Liabilities Breakdown
Total Current Liabilities
656.4 M
Non Current Liabilities Total
| Total Current Liabilities | 88.33 Million | |
| Liabilities And Stockholders Equity | 1.16 Billion | |
| Non Current Liabilities Total | 656.4 Million |
How much will Okeanis Eco owe in September?
 | By Gabriel Shpitalnik | Macroaxis Story |
In the world of investing, timing can be everything. As September approaches, Okeanis Eco Tankers presents an intriguing opportunity for investors looking to navigate the marine transportation sector. With a market value hovering around $29.62, the company has shown resilience despite reporting a net income from continuing operations of 171.9M. However, the landscape is not without its challenges, as the company grapples with a significant long-term debt of 615.3M. As we delve into the potential of Okeanis Eco Tankers this month, understanding its financial dynamics and market positioning will be key to unlocking its true value. Okeanis Eco Tankers' stock is currently experiencing above-average trading activity. As of August 8, 2024, the company's Free Cash Flow Yield remains stable compared to last year. Analysts predict that Operating Cash Flow Per Share could rise to $5.70, while the Enterprise Value may decrease by about $722.8 million. Although some baby boomers are expressing concerns about the marine transportation sector, Okeanis Eco Tankers presents a compelling investment opportunity worth considering.
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Reviewed by Vlad Skutelnik
Okeanis Eco Tankers carries a debt of $693.28 million, which could actually serve as a strategic advantage for funding growth opportunities with high returns. The company has a performance score of 8 out of 100, indicating room for improvement. With a Beta of -20.71, Okeanis presents a notable risk; as market returns rise, the stock's returns are likely to fall more sharply. However, in times of market stress, Okeanis is expected to perform better than the market. Investors should consider using metrics like the information ratio, downside variance, and the relationship between the Treynor ratio and kurtosis to evaluate potential future returns on Okeanis Eco.
Main Ideas
Investing in Okeanis Eco Tankers stock this September presents an intriguing opportunity, especially when considering its net income from continuing operations of 171.9M and a net invested capital of 1.1B. With an open price of 29.4, the stock's price action indicator suggests a slight downward trend, which could indicate a buying opportunity for those looking to leverage their investments in the marine shipping industry. Keep an eye on the volatility, as the standard deviation stands at 73.21, hinting at potential price swings that could impact your investment strategy.Okeanis Eco financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Okeanis Eco, including all of Okeanis Eco's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Okeanis Eco assets, the company is considered highly leveraged. Understanding the composition and structure of overall Okeanis Eco debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.Understanding Okeanis Total Debt
Okeanis Eco Tankers liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Okeanis Eco Tankers has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Okeanis Eco balance sheet include debt obligations and money owed to different Okeanis Eco vendors, workers, and loan providers. Below is the chart of Okeanis main long-term debt accounts currently reported on its balance sheet. You can use Okeanis Eco Tankers financial leverage analysis tool to get a better grip on understanding its financial positionOkeanis Eco Gross Profit
Okeanis Eco Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Okeanis Eco previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Okeanis Eco Gross Profit growth over the last 10 years. Please check Okeanis Eco's gross profit and other fundamental indicators for more details.
Is Okeanis Eco valued appropriately by the market?
This firm reported the last year's revenue of 413.1 M. Total Income to common stockholders was 145.25 M with profit before taxes, overhead, and interest of 161.15 M.
"Opportunities don't happen. You create them." - Chris Grosser.As September unfolds, Okeanis Eco Tankers presents a compelling case for investors looking to tap into the marine shipping sector. With a robust EBITDA of $241.51 million and a net income of $145.25 million, the company demonstrates solid operational performance despite facing losses in net interest income amounting to 50.8 million. The firm’s operating margin stands at 0.40%, indicating potential for profitability as it navigates its long-term debt of $615.3 million. With institutional ownership at 9.50% and insider ownership at a significant 63.57%, confidence in the company’s future remains strong, making it a stock to watch this month..
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Okeanis Eco Tankers. Please refer to our Terms of Use for any information regarding our disclosure principles.