Himalaya Shipping (HSHP.OL) Financial Statements

Price: $61.6
Market Cap: $2.87B
Avg Volume: 145.76K
Country: BM
Industry: Marine Shipping
Sector: Industrials
Beta: 0.896
52W Range: $49.05-103.6
Website: Himalaya Shipping

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Himalaya Shipping.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$45.00M$45.00M$36.00M$36.00M$27.00M$27.00M$18.00M$18.00M$9.00M$9.00M$0.00$0.0020222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023Mar '23Mar '23May '23May '23Jul '23Jul '23Sep '23Sep '23Nov '23Nov '2320242024
Operating Expenses
Operating Income
Operating Expenses & Income$16.00M$16.00M$12.00M$12.00M$8.00M$8.00M$4.00M$4.00M$0.00$0.00-$4.00M-$4.00M20222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023Mar '23Mar '23May '23May '23Jul '23Jul '23Sep '23Sep '23Nov '23Nov '2320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021
Revenue $36.74M $- $-
Cost of Revenue $9.15M $- $-
Gross Profit $27.59M $- $-
Gross Profit Ratio 75.10% 0.00% 0.00%
Research and Development Expenses $- $- $-
General and Administrative Expenses $3.85M $1.97M $1.39M
Selling and Marketing Expenses $- $-9.35K $-418.15K
Selling General and Administrative Expenses $3.85M $1.96M $973.85K
Other Expenses $- $- $-
Operating Expenses $3.85M $1.96M $973.85K
Cost and Expenses $22.11M $1.96M $973.85K
Interest Income $489.00K $38.00K $-
Interest Expense $13.60M $- $-
Depreciation and Amortization $9.12M $-29.00K $1.39M
EBITDA $24.23M $-2.00M $-
EBITDA Ratio 65.97% 0.00% 0.00%
Operating Income $14.63M $-1.96M $-973.85K
Operating Income Ratio 39.81% 0.00% 0.00%
Total Other Income Expenses Net $-13.11M $- $-
Income Before Tax $1.51M $-1.96M $-973.85K
Income Before Tax Ratio 4.12% 0.00% 0.00%
Income Tax Expense $- $-228.48K $-236.56K
Net Income $1.51M $-1.96M $-973.85K
Net Income Ratio 4.12% 0.00% 0.00%
EPS $0.04 $-0.06 $-0.05
EPS Diluted $0.04 $-0.06 $-0.05
Weighted Average Shares Outstanding 38.65M 32.15M 18.32M
Weighted Average Shares Outstanding Diluted 38.64M 32.15M 18.32M
SEC Filing Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.0020222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023Mar '23Mar '23May '23May '23Jul '23Jul '23Sep '23Sep '23Nov '23Nov '2320242024
Equity$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.0020222022Mar '22Mar '22Jun '22Jun '22Aug '22Aug '22Nov '22Nov '22Feb '23Feb '23May '23May '23Aug '23Aug '23Nov '23Nov '23
Breakdown December 31, 2023 December 31, 2022 December 31, 2021
Cash and Cash Equivalents $25.55M $301.29K $11.29M
Short Term Investments $75.74K $- $-
Cash and Short Term Investments $25.55M $301.29K $11.29M
Net Receivables $811.00K $- $-
Inventory $634.00K $- $-
Other Current Assets $5.81M $123.00K $-
Total Current Assets $32.81M $1.71M $11.29M
Property Plant Equipment Net $561.26M $176.86M $83.40M
Goodwill $- $- $-
Intangible Assets $- $- $-
Goodwill and Intangible Assets $- $- $-
Long Term Investments $- $- $-
Tax Assets $- $- $-
Other Non-Current Assets $5.14M $- $399.50K
Total Non-Current Assets $566.40M $176.86M $83.79M
Other Assets $- $- $-
Total Assets $599.21M $178.57M $95.08M
Account Payables $1.69M $14.89M $800.00K
Short Term Debt $19.80M $9.74M $-
Tax Payables $- $- $-
Deferred Revenue $- $-14.89M $-
Other Current Liabilities $3.81M $1.48M $-1.01K
Total Current Liabilities $25.30M $26.11M $798.99K
Long Term Debt $419.70M $60.44M $-
Deferred Revenue Non-Current $- $- $-
Deferred Tax Liabilities Non-Current $- $- $-
Other Non-Current Liabilities $- $1.33M $2.50M
Total Non-Current Liabilities $419.70M $61.77M $2.50M
Other Liabilities $- $- $-
Total Liabilities $445.00M $87.88M $3.30M
Preferred Stock $- $- $-
Common Stock $43.90M $32.34M $32.16M
Retained Earnings $-1.48M $-3.01M $-998.74K
Accumulated Other Comprehensive Income Loss $0 $- $-
Other Total Stockholders Equity $111.33M $61.36M $60.62M
Total Stockholders Equity $153.75M $90.69M $91.78M
Total Equity $153.75M $90.69M $91.78M
Total Liabilities and Stockholders Equity $599.21M $178.57M $95.08M
Minority Interest $- $- $-
Total Liabilities and Total Equity $599.21M $178.57M $95.08M
Total Investments $75.74K $- $-
Total Debt $439.50M $71.51M $-
Net Debt $413.94M $71.21M $-11.29M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M-$400.00M-$400.00M-$500.00M-$500.00M20222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023Mar '23Mar '23May '23May '23Jul '23Jul '23Sep '23Sep '23Nov '23Nov '2320242024
Financing Cash Flow$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.0020222022Mar '22Mar '22Jun '22Jun '22Aug '22Aug '22Nov '22Nov '22Feb '23Feb '23May '23May '23Aug '23Aug '23Nov '23Nov '23
Breakdown December 31, 2023 December 31, 2022 December 31, 2021
Net Income $1.51M $-1.96M $-973.85K
Depreciation and Amortization $9.12M $- $-
Deferred Income Tax $- $- $-
Stock Based Compensation $474.00K $401.00K $40.00K
Change in Working Capital $-6.01M $196.16K $486.93K
Accounts Receivables $-841.62K $- $-
Inventory $- $- $-
Accounts Payables $503.31K $444.00K $-
Other Working Capital $-5.67M $196.16K $486.93K
Other Non Cash Items $1.38M $392.33K $538.67K
Net Cash Provided by Operating Activities $6.47M $-1.37M $-486.93K
Investments in Property Plant and Equipment $-413.06M $-76.80M $-67.00M
Acquisitions Net $- $- $-
Purchases of Investments $- $- $-
Sales Maturities of Investments $- $- $-
Other Investing Activities $- $- $-
Net Cash Used for Investing Activities $-413.06M $-76.80M $-67.00M
Debt Repayment $373.63M $70.83M $-
Common Stock Issued $62.19M $- $78.49M
Common Stock Repurchased $- $-513.00K $-
Dividends Paid $- $- $-
Other Financing Activities $-3.95M $-2.93M $107.47M
Net Cash Used Provided by Financing Activities $431.87M $67.38M $78.49M
Effect of Forex Changes on Cash $- $- $-
Net Change in Cash $25.29M $-10.98M $11.00M
Cash at End of Period $25.55M $301.29K $11.29M
Cash at Beginning of Period $263.00K $11.29M $281.29K
Operating Cash Flow $6.47M $-1.37M $-486.93K
Capital Expenditure $-413.06M $-76.80M $-67.00M
Free Cash Flow $-406.58M $-78.17M $-67.49M