Seanergy Financial Statements From 2010 to 2025

SHIP Stock  USD 7.27  0.15  2.02%   
Seanergy Maritime financial statements provide useful quarterly and yearly information to potential Seanergy Maritime Holdings 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 Seanergy Maritime financial statements helps investors assess Seanergy Maritime's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Seanergy Maritime's valuation are summarized below:
Gross Profit
117.2 M
Profit Margin
0.2596
Market Capitalization
151.2 M
Enterprise Value Revenue
2.2191
Revenue
167.5 M
There are currently one hundred twenty fundamental trend indicators for Seanergy Maritime Holdings that can be evaluated and compared over time across competition. Investors and active traders are advised to double-check Seanergy Maritime's current fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 03/19/2025, Market Cap is likely to drop to about 85.3 M. In addition to that, Enterprise Value is likely to drop to about 300.4 M

Seanergy Maritime Total Revenue

79.3 Million

Check Seanergy Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seanergy Maritime's main balance sheet or income statement drivers, such as Interest Expense of 12.7 M, Selling General Administrative of 27.4 M or Other Operating Expenses of 71.1 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0763 or PTB Ratio of 0.67. Seanergy financial statements analysis is a perfect complement when working with Seanergy Maritime Valuation or Volatility modules.
  
Check out the analysis of Seanergy Maritime Correlation against competitors.

Seanergy Maritime Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets338.7 M549.6 M286.4 M
Slightly volatile
Short and Long Term Debt Total246.6 M267.9 M208.5 M
Slightly volatile
Total Current Liabilities51.7 M79.9 M51.5 M
Very volatile
Accounts Payable5.3 M6.3 M5.8 M
Slightly volatile
Cash21.1 M22.3 M15.1 M
Slightly volatile
Non Current Assets Total313.1 M520.7 M264.1 M
Slightly volatile
Non Currrent Assets Other7.7 M7.4 M6.8 M
Slightly volatile
Other Assets22.6 M21.5 M8.2 M
Slightly volatile
Cash And Short Term Investments21.1 M22.3 M15.1 M
Slightly volatile
Common Stock Total Equity8.5 K8.1 KK
Slightly volatile
Common Stock Shares Outstanding22.3 M21.2 M6.4 M
Slightly volatile
Liabilities And Stockholders Equity338.7 M549.6 M286.4 M
Slightly volatile
Other Current Assets2.5 M2.6 M3.3 M
Slightly volatile
Other Stockholder Equity374.3 M678.6 M398.3 M
Slightly volatile
Total Liabilities240.6 M286.8 M212.3 M
Slightly volatile
Total Current Assets31.3 M22.6 M22.3 M
Pretty Stable
Short Term Debt63.9 M61.7 M58.8 M
Very volatile
Common Stock2.2 K2.3 K1.3 M
Very volatile
Non Current Liabilities Total228.5 M206.9 M191.6 M
Slightly volatile
Preferred Stock Total Equity64.7 M72.8 M79.3 M
Slightly volatile
Property Plant And Equipment Net320.9 M507 M278.3 M
Slightly volatile
Current Deferred Revenue3.4 M2.5 MM
Slightly volatile
Long Term Debt168 M161.1 M186 M
Pretty Stable
Property Plant And Equipment Gross345.5 M623.7 M289.9 M
Slightly volatile
Property Plant Equipment238.3 M416.1 M265.3 M
Slightly volatile
Other Liabilities43.7 M41.6 M14.7 M
Slightly volatile
Good Will3.7 M3.9 M5.1 M
Slightly volatile
Intangible Assets3.7 M3.9 M5.1 M
Slightly volatile
Short and Long Term Debt43.7 M28.6 M64 M
Slightly volatile
Long Term Debt Total10.3 M10.8 M107.2 M
Slightly volatile
Capital Surpluse413.9 M467 M379.5 M
Slightly volatile
Deferred Long Term Liabilities10.4 M9.9 M4.2 M
Slightly volatile
Net Invested Capital297.9 M505.1 M275.1 M
Slightly volatile
Capital Lease Obligations26.8 M25.5 M5.2 M
Slightly volatile
Non Current Liabilities Other301.8 K317.7 K17.3 M
Slightly volatile

