Himalaya Shipping Ltd (HSHP)
6.95
+0.04
(+0.58%)
USD |
NYSE |
Nov 22, 13:03
Himalaya Shipping Debt to Equity Ratio: 4.494 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 4.494 |
| June 30, 2024 | 4.614 |
| March 31, 2024 | 3.761 |
| Date | Value |
|---|---|
| December 31, 2023 | 2.850 |
| September 30, 2023 | 3.182 |
| June 30, 2023 | 2.276 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.276
Minimum
Jun 2023
4.614
Maximum
Jun 2024
3.530
Average
3.472
Median
Debt to Equity Ratio Benchmarks
| SFL Corp Ltd | 2.281 |
| Golden Ocean Group Ltd | 0.6918 |
| Jardine Matheson Holdings Ltd | 0.5914 |
| Ardmore Shipping Corp | 0.0339 |
| Stolt-Nielsen Ltd | 0.8765 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 890.32M |
| Total Liabilities (Quarterly) | 730.16M |
| Shareholders Equity (Quarterly) | 160.16M |
| Current Ratio | 0.8663 |
| Net Debt Paydown Yield | -21.77% |