Himalaya Shipping (OSTO:HSHIPO) Debt-to-Asset : 0.73 (As of Dec. 2023)

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What is Himalaya Shipping Debt-to-Asset?

Himalaya Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr208.8 Mil. Himalaya Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr4,427.6 Mil. Himalaya Shipping's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was kr6,321.3 Mil. Himalaya Shipping's debt to asset for the quarter that ended in Dec. 2023 was 0.73.

Himalaya Shipping Debt-to-Asset Historical Data

The historical data trend for Himalaya Shipping's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Himalaya Shipping Debt-to-Asset Chart

Himalaya Shipping Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.38

0.73

Himalaya Shipping Quarterly Data
	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial			-	0.38	0.67	0.75	0.73

Competitive Comparison of Himalaya Shipping's Debt-to-Asset

For the Marine Shipping subindustry, Himalaya Shipping's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Himalaya Shipping's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Himalaya Shipping's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Himalaya Shipping's Debt-to-Asset falls into.

Himalaya Shipping Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Himalaya Shipping's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(208.825	+	4427.594)	/	6321.264
	=	0.73

Himalaya Shipping's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(208.825	+	4427.594)	/	6321.264
	=	0.73

Himalaya Shipping (OSTO:HSHIPO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Himalaya Shipping Debt-to-Asset Related Terms

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Himalaya Shipping (OSTO:HSHIPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Himalaya Shipping Ltd (OSTO:HSHIPO) » Definitions » Debt-to-Asset

Traded in Other Exchanges

HSHP:USA HSHP:Norway J1X:Germany

Address

19 Par-la-Ville Road, 1st Floor, Hamilton, BMU, HM 11

Website

https://www.himalaya-shipping.com

Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

Himalaya Shipping (OSTO:HSHIPO) Headlines

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