Seanergy Maritime Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative27.4 M26.1 M10.3 M
Slightly volatile
Other Operating Expenses71.1 M102.2 M74.2 M
Very volatile
Total Operating Expenses20.8 M17.2 M26.1 M
Slightly volatile
Depreciation And Amortization16.7 M28.4 M14.4 M
Slightly volatile
Total Revenue79.3 M126.8 M73.5 M
Slightly volatile
Cost Of Revenue47.8 M80.3 M47.9 M
Slightly volatile
Minority Interest1.2 M1.4 M1.5 M
Slightly volatile
Interest Income2.4 M2.3 M1.3 M
Very volatile
Reconciled Depreciation17.3 M28.4 M14.4 M
Slightly volatile
Selling And Marketing Expenses132.8 K149.4 K162.9 K
Slightly volatile

Seanergy Maritime Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow21.4 M28.7 M15.8 M
Slightly volatile
Begin Period Cash Flow21.2 M37.3 M18.3 M
Slightly volatile
Depreciation11.6 M22.2 M13.1 M
Slightly volatile
Dividends Paid6.6 M6.9 M25 M
Pretty Stable
Stock Based Compensation11 M10.5 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.41.451.318
Pretty Stable
Dividend Yield0.07630.03890.1676
Slightly volatile
Days Sales Outstanding3.413.5911.5963
Slightly volatile
Stock Based Compensation To Revenue0.07840.07470.0269
Slightly volatile
Capex To Depreciation0.02170.022813.8487
Slightly volatile
EV To Sales5.53.685.0479
Slightly volatile
Payables Turnover12.3514.6210.7119
Very volatile
Sales General And Administrative To Revenue0.290.240.2485
Pretty Stable
Capex To Revenue0.00490.00511.3993
Pretty Stable
Cash Per Share1.151.213.2 K
Slightly volatile
Days Payables Outstanding36.325.8446.6374
Pretty Stable
Intangibles To Total Assets2.0E-42.0E-40.0028
Slightly volatile
Current Ratio0.390.412.2139
Pretty Stable
Receivables Turnover58.0510548.7453
Slightly volatile
Graham Number6.436.7743.1 K
Slightly volatile
Capex Per Share0.02910.03063.4 K
Pretty Stable
Revenue Per Share6.556.8934.2 K
Slightly volatile
Interest Debt Per Share14.9215.71190.1 K
Slightly volatile
Debt To Assets0.890.560.8417
Slightly volatile
Days Of Payables Outstanding36.325.8446.6374
Pretty Stable
Long Term Debt To Capitalization0.690.510.6855
Slightly volatile
Total Debt To Capitalization1.050.580.9917
Slightly volatile
Quick Ratio0.370.392.2769
Pretty Stable
Net Income Per E B T1.481.411.1619
Slightly volatile
Cash Ratio0.310.322.0746
Pretty Stable
Days Of Sales Outstanding3.413.5911.5963
Slightly volatile
Fixed Asset Turnover0.270.292.3389
Pretty Stable
Debt Ratio0.890.560.8417
Slightly volatile
Price Sales Ratio1.41.451.318
Pretty Stable
Asset Turnover0.210.23070.2677
Pretty Stable

Seanergy Maritime Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap85.3 M160.3 M67.3 M
Pretty Stable
Enterprise Value300.4 M405.9 M254.8 M
Slightly volatile

Seanergy Fundamental Market Drivers

Forward Price Earnings2.2143
Cash And Short Term Investments19.4 M

Seanergy Upcoming Events

12th of March 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Seanergy Maritime Financial Statements

Seanergy Maritime 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 Seanergy Maritime investors may analyze each financial statement separately, they are all interrelated. The changes in Seanergy Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses on on Seanergy Maritime'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 Revenue2.5 M3.4 M
Total Revenue126.8 M79.3 M
Cost Of Revenue80.3 M47.8 M
Stock Based Compensation To Revenue 0.07  0.08 
Sales General And Administrative To Revenue 0.24  0.29 
Revenue Per Share 6.89  6.55 
Ebit Per Revenue 0.22  0.21 

Pair Trading with Seanergy Maritime

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 Seanergy Maritime 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 Seanergy Maritime will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Seanergy Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seanergy Maritime 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 Seanergy Maritime - 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 Seanergy Maritime Holdings to buy it.
The correlation of Seanergy Maritime 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 Seanergy Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seanergy Maritime 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 Seanergy Maritime 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 Seanergy Stock Analysis

When running Seanergy Maritime's price analysis, check to measure Seanergy Maritime'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 Seanergy Maritime is operating at the current time. Most of Seanergy Maritime's value examination focuses on studying past and present price action to predict the probability of Seanergy Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seanergy Maritime's price. Additionally, you may evaluate how the addition of Seanergy Maritime to your portfolios can decrease your overall portfolio volatility.