Okeanis Eco Financials

ECO Stock   19.97  0.78  4.06%   
Based on the analysis of Okeanis Eco's profitability, liquidity, and operating efficiency, Okeanis Eco Tankers is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in January. At this time, Okeanis Eco's Net Debt is very stable compared to the past year. As of the 15th of December 2024, Retained Earnings is likely to grow to about 306.2 M, while Total Current Liabilities is likely to drop about 88.3 M. Key indicators impacting Okeanis Eco's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.391.6987
Significantly Down
Slightly volatile
Operating Income211.2 M201.1 M
Sufficiently Up
Slightly volatile
Current Ratio0.781.3061
Way Down
Pretty Stable
Investors should never underestimate Okeanis Eco's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Okeanis Eco's cash flow, debt, and profitability to make informed and accurate decisions about investing in Okeanis Eco Tankers.

Net Income

152.51 Million

  
Understanding current and past Okeanis Eco Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Okeanis Eco's financial statements are interrelated, with each one affecting the others. For example, an increase in Okeanis Eco's assets may result in an increase in income on the income statement.

Okeanis Eco Stock Summary

Okeanis Eco competes with Safe Bulkers, Safe Bulkers, Safe Bulkers, EuroDry, and Ardmore Shpng. Okeanis Eco is entity of United States. It is traded as Stock on NYSE exchange.
Foreign Associate
  UK
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIPY64177101
LocationGreece
Business AddressEthnarchou Makariou Ave,
SectorMarine Transportation
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.okeanisecotankers.com
Phone30 210 48 04 200

Okeanis Eco Key Financial Ratios

Okeanis Eco Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B954.6M1.2B1.1B1.2B
Other Current Liab17.5M2.6M3.3M6.0M4.1M5.0M
Net Debt719.3M811.1M538.8M657.7M643.3M676.9M
Retained Earnings8.4M66.0M61.8M146.4M291.6M306.2M
Accounts Payable14.0M17.7M16.0M11.8M23.5M16.5M
Cash13.4M23.3M38.2M81.3M50.0M41.1M
Net Receivables20.2M14.6M7.4M49.6M57.5M29.0M
Inventory6.6M5.8M12.6M17.0M25.4M12.8M
Other Current Assets2.3M10.2M4.3M6.2M5.2M5.3M
Total Liab769.1M862.5M596.3M761.1M721.0M744.7M
Total Current Assets42.4M53.9M62.6M154.4M137.9M88.3M
Short Term Debt49.0M75.3M42.2M66.5M77.9M61.1M

Okeanis Eco Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense38.8M34.4M27.1M35.1M58.7M37.2M
Total Revenue127.7M282.9M169.0M271.0M413.1M237.0M
Gross Profit53.0M153.0M44.6M123.2M221.4M232.5M
Operating Income45.8M141.4M32.0M110.1M201.1M211.2M
Ebit45.8M139.0M31.9M122.6M201.1M211.2M
Ebitda70.4M180.6M70.5M160.6M241.5M134.8M
Cost Of Revenue74.8M129.9M124.4M147.8M191.7M126.7M
Income Before Tax11.4M101.3M(902.9K)84.6M145.3M152.5M
Net Income11.4M101.3M(902.9K)84.6M145.3M152.5M

Okeanis Eco Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(3.9M)785.0K(6.9M)(4.4M)(8.3M)(7.9M)
Change In Cash(4.7M)9.9M14.8M43.2M(31.4M)(29.8M)
Free Cash Flow(414.7M)(20.0M)8.2M(96.1M)174.0M182.7M
Depreciation24.6M41.6M38.7M38.0M40.4M34.9M
Other Non Cash Items49.1M3.3M(272.6K)5.5M(3.9M)(3.7M)
Capital Expenditures443.7M172.2M20.4M178.6M3.3M3.1M
Net Income11.4M101.3M(902.9K)84.6M145.3M152.5M
End Period Cash Flow13.4M23.3M38.2M81.3M50.0M41.1M

Okeanis Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Okeanis Eco's current stock value. Our valuation model uses many indicators to compare Okeanis Eco value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okeanis Eco competition to find correlations between indicators driving Okeanis Eco's intrinsic value. More Info.
Okeanis Eco Tankers is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Okeanis Eco Tankers is roughly  3.01 . At this time, Okeanis Eco's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Okeanis Eco's earnings, one of the primary drivers of an investment's value.

Okeanis Eco Tankers Systematic Risk

Okeanis Eco's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Okeanis Eco volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Okeanis Eco Tankers correlated with the market. If Beta is less than 0 Okeanis Eco generally moves in the opposite direction as compared to the market. If Okeanis Eco Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Okeanis Eco Tankers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Okeanis Eco is generally in the same direction as the market. If Beta > 1 Okeanis Eco moves generally in the same direction as, but more than the movement of the benchmark.

Okeanis Eco Thematic Clasifications

Okeanis Eco Tankers is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
TransportationView
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Okeanis Eco Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Okeanis Eco's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Okeanis Eco growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0815

At this time, Okeanis Eco's Price Earnings To Growth Ratio is very stable compared to the past year.

Okeanis Eco December 15, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Okeanis Eco help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Okeanis Eco Tankers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Okeanis Eco Tankers based on widely used predictive technical indicators. In general, we focus on analyzing Okeanis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Okeanis Eco's daily price indicators and compare them against related drivers.
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Okeanis Eco Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 Okeanis Eco. If investors know Okeanis 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 Okeanis Eco 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
(0.25)
Earnings Share
3.63
Revenue Per Share
12.416
Quarterly Revenue Growth
(0.05)
Return On Assets
0.095
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco'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 Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco'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 Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco'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.