Oceanpal Financial Statements From 2010 to 2025

OP Stock  USD 0.97  0.06  6.59%   
Oceanpal financial statements provide useful quarterly and yearly information to potential Oceanpal investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Oceanpal financial statements helps investors assess Oceanpal's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Oceanpal's valuation are summarized below:
Gross Profit
11.3 M
Profit Margin
(0.37)
Market Capitalization
6.8 M
Enterprise Value Revenue
0.0988
Revenue
25.7 M
There are currently one hundred twenty trending fundamental ratios for Oceanpal that can be evaluated and compared over time across competitors. Investors and active traders are advised to check out Oceanpal's recent fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction.

Oceanpal Total Revenue

13.45 Million

Check Oceanpal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oceanpal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 M, Interest Expense of 1.1 M or Selling General Administrative of 7.9 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.24 or PTB Ratio of 0.0873. Oceanpal financial statements analysis is a perfect complement when working with Oceanpal Valuation or Volatility modules.
  
Check out the analysis of Oceanpal Correlation against competitors.
To learn how to invest in Oceanpal Stock, please use our How to Invest in Oceanpal guide.

Oceanpal Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets65.1 M109.1 M49.6 M
Slightly volatile
Other Current Liabilities1.4 M2.2 MM
Slightly volatile
Total Current Liabilities1.9 M2.6 M1.4 M
Slightly volatile
Total Stockholder Equity63.2 M106.4 M48.2 M
Slightly volatile
Net Tangible Assets38.6 M40.6 M35.6 M
Slightly volatile
Property Plant And Equipment Net52.4 M81.8 M37.6 M
Slightly volatile
Current Deferred Revenue318.1 K458.9 K222.8 K
Slightly volatile
Accounts Payable277.9 K465.8 K227 K
Slightly volatile
Cash17.9 M17.1 M3.8 M
Slightly volatile
Non Current Assets Total53.7 M86 M38.3 M
Slightly volatile
Non Currrent Assets Other2.5 M2.4 M565.1 K
Slightly volatile
Other Assets0.860.950.7 K
Pretty Stable
Cash And Short Term Investments17.9 M17.1 M3.8 M
Slightly volatile
Net Receivables2.1 M3.4 M1.1 M
Slightly volatile
Common Stock Shares Outstanding4.1 M3.9 M751.5 K
Slightly volatile
Liabilities And Stockholders Equity65.1 M109.1 M49.6 M
Slightly volatile
Inventory254.7 K330.1 K203.8 K
Slightly volatile
Other Current Assets1.4 M1.8 M1.9 M
Slightly volatile
Total Liabilities1.9 M2.6 M1.4 M
Slightly volatile
Deferred Long Term Liabilities847.4 K807 K285.7 K
Slightly volatile
Net Invested Capital63.2 M106.4 M48.2 M
Slightly volatile
Property Plant And Equipment Gross61.3 M95.6 M48.9 M
Slightly volatile
Total Current Assets24.2 M23.1 M12.1 M
Slightly volatile
Capital Stock67.5 K71.1 K96.6 M
Slightly volatile
Net Working Capital21.4 M20.4 M10.6 M
Slightly volatile
Common Stock63.3 K66.6 K96.6 M
Slightly volatile
Property Plant Equipment31.7 M37.1 M28.3 M
Slightly volatile
Short Term Debt88 K99 K107.9 K
Slightly volatile

Oceanpal Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.4 M7.7 M5.4 M
Pretty Stable
Selling General Administrative7.9 M7.5 M2.2 M
Slightly volatile
Total Revenue13.5 M21.8 M13 M
Slightly volatile
Other Operating Expenses15.8 M30.7 M13.7 M
Slightly volatile
Cost Of RevenueM15.4 M8.1 M
Slightly volatile
Total Operating Expenses16 M15.2 M6.2 M
Slightly volatile
Selling And Marketing Expenses937.8 K1.4 M653.7 K
Slightly volatile

