Okeanis Financial Statements From 2010 to 2024

ECO Stock   22.99  0.59  2.50%   
Okeanis Eco financial statements provide useful quarterly and yearly information to potential Okeanis Eco Tankers investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Okeanis Eco financial statements helps investors assess Okeanis Eco's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Okeanis Eco's valuation are summarized below:
Gross Profit
161.1 M
Profit Margin
0.2925
Market Capitalization
751.8 M
Enterprise Value Revenue
3.4041
Revenue
399.7 M
We have found one hundred twenty available trending fundamental ratios for Okeanis Eco Tankers, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Okeanis Eco's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 26th of November 2024, Market Cap is likely to grow to about 935 M, while Enterprise Value is likely to drop about 908.7 M.

Okeanis Eco Total Revenue

237.03 Million

Check Okeanis Eco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okeanis Eco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.9 M, Interest Expense of 37.2 M or Total Revenue of 237 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.14 or PTB Ratio of 2.29. Okeanis financial statements analysis is a perfect complement when working with Okeanis Eco Valuation or Volatility modules.
  
Check out the analysis of Okeanis Eco Correlation against competitors.

Okeanis Eco Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.2 B1.1 B854 M
Slightly volatile
Short and Long Term Debt Total718 M693.3 M490.2 M
Slightly volatile
Other Current LiabilitiesM4.1 M5.2 M
Pretty Stable
Total Current Liabilities88.3 M105.6 M56.3 M
Slightly volatile
Total Stockholder Equity411.4 M408.1 M345.8 M
Slightly volatile
Property Plant And Equipment Net1.1 B988.2 M795.6 M
Slightly volatile
Current Deferred Revenue12.3 M11.7 M3.9 M
Slightly volatile
Net Debt676.5 M641.4 M462.7 M
Slightly volatile
Accounts Payable16.5 M23.5 M10.7 M
Slightly volatile
Cash41.5 M51.9 M27.5 M
Slightly volatile
Non Current Assets Total1.1 B991.2 M799.9 M
Slightly volatile
Non Currrent Assets Other4.4 MM2.2 M
Slightly volatile
Cash And Short Term Investments41.5 M51.9 M27.5 M
Slightly volatile
Net Receivables29 M57.5 M17.1 M
Slightly volatile
Common Stock Shares Outstanding33.5 M32.2 M25.8 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.1 B854 M
Slightly volatile
Non Current Liabilities Total656.4 M615.4 M451.9 M
Slightly volatile
Inventory12.8 M25.4 MM
Slightly volatile
Other Current AssetsM3.3 M2.6 M
Slightly volatile
Other Stockholder Equity223 M116.5 M296.7 M
Slightly volatile
Total Liabilities744.7 M721 M508.3 M
Slightly volatile
Total Current Assets88.3 M137.9 M54.2 M
Slightly volatile
Short Term Debt61.1 M77.9 M38.1 M
Slightly volatile
Common Stock35.9 K37.8 K32.5 K
Slightly volatile
Other Liabilities31.1 K21.5 K45.7 K
Slightly volatile
Net Tangible Assets417.9 M485.6 M366.5 M
Slightly volatile
Other Assets5.7 M5.2 M4.6 M
Slightly volatile
Long Term Debt521.8 M615.3 M662.4 M
Slightly volatile
Deferred Long Term Liabilities601.2 K676.4 K736.5 K
Slightly volatile
Net Invested Capital880.7 M1.1 B1.1 B
Pretty Stable
Property Plant And Equipment Gross911.5 M1.2 B1.1 B
Pretty Stable
Short and Long Term Debt69.4 M77.9 M55.1 M
Slightly volatile
Capital Stock26.3 K29.6 K32.2 K
Slightly volatile
Property Plant Equipment834.3 M922 MB
Slightly volatile
Short Term Investments241.2 K229.4 K212.7 K
Slightly volatile

Okeanis Eco Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization34.9 M40.4 M18.9 M
Slightly volatile
Interest Expense37.2 M58.7 M20.7 M
Slightly volatile
Total Revenue237 M413.1 M117.6 M
Slightly volatile
Gross Profit232.5 M221.4 M59.1 M
Slightly volatile
Other Operating Expenses139 M212 M73.1 M
Slightly volatile
Operating Income211.2 M201.1 M52 M
Slightly volatile
EBIT211.2 M201.1 M52.7 M
Slightly volatile
EBITDA134.8 M241.5 M64.2 M
Slightly volatile
Cost Of Revenue126.7 M191.7 M66.7 M
Slightly volatile
Total Operating Expenses12.3 M20.3 M6.4 M
Slightly volatile
Interest IncomeM2.8 M523.2 K
Slightly volatile
Selling General Administrative15.3 M14.5 M5.7 M
Pretty Stable
Selling And Marketing Expenses3.7 M5.8 M2.4 M
Slightly volatile
Reconciled Depreciation40.2 M39.8 M29.6 M
Slightly volatile

