Solstad Maritime ASA

Solstad Maritime ASA

2.98
USD
+0.08
(+2.59%)
0.28EPS
Nov 04Next Earn

Important Dates

SOLSTAD MARITIME ASA's next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, SOLSTAD MARITIME ASA has 465.36M shares outstanding.

Shares Outstanding465.36M

Financial Position

As of June 30, 2026, SOLSTAD MARITIME ASA maintains a current ratio of 1.70, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 69.84, indicating elevated leverage, while an interest coverage ratio of 6.09 demonstrates adequate ability to service its debt obligations.

Current Ratio1.70
Quick Ratio0.69
Debt / Equity69.84
Debt / EBITDA3.49
Interest Coverage6.09

Financial Efficiency

USD

These figures cover the twelve months ended June 30, 2026. The company generates approximately 132,061.63 in revenue per employee across its workforce of 1,363.00, a quick read on workforce productivity versus industry peers.

Revenue Per Employee132,061.63
Employee Count1,363.00

Taxes

USD

Over the twelve months ended June 30, 2026, SOLSTAD MARITIME ASA recorded an income tax benefit of -4.83M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. Taxes are levied on pretax income of 124.37M, leaving 129.20M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax-4.83M

Stock Price Statistics

As of the close on October 5, 2026, SOLSTAD MARITIME ASA's stock has gained approximately 29.91% over the past 52 weeks.

52-Week Price Change29.91%

Income Statement

USD

Over the twelve months ended June 30, 2026, SOLSTAD MARITIME ASA generated 180.00M in revenue and converted that into 129.20M in net income, yielding earnings per share of 0.28. EBITDA reached 190.36M, while operating income came in at 137.04M.

Revenue180.00M
Gross Profit63.84M
Operating Income137.04M
Pretax Income124.37M
Net Income129.20M
EBITDA190.36M
EBIT146.08M
Earnings Per Share (EPS)0.28

Balance Sheet

USD

As of June 30, 2026, SOLSTAD MARITIME ASA holds 154.01M in cash and equivalents against 665.12M in total debt, resulting in a net debt position of 476.78M. Total book value stands at 952.36M, with working capital of 155.27M providing operational flexibility.

Cash & Cash Equivalents154.01M
Total Debt665.12M
Net Debt476.78M
Equity (Book Value)952.36M
Book Value Per Share2.05
Working Capital155.27M

Cash Flow

USD

SOLSTAD MARITIME ASA produced 91.72M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -25.66M in capital expenditures, free cash flow totaled 66.06M - equivalent to 0.14 per share.

Operating Cash Flow91.72M
Capital Expenditures-25.66M
Free Cash Flow66.06M
FCF Per Share0.14

Margins

Over the twelve months ended June 30, 2026, SOLSTAD MARITIME ASA posted a gross margin of 35.46, reflecting its pricing power and cost economics. The operating margin of 76.13 and net profit margin of 71.78 provide insight into operational efficiency.

Gross Margin35.46
Operating Margin76.13
Pretax Margin69.10
Profit Margin71.78
EBITDA Margin105.76

Dividends & Yields

USD

Over the twelve months ended June 30, 2026, SOLSTAD MARITIME ASA paid dividends of 0.12 per share. The dividend payout ratio of 42.42 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Dividend Per Share0.12
Payout Ratio42.42