First Ship Lease Trust
Other OTCTotal Valuation
Its enterprise value stands at -16.60M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | N/A |
| Enterprise Value | -16.60M |
Share Statistics
First Ship Lease Trust currently has 1.77B shares outstanding.
| Shares Outstanding | 1.77B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Financial Position
First Ship Lease Trust maintains a current ratio of 7.48, meaning it holds 7.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 26.42, indicating elevated leverage, while an interest coverage ratio of 6.23 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 7.48 |
| Quick Ratio | 7.14 |
| Debt / Equity | 26.42 |
| Debt / EBITDA | 2.24 |
| Interest Coverage | 6.23 |
Financial Efficiency
First Ship Lease Trust posts a return on equity of 20.30 and a return on invested capital of 8.16.
| Return on Equity (ROE) | 20.30 |
| Return on Assets (ROA) | 17.80 |
| Return on Invested Capital (ROIC) | 8.16 |
| Return on Capital Employed (ROCE) | 17.67 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, First Ship Lease Trust has paid 6,000.00 in income taxes, reflecting an effective tax rate of 0.05.
| Income Tax | 6,000.00 |
| Effective Tax Rate | 0.05 |
Income Statement
Over the trailing twelve months, First Ship Lease Trust generated 24.22M in revenue and converted that into 13.27M in net income, yielding earnings per share of 0.01. EBITDA reached 6.03M, while operating income came in at 6.03M.
| Revenue | 24.22M |
| Gross Profit | 11.44M |
| Operating Income | 6.03M |
| Pretax Income | 13.28M |
| Net Income | 13.27M |
| EBITDA | 6.03M |
| EBIT | 6.03M |
| Earnings Per Share (EPS) | 0.01 |
Balance Sheet
First Ship Lease Trust holds 30.12M in cash and equivalents against 13.51M in total debt, resulting in a net debt position of -16.60M. Total book value stands at 57.87M, with working capital of 27.34M providing operational flexibility.
| Cash & Cash Equivalents | 30.12M |
| Total Debt | 13.51M |
| Net Debt | -16.60M |
| Equity (Book Value) | 57.87M |
| Book Value Per Share | 0.03 |
| Working Capital | 27.34M |
Cash Flow
First Ship Lease Trust produced 13.66M in operating cash flow over the past twelve months. After subtracting -1.32M in capital expenditures, free cash flow totaled 12.35M - equivalent to 0.01 per share.
| Operating Cash Flow | 13.66M |
| Capital Expenditures | -1.32M |
| Free Cash Flow | 12.35M |
| FCF Per Share | 0.01 |
Margins
First Ship Lease Trust operates with a gross margin of 47.24, reflecting its pricing power and cost economics. The operating margin of 24.88 and net profit margin of 54.78 provide insight into operational efficiency.
| Gross Margin | 47.24 |
| Operating Margin | 24.88 |
| Pretax Margin | 54.81 |
| Profit Margin | 54.78 |
| EBITDA Margin | 24.88 |
Dividends & Yields
The company's payout ratio of 213.16 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.02 |
| Dividend Yield | N/A |
| Payout Ratio | 213.16 |
| Shareholder Yield | N/A |
| FCF Yield | N/A |
Scores
First Ship Lease Trust posts an Altman Z-Score of -9.59, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -9.59 |