StealthGas Interest Coverage from 2010 to 2024

GASS Stock  USD 5.26  0.02  0.38%   
StealthGas Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage will likely drop to 2.66 in 2024. From the period from 2010 to 2024, StealthGas Interest Coverage quarterly data regression had r-value of (0.20) and coefficient of variation of  47.80. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
4.11668179
Current Value
2.66
Quarterly Volatility
1.13364533
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
  
Check out the analysis of StealthGas Correlation against competitors.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Latest StealthGas' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of StealthGas over the last few years. It is StealthGas' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in StealthGas' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

StealthGas Interest Coverage Regression Statistics

Arithmetic Mean2.37
Geometric Mean2.09
Coefficient Of Variation47.80
Mean Deviation0.96
Median2.33
Standard Deviation1.13
Sample Variance1.29
Range3.2267
R-Value(0.20)
Mean Square Error1.33
R-Squared0.04
Significance0.47
Slope(0.05)
Total Sum of Squares17.99

StealthGas Interest Coverage History

2024 2.66
2023 4.12
2022 3.0
2021 1.1
2020 2.01
2019 1.11
2018 0.95

About StealthGas Financial Statements

StealthGas shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although StealthGas investors may analyze each financial statement separately, they are all interrelated. The changes in StealthGas' assets and liabilities, for example, are also reflected in the revenues and expenses on on StealthGas' 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
Interest Coverage 4.12  2.66 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for StealthGas Stock Analysis

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