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OSG - Overseas Shipholding Group, Inc.

NYSE -> Energy -> Oil & Gas Midstream
Tampa, United States
Type: Equity

OSG price evolution
OSG
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $76.26 $97.6 $105.95 $104.09
Short term investments $14.9 $14.9
Net receivables $20.5 $14.75 $14.37 $2.9
Inventory $1.86 $3.24 $4.27 $5.66
Total current assets $114.59 $131.18 $125.28 $124.26
Long term investments $14.85 $14.85
Property, plant & equipment $916.56 $908.24 $928 $949.17
Goodwill & intangible assets $13.42 $14.57 $15.72 $16.87
Total noncurrent assets $964.3 $949.99 $983.84 $1006.59
Total investments $14.9 $14.9 $14.85 $14.85
Total assets $1078.88 $1081.17 $1109.12 $1130.85
Current liabilities
Accounts payable $60.91 $49.06 $49.16 $57.2
Deferred revenue
Short long term debt $108.58 $110.5 $92.57 $92.33
Total current liabilities $169.49 $159.56 $141.72 $149.52
Long term debt $465.32 $490.59 $528.65 $547.9
Total noncurrent liabilities $555.34 $578.96 $613 $631.92
Total debt $573.89 $601.1 $621.22 $640.23
Total liabilities $724.83 $738.52 $754.73 $781.45
Shareholders' equity
Retained earnings -$174.82 -$190.99 -$208.58 -$220.88
Other shareholder equity $4 $2.83 $3.03 $3.22
Total shareholder equity $354.05 $342.65 $354.39 $349.4
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $76.26 $78.73 $83.25 $69.82
Short term investments $14.9
Net receivables $20.5 $26.95 $20.4 $14.94
Inventory $1.86 $2.28 $2.9 $2.29
Total current assets $114.59 $108.35 $108.93 $88.68
Long term investments $14.8
Property, plant & equipment $916.56 $932.98 $957.15 $1091.13
Goodwill & intangible assets $13.42 $18.02 $22.62 $27.22
Total noncurrent assets $964.3 $1030.72 $1006.8 $1143.06
Total investments $14.9 $14.8
Total assets $1078.88 $1139.06 $1115.73 $1231.74
Current liabilities
Accounts payable $60.91 $28.11 $49.9 $48.09
Deferred revenue
Short long term debt $108.58 $91.02 $126.23 $133.53
Total current liabilities $169.49 $145.93 $176.14 $181.62
Long term debt $465.32 $416.09 $514.66 $558.71
Total noncurrent liabilities $555.34 $653.45 $600.98 $670.3
Total debt $573.89 $657.07 $640.9 $692.25
Total liabilities $724.83 $799.38 $777.12 $851.93
Shareholders' equity
Retained earnings -$174.82 -$233.02 -$259.59 -$213.34
Other shareholder equity $4 $3.41 $2.94 -$0.28
Total shareholder equity $354.05 $339.69 $338.61 $379.81
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $116.02 $115.44 $106.63 $113.79
Cost of revenue $65.82 $63.06 $63.31 $67.36
Gross Profit $50.2 $52.38 $43.31 $46.43
Operating activities
Research & development
Selling, general & administrative $6.61 $7.17 $6.59 $7.84
Total operating expenses $24.27 $24.18 $23.04 $23.89
Operating income $25.92 $28.2 $20.27 $22.54
Income from continuing operations
EBIT $28.41 $29.84 $21.73 $23.62
Income tax expense $0.79 $4.47 $1.34 $3.32
Interest expense $7.2 $7.78 $8.09 $8.16
Net income
Net income $20.42 $17.59 $12.3 $12.14
Income (for common shares) $20.42 $17.59 $12.3 $12.14
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $451.87 $466.8 $359.06 $418.69
Cost of revenue $259.56 $305.99 $297.05 $292.89
Gross Profit $192.31 $160.81 $62.02 $125.81
Operating activities
Research & development
Selling, general & administrative $28.22 $26.98 $24.1 $26.87
Total operating expenses $95.39 $97.62 $115.02 $67.19
Operating income $96.92 $63.19 -$53 $58.61
Income from continuing operations
EBIT $103.59 $66.52 -$35.15 $60.23
Income tax expense $9.92 $6.89 -$18.1 $6.18
Interest expense $31.22 $33.06 $29.2 $24.05
Net income
Net income $62.45 $26.56 -$46.25 $30
Income (for common shares) $62.45 $26.56 -$46.25 $30
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $20.42 $17.59 $12.3 $12.14
Operating activities
Depreciation $34.45 $34.04 $32.49 $31.94
Business acquisitions & disposals
Stock-based compensation $0.92 $0.89 $0.86 $0.8
Total cash flows from operations $19.91 $29.64 $17.71 $35.7
Investing activities
Capital expenditures -$28.2 -$1.19 -$0.95 -$0.45
Investments
Total cash flows from investing -$28.2 -$1.19 -$0.95 -$0.45
Financing activities
Dividends paid
Sale and purchase of stock -$6.84 -$30.04 -$7.99 -$1.86
Net borrowings -$6.21 -$6.77 -$6.92 -$6.85
Total cash flows from financing -$13.05 -$36.8 -$14.9 -$9.88
Effect of exchange rate
Change in cash and equivalents -$21.34 -$8.35 $1.86 $25.36
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $62.45 $26.56 -$46.25 $30
Operating activities
Depreciation $132.91 $159.76 $152.69 $150.21
Business acquisitions & disposals -$16.97
Stock-based compensation $3.47 $3.57 $2.23 $2.33
Total cash flows from operations $102.96 $72.82 -$11.83 $52.67
Investing activities
Capital expenditures -$30.79 -$6.35 $24.34 -$61.18
Investments -$14.79
Total cash flows from investing -$30.79 -$21.15 $24.34 -$78.15
Financing activities
Dividends paid
Sale and purchase of stock -$46.72 -$29.04
Net borrowings -$26.75 -$26.66 $1.33 $53.82
Total cash flows from financing -$74.64 -$56.2 $0.93 $53.63
Effect of exchange rate
Change in cash and equivalents -$2.48 -$4.52 $13.43 $28.14
Fundamentals
Market cap $454.06M
Enterprise value $951.69M
Shares outstanding 70.95M
Revenue $451.87M
EBITDA $236.51M
EBIT $103.59M
Net Income $62.45M
Revenue Q/Q -4.71%
Revenue Y/Y -3.20%
P/E ratio 7.27
EV/Sales 2.11
EV/EBITDA 4.02
EV/EBIT 9.19
P/S ratio 1.00
P/B ratio 1.30
Book/Share 4.93
Cash/Share 1.07
EPS $0.88
ROA 5.68%
ROE 17.84%
Debt/Equity 2.05
Net debt/EBITDA 2.74
Current ratio 0.68
Quick ratio 0.67