Recent updates
Does Navios Maritime Holdings (NYSE:NM) Have A Healthy Balance Sheet?
Oct 25There's Been No Shortage Of Growth Recently For Navios Maritime Holdings' (NYSE:NM) Returns On Capital
Sep 14Is Navios Maritime Holdings (NYSE:NM) Using Too Much Debt?
Jul 20Sentiment Still Eluding Navios Maritime Holdings Inc. (NYSE:NM)
Apr 19Why We Like The Returns At Navios Maritime Holdings (NYSE:NM)
Feb 24Navios Maritime Holdings (NYSE:NM) Has A Somewhat Strained Balance Sheet
Jan 17Navios Maritime Holdings (NYSE:NM) Is Experiencing Growth In Returns On Capital
Nov 09Navios Maritime announces $20M tender offer for series G, series H ADSs
Sep 14Navios Maritime GAAP EPS of $1.37, revenue of $159.2M
Sep 08Here's Why Navios Maritime Holdings (NYSE:NM) Has A Meaningful Debt Burden
Aug 03Navios Maritime to redeem $10M of senior notes due 2022
Jun 30Navios Maritime Holdings: Acquisition By Navios Maritime Partners Likely The Endgame
Sep 22Navios Holdings Buyout Could Unlock Massive Value
Jun 04Navios Maritime Holdings (NYSE:NM) Seems To Be Using A Lot Of Debt
Mar 11If You Had Bought Navios Maritime Holdings' (NYSE:NM) Shares Three Years Ago You Would Be Down 76%
Jan 12
Navios Maritime Holdings Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 24Navios Maritime reports Q3 results
Nov 23Financial Position Analysis
Short Term Liabilities: NM's short term assets ($135.4M) exceed its short term liabilities ($112.5M).
Long Term Liabilities: NM's short term assets ($135.4M) do not cover its long term liabilities ($661.8M).
Debt to Equity History and Analysis
Debt Level: NM's net debt to equity ratio (342.8%) is considered high.
Reducing Debt: NM'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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NM 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/15 03:59 |
| End of Day Share Price | 2023/12/13 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
Navios Maritime Holdings Inc. is covered by 19 analysts. 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 |
|---|---|
| Glenn Lodden | ABN AMRO Bank N.V. |
| Noah Parquette | Canaccord Genuity |
| Natasha Boyden | Cantor Fitzgerald & Co. |