Performance Historical Income Statement

PSHG Stock  USD 1.74  0.01  0.57%   
Historical analysis of Performance Shipping income statement accounts such as Other Operating Expenses of 42.5 M, Operating Income of 79.3 M, EBIT of 83 M or Ebitda of 98.5 M can show how well Performance Shipping performed in making a profits. Evaluating Performance Shipping income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Performance Shipping's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Performance Shipping latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Performance Shipping is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

About Performance Income Statement Analysis

Performance Shipping Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Performance Shipping shareholders. The income statement also shows Performance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Performance Shipping Income Statement Chart

At this time, Performance Shipping's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Performance Shipping's current Operating Income is estimated to increase to about 79.3 M, while Interest Expense is projected to decrease to roughly 5.8 M.

Total Revenue

Total revenue comprises all receipts Performance Shipping generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Performance Shipping. It is also known as Performance Shipping overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Performance Shipping income statement and represents the costs associated with goods and services Performance Shipping provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Performance Shipping's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Performance Shipping current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.At this time, Performance Shipping's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Performance Shipping's current Operating Income is estimated to increase to about 79.3 M, while Interest Expense is projected to decrease to roughly 5.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue36.5M75.2M108.9M114.4M
Interest Expense1.8M4.0M9.6M5.8M

Performance Shipping income statement Correlations

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-0.060.180.040.29-0.070.070.050.34-0.17-0.070.14-0.04-0.060.56-0.26-0.80.23-0.20.21-0.17
-0.010.180.90.410.660.620.910.56-0.810.570.070.580.050.250.020.070.530.580.8-0.78
-0.210.040.9-0.010.820.80.990.15-0.840.760.250.760.230.170.060.090.590.610.84-0.83
0.370.290.41-0.01-0.2-0.230.010.95-0.01-0.25-0.32-0.23-0.330.23-0.090.01-0.010.07-0.01-0.02
-0.56-0.070.660.82-0.20.890.79-0.06-0.640.970.570.980.71-0.020.170.10.550.580.66-0.61
-0.750.070.620.8-0.230.890.78-0.1-0.60.840.770.860.550.050.12-0.050.550.50.63-0.59
-0.170.050.910.990.010.790.780.18-0.870.730.220.740.190.170.020.090.620.650.88-0.85
0.360.340.560.150.95-0.06-0.10.18-0.23-0.13-0.29-0.11-0.320.24-0.050.00.070.170.23-0.13
0.02-0.17-0.81-0.84-0.01-0.64-0.6-0.87-0.23-0.56-0.08-0.58-0.06-0.16-0.050.07-0.51-0.49-0.850.9
-0.55-0.070.570.76-0.250.970.840.73-0.13-0.560.540.990.80.040.080.110.610.570.61-0.56
-0.990.140.070.25-0.320.570.770.22-0.29-0.080.540.570.63-0.050.13-0.240.270.120.1-0.08
-0.57-0.040.580.76-0.230.980.860.74-0.11-0.580.990.570.79-0.020.130.050.580.550.62-0.56
-0.67-0.060.050.23-0.330.710.550.19-0.32-0.060.80.630.79-0.040.080.010.370.250.13-0.09
0.10.560.250.170.23-0.020.050.170.24-0.160.04-0.05-0.02-0.04-0.78-0.040.670.40.3-0.27
-0.16-0.260.020.06-0.090.170.120.02-0.05-0.050.080.130.130.08-0.78-0.16-0.7-0.53-0.20.07
0.18-0.80.070.090.010.1-0.050.090.00.070.11-0.240.050.01-0.04-0.160.130.550.060.09
-0.220.230.530.59-0.010.550.550.620.07-0.510.610.270.580.370.67-0.70.130.840.7-0.58
-0.09-0.20.580.610.070.580.50.650.17-0.490.570.120.550.250.4-0.530.550.840.68-0.51
-0.040.210.80.84-0.010.660.630.880.23-0.850.610.10.620.130.3-0.20.060.70.68-0.7
0.02-0.17-0.78-0.83-0.02-0.61-0.59-0.85-0.130.9-0.56-0.08-0.56-0.09-0.270.070.09-0.58-0.51-0.7
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Performance Shipping Account Relationship Matchups

Performance Shipping income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization32.0M5.8M7.5M9.3M14.8M12.4M
Interest Expense651K2.1M1.8M4.0M9.6M5.8M
Total Revenue26.8M46.3M36.5M75.2M108.9M114.4M
Gross Profit8.4M14.2M(2.5M)37.2M67.9M71.3M
Other Operating Expenses26.8M40.5M44.8M44.8M33.4M42.5M
Operating Income(31.7M)5.8M(8.5M)30.4M75.5M79.3M
Ebit(31.7M)4.3M(8.5M)40.3M79.0M83.0M
Ebitda343K10.1M(1.0M)49.5M93.8M98.5M
Cost Of Revenue18.5M32.1M39.0M38.0M41.0M36.0M
Total Operating Expenses8.3M8.4M5.8M6.8M(7.6M)(7.2M)
Net Income(701K)1.9M(11.3M)36.3M69.4M72.9M
Income Tax Expense(31.4M)1.9M1.6M(284K)2K2.1K
Income Before Tax(32.1M)3.8M(9.7M)36.3M69.4M72.9M
Total Other Income Expense Net(393K)(2.0M)(1.6M)(3.7M)(6.1M)(6.4M)
Selling General Administrative8.2M8.0M5.8M6.8M8.0M7.5M
Interest Income258K110K18K284K2.4M2.5M
Net Income Applicable To Common Shares(52.9M)(32.1M)5.2M(9.7M)(11.2M)(11.7M)
Net Interest Income(393K)(2.0M)(1.8M)(3.7M)(7.0M)(7.4M)
Net Income From Continuing Ops(32.1M)2.3M(10.1M)36.3M68.3M71.7M

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.