Seanergy Maritime Holdings (SHIP) Balance Sheet: Assets & Liabilities

Seanergy Maritime Holdings (SHIP) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Seanergy Maritime Holdings reported total assets of $606.58M and total liabilities of $325.20M. Shareholders' equity was $281.38M, up 7.3% from $262.18M a year earlier. Total debt stood at $290.16M against $48.29M in cash and short-term investments, a net debt position of $241.87M. That puts debt-to-equity at 1.03, compared with 0.98 a year earlier.

Seanergy Maritime Holdings Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Seanergy Maritime Holdings Corp. (SHIP) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	48.24	21.87	19.38	26.03	41.50	21.01	14.55	6.68	8.89
Short-Term Investments	0.00	0.00	0.00	0.00	1.50	1.60	0.00	0.00	0.00
Cash & Short-Term Investments	48.29	21.87	19.38	26.03	43.00	22.61	14.55	6.68	8.89
Accounts Receivable	0.87	0.40	0.90	0.72	0.00	0.80	1.76	2.65	3.63
Inventory	1.63	1.69	1.56	2.00	1.45	4.65	3.86	5.29	4.80
Other Current Assets	15.04	3.09	2.94	1.08	2.73	2.49	-5.63	2.26	2.19
Total Current Assets	74.89	45.90	25.09	61.64	47.18	30.55	14.55	16.88	19.50
Non-Current Assets
Property, Plant & Equipment (Net)	507.03	488.74	440.87	435.04	427.12	256.74	253.78	243.21	254.73
Long-Term Investments	0.83	0.00	5.50	4.80	0.00	0.00	0.00	0.50	0.60
Intangible Assets	0.07	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	23.76	5.03	11.93	4.83	12.92	7.96	14.22	6.97	0.88
Total Non-Current Assets	531.69	499.96	452.79	451.96	440.04	264.70	268.00	250.68	256.21
Total Assets	606.58	545.85	477.88	513.60	487.21	295.25	282.55	267.88	275.71
Current Liabilities
Accounts Payable	13.12	7.11	5.49	7.83	5.76	3.71	16.11	14.43	8.78
Short-Term Debt	54.94	37.40	31.78	58.87	69.24	19.56	185.76	16.31	19.22
Current Portion of Long-Term Debt	54.94	37.40	31.78	58.87	69.24	-	-	-	-
Accrued Liabilities	12.22	9.63	7.74	8.37	5.17	-	-	-	-
Deferred Revenue	4.93	2.09	2.14	14.92	7.74	4.51	4.30	0.89	1.74
Other Current Liabilities	2.75	5.30	0.49	4.55	5.17	2.99	31.12	4.63	4.73
Total Current Liabilities	88.06	61.62	69.52	94.65	88.03	30.76	237.28	36.26	34.46
Non-Current Liabilities
Long-Term Debt	235.22	220.19	179.01	196.83	153.51	165.57	12.34	210.00	199.93
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	-0.54	0.00	-3.07	0.00	0.00
Other Non-Current Liabilities	1.80	1.61	0.61	0.00	0.67	0.45	3.07	0.00	0.00
Total Non-Current Liabilities	237.13	222.05	179.92	197.25	154.70	168.79	15.41	210.00	199.93
Total Liabilities	325.20	283.67	249.43	291.90	242.74	199.55	252.69	246.58	234.39
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Retained Earnings	-319.46	-333.77	-361.69	-361.99	-353.25	-394.60	-376.24	-364.54	-341.70
Additional Paid-in Capital	600.85	595.95	590.13	583.69	597.72	490.28	406.10	385.85	383.01
Shares Outstanding	21.11	20.37	19.64	18.19	17.30	-	-	-	-
Total Stockholders' Equity	281.38	262.18	228.45	221.70	244.48	95.69	29.86	21.30	41.31
Total Liabilities & Equity	606.58	545.85	477.88	513.60	487.21	295.25	282.55	267.88	275.71

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Seanergy Maritime Holdings Balance Sheet

How much debt does Seanergy Maritime Holdings have?

Seanergy Maritime Holdings had total debt of $290.16M as of Dec 31, 2025, against $48.29M in cash and short-term investments. Its debt-to-equity ratio was 1.03. Total debt was $257.59M a year earlier.

What are Seanergy Maritime Holdings's total assets?

Seanergy Maritime Holdings reported total assets of $606.58M as of Dec 31, 2025, up 11.1% from $545.85M a year earlier. Total liabilities were $325.20M.

What is Seanergy Maritime Holdings's shareholders' equity?

Seanergy Maritime Holdings's shareholders' equity was $281.38M as of Dec 31, 2025, or about $13.33 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition