Himalaya Shipping (HSHP) Beginning Cash Balance (2024 - 2026)
Himalaya Shipping's Beginning Cash Balance was $24.5 million in the quarter ended Jun 30, 2026, down 9.3% from $27 million a year earlier and down 24.4% from the prior quarter.
Himalaya Shipping (HSHP) Beginning Cash Balance (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Himalaya Shipping's Beginning Cash Balance was $108 million through Jun 30, 2026, up 20.3% year-over-year; for the year ended Dec 31, 2025, it was $19.4 million, down 23.9% from the prior year.
- Beginning Cash Balance shows a three-year compound annual growth rate of 19.8% (years ended Dec 2022 to Dec 2025).
- In earlier years, Beginning Cash Balance was $25.5 million in the year ended Dec 31, 2024, $263,000 in the year ended Dec 31, 2023 (-97.7%) and $11.28 million in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Beginning Cash Balance since the quarter ended Mar 31, 2025.
- Compared with a year earlier, Beginning Cash Balance was higher in four of the last six quarters, with growth averaging 12.4%.
- Per Business Quant data, HSHP's Beginning Cash Balance in the three quarters before the quarter ended Jun 30, 2026 was $32.4 million (quarter ended Mar 31, 2026), $26.4 million (quarter ended Dec 31, 2025) and $24.7 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.79 Bn | 156.31 Bn | - |
| 2 | Csx | 86.21 Bn | 82.43 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.26 Bn | 73.97 Bn | - |
| 4 | United Parcel Service | 70.36 Bn | 47.28 Bn | - |
| 5 | Norfolk Southern | 69.74 Bn | 64.38 Bn | - |
| 6 | Fedex | 67.91 Bn | 33.85 Bn | - |
| 7 | Delta Air Lines | 55.33 Bn | 37.51 Bn | - |
| 8 | Old Dominion Freight Line | 36.95 Bn | 36.21 Bn | - |
| 9 | United Airlines Holdings | 36.28 Bn | -20.09 Bn | - |
| 10 | Himalaya Shipping | 841.10 Mn | 841.50 Mn | 46.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.50 Mn |
| Mar 31, 2026 | 32.40 Mn |
| Dec 31, 2025 | 26.40 Mn |
| Sep 30, 2025 | 24.70 Mn |
| Jun 30, 2025 | 27.00 Mn |
| Mar 31, 2025 | 19.40 Mn |
| Dec 31, 2024 | 21.50 Mn |
| Sep 30, 2024 | 21.90 Mn |
| Jun 30, 2024 | 25.70 Mn |
| Mar 31, 2024 | 25.55 Mn |
Himalaya Shipping Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=HSHP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "HSHP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=HSHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();