Okeanis Eco Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation34.9 M40.4 M18.9 M
Slightly volatile
Capital Expenditures3.1 M3.3 M170.1 M
Slightly volatile
End Period Cash Flow41.1 M50 M27.3 M
Slightly volatile
Begin Period Cash Flow85.4 M81.3 M28.2 M
Slightly volatile
Dividends Paid167.3 M159.4 M26.2 M
Slightly volatile
Issuance Of Capital Stock12 M13.5 M14.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.12.15572.6242
Slightly volatile
Dividend Yield0.140.210.1913
Slightly volatile
PTB Ratio2.292.18191.2364
Slightly volatile
Days Sales Outstanding32.7450.660547.0782
Slightly volatile
Book Value Per Share9.5512.677210.9701
Slightly volatile
Operating Cash Flow Per Share5.685.40572.0778
Slightly volatile
Capex To Depreciation7.545.4113.5104
Slightly volatile
PB Ratio2.292.18191.2364
Slightly volatile
EV To Sales5.563.71297.2784
Slightly volatile
Inventory Turnover5.675.967611.1212
Pretty Stable
Days Of Inventory On Hand64.2261.164136.0338
Slightly volatile
Payables Turnover6.326.43226.2688
Slightly volatile
Sales General And Administrative To Revenue0.03690.03520.0129
Slightly volatile
Average Inventory5.3 M8.3 M5.6 M
Slightly volatile
Capex To Revenue1.330.762.546
Slightly volatile
Cash Per Share1.021.560.7438
Slightly volatile
POCF Ratio7.165.11688.7664
Slightly volatile
Interest Coverage2.163.42742.0155
Slightly volatile
Capex To Operating Cash Flow4.272.498.3866
Slightly volatile
Days Payables Outstanding55.1156.745761.238
Slightly volatile
EV To Operating Cash Flow8.378.813223.6776
Slightly volatile
Net Debt To EBITDA2.562.69568.4467
Slightly volatile
Current Ratio0.781.30610.9159
Pretty Stable
Tangible Book Value Per Share9.5512.677210.9701
Slightly volatile
Receivables Turnover13.577.20489.2213
Slightly volatile
Graham Number37.6735.873615.0016
Slightly volatile
Shareholders Equity Per Share9.5512.677210.9701
Slightly volatile
Debt To Equity1.391.69871.3605
Slightly volatile
Capex Per Share6.946.3810.8149
Slightly volatile
Average Receivables50.5 M48.1 M20.9 M
Slightly volatile
Revenue Per Share13.4712.83145.8828
Slightly volatile
Interest Debt Per Share25.7223.357223.902
Very volatile
Debt To Assets0.490.6140.5496
Slightly volatile
Enterprise Value Over EBITDA10.556.427213.6243
Slightly volatile
Short Term Coverage Ratios2.342.23260.9746
Slightly volatile
Operating Cycle62.8811280.84
Very volatile
Price Book Value Ratio2.292.18191.2364
Slightly volatile
Days Of Payables Outstanding55.1156.745761.238
Slightly volatile
Price To Operating Cash Flows Ratio7.165.11688.7664
Slightly volatile
Operating Profit Margin0.310.48690.3651
Very volatile
Company Equity Multiplier2.232.76652.3935
Slightly volatile
Long Term Debt To Capitalization0.490.60120.5424
Slightly volatile
Total Debt To Capitalization0.50.62940.5605
Slightly volatile
Return On Capital Employed0.210.19650.0741
Slightly volatile
Debt Equity Ratio1.391.69871.3605
Slightly volatile
Ebit Per Revenue0.310.48690.3651
Very volatile
Quick Ratio0.671.06610.8108
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.571.09210.3273
Slightly volatile
Net Income Per E B T0.80.90.98
Slightly volatile
Cash Ratio0.380.47330.4985
Very volatile
Operating Cash Flow Sales Ratio0.280.42130.3154
Pretty Stable
Days Of Inventory Outstanding64.2261.164136.0338
Slightly volatile
Days Of Sales Outstanding32.7450.660547.0782
Slightly volatile
Cash Flow Coverage Ratios0.260.2510.0914
Slightly volatile
Price To Book Ratio2.292.18191.2364
Slightly volatile
Fixed Asset Turnover0.440.4180.1833
Slightly volatile
Capital Expenditure Coverage Ratio0.570.420.3072
Slightly volatile
Price Cash Flow Ratio7.165.11688.7664
Slightly volatile
Enterprise Value Multiple10.556.427213.6243
Slightly volatile
Debt Ratio0.490.6140.5496
Slightly volatile
Cash Flow To Debt Ratio0.260.2510.0914
Slightly volatile
Price Sales Ratio2.12.15572.6242
Slightly volatile
Asset Turnover0.380.36590.1684
Slightly volatile
Gross Profit Margin0.370.63370.4273
Pretty Stable
Price Fair Value2.292.18191.2364
Slightly volatile

Okeanis Eco Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap935 M890.5 M452.1 M
Slightly volatile
Enterprise Value908.7 M1.5 B1.1 B
Very volatile

Okeanis Fundamental Market Drivers

Forward Price Earnings6.1576
Cash And Short Term Investments51.9 M

About Okeanis Eco Financial Statements

Okeanis Eco investors utilize fundamental indicators, such as revenue or net income, to predict how Okeanis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue11.7 M12.3 M
Total Revenue413.1 M237 M
Cost Of Revenue191.7 M126.7 M
Sales General And Administrative To Revenue 0.04  0.04 
Capex To Revenue 0.76  1.33 
Revenue Per Share 12.83  13.47 
Ebit Per Revenue 0.49  0.31 

Pair Trading with Okeanis Eco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Okeanis Eco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Okeanis Eco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Okeanis Stock

  0.74SB Safe BulkersPairCorr

Moving against Okeanis Stock

  0.68SB-PD Safe BulkersPairCorr
  0.62SB-PC Safe BulkersPairCorr
  0.53PXSAP Pyxis TankersPairCorr
The ability to find closely correlated positions to Okeanis Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Okeanis Eco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Okeanis Eco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Okeanis Eco Tankers to buy it.
The correlation of Okeanis Eco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Okeanis Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okeanis Eco Tankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Okeanis Eco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of Okeanis Eco Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
3.78
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.