Performance Shipping Stock Probability Of Bankruptcy

PSHG Stock

USD 1.74 0.01 0.57%

Performance Shipping's probability of distress is below 1% at the present time. The company is very unlikely to encounter any financial trouble in the next two years. Performance Shipping's Chance of financial distress is determined by interpolating and adjusting Performance Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Performance balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Performance Shipping Piotroski F Score and Performance Shipping Altman Z Score analysis.

For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

The Performance Shipping's current Market Cap is estimated to increase to about 25 M, while Enterprise Value is projected to decrease to roughly 11 M.

Performance Shipping Company chance of financial distress Analysis

Performance Shipping's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Performance Shipping Probability Of Bankruptcy

Less than 1%

Most of Performance Shipping's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Performance Shipping is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Performance Shipping probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Performance Shipping odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Performance Shipping financial health.

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.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.84	-0.03	0.6	0.35	0.18	-0.08	0.83	0.49	0.11	0.63	0.47	0.55	0.49	-0.33	0.53	0.05	0.54	0.52	0.56	-0.38	-0.17
Total Stockholder Equity	0.84		-0.15	0.11	0.52	0.2	-0.06	0.39	0.63	-0.24	0.61	0.56	0.61	0.57	-0.21	0.44	-0.04	0.54	0.43	0.6	-0.27	-0.1
Current Deferred Revenue	-0.03	-0.15		0.24	-0.17	0.33	0.07	0.1	-0.35	-0.29	0.01	-0.01	0.1	-0.01	0.08	-0.21	0.49	-0.11	-0.18	-0.48	0.03	0.01
Net Debt	0.6	0.11	0.24		0.03	-0.01	-0.28	0.91	-0.23	0.56	0.24	0.17	0.2	0.18	-0.43	0.44	0.38	0.32	0.47	0.2	-0.5	-0.17
Retained Earnings	0.35	0.52	-0.17	0.03		-0.4	-0.6	0.06	0.03	-0.19	0.36	0.95	0.87	0.95	-0.77	0.79	0.23	0.94	0.85	0.6	-0.75	-0.05
Accounts Payable	0.18	0.2	0.33	-0.01	-0.4		0.63	0.1	0.26	-0.18	-0.15	-0.39	-0.16	-0.35	0.59	-0.3	-0.23	-0.37	-0.46	-0.09	0.49	-0.28
Net Receivables	-0.08	-0.06	0.07	-0.28	-0.6	0.63		-0.08	0.53	-0.24	-0.26	-0.64	-0.35	-0.61	0.82	-0.64	-0.65	-0.65	-0.74	-0.21	0.87	-0.04
Total Liab	0.83	0.39	0.1	0.91	0.06	0.1	-0.08		0.19	0.43	0.44	0.21	0.3	0.23	-0.34	0.44	0.12	0.35	0.44	0.33	-0.37	-0.19
Total Current Assets	0.49	0.63	-0.35	-0.23	0.03	0.26	0.53	0.19		-0.25	0.4	0.03	0.17	0.04	0.25	-0.08	-0.61	0.02	-0.1	0.33	0.33	0.04
Short Term Debt	0.11	-0.24	-0.29	0.56	-0.19	-0.18	-0.24	0.43	-0.25		-0.26	-0.25	-0.35	-0.27	-0.22	0.24	0.15	-0.03	0.29	0.23	-0.34	-0.05
Common Stock	0.63	0.61	0.01	0.24	0.36	-0.15	-0.26	0.44	0.4	-0.26		0.56	0.48	0.57	-0.4	0.18	0.11	0.46	0.38	0.19	-0.32	0.41
Net Tangible Assets	0.47	0.56	-0.01	0.17	0.95	-0.39	-0.64	0.21	0.03	-0.25	0.56		0.91	0.99	-0.81	0.77	0.33	0.96	0.84	0.5	-0.78	-0.02
Long Term Debt	0.55	0.61	0.1	0.2	0.87	-0.16	-0.35	0.3	0.17	-0.35	0.48	0.91		0.93	-0.67	0.72	0.26	0.89	0.73	0.42	-0.61	-0.17
Long Term Debt Total	0.49	0.57	-0.01	0.18	0.95	-0.35	-0.61	0.23	0.04	-0.27	0.57	0.99	0.93		-0.79	0.77	0.33	0.96	0.84	0.51	-0.76	-0.03
Capital Surpluse	-0.33	-0.21	0.08	-0.43	-0.77	0.59	0.82	-0.34	0.25	-0.22	-0.4	-0.81	-0.67	-0.79		-0.81	-0.45	-0.86	-0.91	-0.3	0.92	0.03
Deferred Long Term Liab	0.53	0.44	-0.21	0.44	0.79	-0.3	-0.64	0.44	-0.08	0.24	0.18	0.77	0.72	0.77	-0.81		0.28	0.9	0.9	0.64	-0.85	-0.48
Intangible Assets	0.05	-0.04	0.49	0.38	0.23	-0.23	-0.65	0.12	-0.61	0.15	0.11	0.33	0.26	0.33	-0.45	0.28		0.3	0.4	-0.15	-0.62	0.07
Property Plant Equipment	0.54	0.54	-0.11	0.32	0.94	-0.37	-0.65	0.35	0.02	-0.03	0.46	0.96	0.89	0.96	-0.86	0.9	0.3		0.94	0.62	-0.85	-0.15
Short Long Term Debt	0.52	0.43	-0.18	0.47	0.85	-0.46	-0.74	0.44	-0.1	0.29	0.38	0.84	0.73	0.84	-0.91	0.9	0.4	0.94		0.65	-0.95	-0.06
Net Invested Capital	0.56	0.6	-0.48	0.2	0.6	-0.09	-0.21	0.33	0.33	0.23	0.19	0.5	0.42	0.51	-0.3	0.64	-0.15	0.62	0.65		-0.45	-0.12
Net Working Capital	-0.38	-0.27	0.03	-0.5	-0.75	0.49	0.87	-0.37	0.33	-0.34	-0.32	-0.78	-0.61	-0.76	0.92	-0.85	-0.62	-0.85	-0.95	-0.45		0.06
Capital Stock	-0.17	-0.1	0.01	-0.17	-0.05	-0.28	-0.04	-0.19	0.04	-0.05	0.41	-0.02	-0.17	-0.03	0.03	-0.48	0.07	-0.15	-0.06	-0.12	0.06

