Belships Balance Sheet Health
Financial Health criteria checks 5/6
Belships has a total shareholder equity of $289.2M and total debt of $89.3M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are $878.2M and $588.9M respectively. Belships's EBIT is $83.7M making its interest coverage ratio 3.4. It has cash and short-term investments of $153.6M.
Key information
30.9%
Debt to equity ratio
US$89.26m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$153.60m |
| Equity | US$289.24m |
| Total liabilities | US$588.94m |
| Total assets | US$878.18m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BESH.F's short term assets ($190.3M) exceed its short term liabilities ($71.2M).
Long Term Liabilities: BESH.F's short term assets ($190.3M) do not cover its long term liabilities ($517.7M).
Debt to Equity History and Analysis
Debt Level: BESH.F has more cash than its total debt.
Reducing Debt: BESH.F's debt to equity ratio has reduced from 88% to 30.9% over the past 5 years.
Debt Coverage: BESH.F's debt is well covered by operating cash flow (111%).
Interest Coverage: BESH.F's interest payments on its debt are well covered by EBIT (3.4x coverage).