Performance Debt To Equity from 2010 to 2024

PSHG Stock  USD 1.74  0.01  0.57%   
Performance Shipping's Debt To Equity is decreasing over the last several years with very volatile swings. Debt To Equity is predicted to flatten to 0.22. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.23537636
Current Value
0.22
Quarterly Volatility
0.42525603
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performance Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performance Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 5.8 M or Total Revenue of 114.4 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0754 or PTB Ratio of 0.1. Performance financial statements analysis is a perfect complement when working with Performance Shipping Valuation or Volatility modules.
  
Check out the analysis of Performance Shipping Correlation against competitors.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

Latest Performance Shipping's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Performance Shipping over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Performance Shipping's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Performance Shipping's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.52 %10 Years Trend
Very volatile
   Debt To Equity   
       Timeline  

Performance Debt To Equity Regression Statistics

Arithmetic Mean0.60
Geometric Mean0.50
Coefficient Of Variation70.44
Mean Deviation0.29
Median0.57
Standard Deviation0.43
Sample Variance0.18
Range1.6808
R-Value(0.1)
Mean Square Error0.19
R-Squared0.01
Significance0.73
Slope(0.01)
Total Sum of Squares2.53

Performance Debt To Equity History

2024 0.22
2023 0.24
2022 0.82
2021 0.57
2020 0.6
2018 0.34
2017 0.74

About Performance Shipping Financial Statements

Performance Shipping stakeholders use historical fundamental indicators, such as Performance Shipping's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Performance Shipping investors may analyze each financial statement separately, they are all interrelated. For example, changes in Performance Shipping's assets and liabilities are reflected in the revenues and expenses on Performance Shipping's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Performance Shipping. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.24  0.22 

Currently Active Assets on Macroaxis

When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:
Check out the analysis of Performance Shipping Correlation against competitors.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Shipping. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.179
Earnings Share
1.53
Revenue Per Share
7.294
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0833
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.