Oceanpal Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow10.2 M9.7 M1.9 M
Slightly volatile
Depreciation9.3 M8.8 M3.6 M
Slightly volatile
Dividends Paid2.4 M2.4 M1.8 M
Slightly volatile
Capital Expenditures2.7 MM2.1 M
Slightly volatile
End Period Cash Flow17.9 M17.1 M3.8 M
Slightly volatile
Stock Based Compensation1.4 M2.2 M800.5 K
Slightly volatile
Issuance Of Capital Stock12.5 M13.6 M15.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.430.4534.7996
Pretty Stable
Dividend Yield0.240.250.1076
Slightly volatile
PTB Ratio0.08730.09199.3208
Slightly volatile
Days Sales Outstanding68.6151.3439.438
Slightly volatile
Book Value Per Share30.532.1649
Slightly volatile
Stock Based Compensation To Revenue0.05180.08990.0393
Slightly volatile
Capex To Depreciation0.480.510.6411
Slightly volatile
PB Ratio0.08730.09199.3208
Slightly volatile
Inventory Turnover38.4853.7740.4631
Pretty Stable
Days Of Inventory On Hand6.677.0318.3027
Pretty Stable
Payables Turnover40.1938.138.5183
Pretty Stable
Sales General And Administrative To Revenue0.220.310.1562
Slightly volatile
Average Inventory143.7 K165.6 K174.4 K
Slightly volatile
Capex To Revenue0.140.210.1627
Pretty Stable
Cash Per Share3.834.036.6198
Slightly volatile
Days Payables Outstanding9.429.9123.3087
Pretty Stable
Current Ratio4.867.898.4229
Slightly volatile
Tangible Book Value Per Share30.532.1649
Slightly volatile
Receivables Turnover13.517.3627.6077
Slightly volatile
Shareholders Equity Per Share30.532.1649
Slightly volatile
Capex Per Share1.441.5225.3658
Slightly volatile
Average Receivables766.4 K862.2 K940.1 K
Slightly volatile
Revenue Per Share6.256.58199
Slightly volatile
Interest Debt Per Share0.220.250.2693
Slightly volatile
Graham Number531314553
Slightly volatile
Operating Cycle10158.3759.3377
Slightly volatile
Price Book Value Ratio0.08730.09199.3208
Slightly volatile
Days Of Payables Outstanding9.429.9123.3087
Pretty Stable
Ebt Per Ebit0.210.230.2515
Slightly volatile
Effective Tax Rate14.1813.55.5933
Slightly volatile
Company Equity Multiplier1.131.181.0458
Slightly volatile
Quick Ratio4.747.788.2705
Slightly volatile
Cash Ratio6.145.841.4842
Slightly volatile
Cash Conversion Cycle57.5748.4633.914
Slightly volatile
Days Of Inventory Outstanding6.677.0318.3027
Pretty Stable
Days Of Sales Outstanding68.6151.3439.438
Slightly volatile
Price To Book Ratio0.08730.09199.3208
Slightly volatile
Fixed Asset Turnover0.30.310.3972
Slightly volatile
Price Sales Ratio0.430.4534.7996
Pretty Stable
Asset Turnover0.230.19990.2893
Slightly volatile
Price Fair Value0.08730.09199.3208
Slightly volatile

Oceanpal Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.9 M6.7 M7.3 M
Slightly volatile

Oceanpal Fundamental Market Drivers

Cash And Short Term Investments14.8 M

Oceanpal Upcoming Events

4th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Oceanpal Financial Statements

Oceanpal shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Oceanpal investors may analyze each financial statement separately, they are all interrelated. The changes in Oceanpal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Oceanpal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue458.9 K318.1 K
Total Revenue21.8 M13.5 M
Cost Of Revenue15.4 MM
Stock Based Compensation To Revenue 0.09  0.05 
Sales General And Administrative To Revenue 0.31  0.22 
Capex To Revenue 0.21  0.14 
Revenue Per Share 6.58  6.25 
Ebit Per Revenue(0.47)(0.45)

Pair Trading with Oceanpal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceanpal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceanpal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Oceanpal Stock

  0.71EDRY EuroDryPairCorr

Moving against Oceanpal Stock

  0.46SB-PC Safe BulkersPairCorr
  0.35SB-PD Safe BulkersPairCorr
The ability to find closely correlated positions to Oceanpal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceanpal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceanpal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceanpal to buy it.
The correlation of Oceanpal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceanpal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceanpal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceanpal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Oceanpal Stock Analysis

When running Oceanpal's price analysis, check to measure Oceanpal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceanpal is operating at the current time. Most of Oceanpal's value examination focuses on studying past and present price action to predict the probability of Oceanpal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceanpal's price. Additionally, you may evaluate how the addition of Oceanpal to your portfolios can decrease your overall portfolio volatility.