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	(0.005369)	0.0117	(0.078)	0.12	0.23	0.25
Asset Turnover	0.26	0.21	0.29	0.25	0.37	0.39
Net Debt	5.9M	36.3M	40.3M	89.1M	(12.3M)	(11.7M)
Total Current Liabilities	8.1M	10.8M	15.2M	26.1M	15.3M	27.6M
Non Current Liabilities Total	36.3M	61.1M	57.6M	111.2M	47.7M	56.0M
Total Assets	130.6M	157.9M	144.9M	293.0M	296.3M	196.3M
Total Current Assets	37.4M	21.4M	9.6M	53.5M	79.9M	83.9M
Total Cash From Operating Activities	(4.2M)	13.2M	(3.1M)	33.8M	68.0M	71.4M

	Return On Equity	0.2
	Return On Asset	0.0833
	Profit Margin	0.52 %
	Operating Margin	0.52 %
	Current Valuation	1.55 M
	Shares Outstanding	12.43 M
	Shares Owned By Insiders	8.32 %
	Shares Owned By Institutions	5.52 %
	Number Of Shares Shorted	862.68 K
	Price To Book	0.08 X
	Price To Sales	0.24 X
	Revenue	108.94 M
	Gross Profit	46.48 M
	EBITDA	93.8 M
	Net Income	69.41 M
	Cash And Equivalents	13.27 M
	Cash Per Share	1.28 X
	Total Debt	54.98 M
	Debt To Equity	0.52 %
	Current Ratio	1.62 X
	Book Value Per Share	21.40 X
	Cash Flow From Operations	67.95 M
	Short Ratio	13.30 X
	Earnings Per Share	1.53 X
	Price To Earnings To Growth	(0.34) X
	Target Price	5.75
	Number Of Employees	209
	Beta	0.2
	Market Capitalization	21.63 M
	Total Asset	296.27 M
	Retained Earnings	(301.12 M)
	Working Capital	64.57 M
	Net Asset	296.27 M

TITAN	Titan Company Limited
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Performance Shipping Stock Probability Of Bankruptcy

Performance Shipping Company chance of financial distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Performance Shipping Probability Of Bankruptcy

Performance Probability Of Bankruptcy Driver Correlations

Performance Probability Of Bankruptcy Peer Comparison

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