Seanergy Maritime Holdings Corp. balance sheet

At the end of fiscal 2025, Seanergy Maritime Holdings Corp. had total assets of $607m, total liabilities of $325m and shareholders' equity of $281m. It held $48.2m in cash against $294m of debt: net debt of $246m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Seanergy Maritime Holdings Corp.: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	64	54	18	4	3	3	3	13	9	7	14	21	41	26	19	22	48
Receivables	—	1	2	2	1	0	1	3	4	3	2	1	0	1	1	0	1
Inventory	—	1	3	0	1	0	3	4	5	5	4	5	1	2	2	2	2
Total current assets	—	68	43	52	66	3	8	22	19	17	22	31	47	62	25	46	75
Goodwill	—	17	4	0	0	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	696	436	121	66	3	209	258	276	268	283	295	487	514	478	546	607
Accounts payable	—	—	—	—	—	—	6	6	9	14	16	4	6	8	5	7	13
Deferred revenue (current)	—	—	—	—	0	0	0	2	2	1	4	5	8	—	—	—	—
Total current liabilities	—	73	59	223	157	1	9	21	34	36	237	31	88	95	70	62	88
Short-term debt	—	53	46	209	135	0	1	10	19	16	—	—	68	35	32	37	55
Long-term debt	—	346	301	0	0	0	177	198	176	179	183	170	147	197	179	220	235
Total debt	0	400	346	209	135	0	178	210	196	199	186	173	219	236	214	261	294
Total liabilities	—	422	360	223	157	1	186	227	234	246	253	200	243	292	249	284	325
Shareholders' equity	227	275	77	−102	−91	3	23	31	41	21	30	96	244	222	228	262	281
Net debt (negative = net cash)	−64	346	329	204	132	−3	175	197	188	192	172	152	177	210	194	240	246
Shares outstanding	—	37m	51m	72m	84m	—	—	—	—	—	—	—	17m	18m	20m	20m	21m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Seanergy Maritime Holdings Corp.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Seanergy Maritime Holdings Corp.