StealthGas Financials

GASS Stock  USD 5.81  0.24  3.97%   
Based on the key indicators related to StealthGas' liquidity, profitability, solvency, and operating efficiency, StealthGas is performing exceptionally good at this time. It has a great risk to report excellent financial results in December. At this time, StealthGas' Inventory is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 38.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 453.9 M in 2024. Key indicators impacting StealthGas' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.210.2248
Significantly Down
Slightly volatile
Operating Income26.2 M41 M
Way Down
Slightly volatile
Current Ratio3.283.1244
Sufficiently Up
Slightly volatile
The financial analysis of StealthGas is a critical element in measuring its lifeblood. Investors should not minimize StealthGas' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

54.53 Million

  
Understanding current and past StealthGas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of StealthGas' financial statements are interrelated, with each one affecting the others. For example, an increase in StealthGas' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in StealthGas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of StealthGas. Check StealthGas' Beneish M Score to see the likelihood of StealthGas' management manipulating its earnings.

StealthGas Stock Summary

StealthGas competes with Danaos, Global Ship, Euroseas, Navios Maritime, and Kirby. StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas producers and users internationally. StealthGas Inc. was incorporated in 2004 and is based in Athens, Greece. Stealthgas operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange.
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINMHY816691064
CUSIPY81669106
LocationGreece
Business Address331 Kifissias Avenue,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.stealthgas.com
Phone30 210 62 50 001
CurrencyUSD - US Dollar

StealthGas Key Financial Ratios

StealthGas Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets953.4M944.0M798.7M821.5M697.2M802.7M
Other Current Liab12.3M8.6M12.5M14.6M6.6M6.3M
Retained Earnings82.9M94.9M59.8M94.1M146.0M153.3M
Accounts Payable9.0M10.0M8.6M11.8M10.0M7.5M
Net Receivables4.5M3.7M2.2M4.8M4.6M3.4M
Inventory2.4M3.7M2.8M3.1M2.0M2.4M
Other Current Assets118.2K2.4M15.4M14.6M37.1M38.9M
Total Liab394.3M379.4M323.9M303.6M147.5M140.2M
Total Current Assets77.9M48.1M51.7M104.7M120.8M79.0M
Net Debt298.0M313.6M262.6M221.3M46.4M44.1M
Cash68.5M38.2M31.3M55.8M77.2M60.0M
Other Assets15.3M20.4M12.2M41.7M1.00.95
Long Term Debt325.2M311.2M262.0M247.0M106.9M101.6M
Short Term Debt41.2M40.5M31.9M30.1M16.7M15.9M
Net Tangible Assets559.2M564.6M474.8M517.9M466.1M437.9M
Short Long Term Debt40.7M40.5M31.8M30.1M16.6M15.8M

StealthGas Key Income Statement Accounts

The reason investors look at the income statement is to determine what StealthGas' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense21.0M14.1M12.7M12.1M10.0M11.4M
Total Revenue144.3M145.0M150.2M152.8M143.5M130.3M
Gross Profit70.3M73.7M61.2M72.7M50.9M67.5M
Operating Income23.2M28.3M13.9M36.2M41.0M26.2M
Ebit23.2M23.4M(30.8M)35.5M49.6M52.1M
Ebitda60.9M61.3M6.4M63.4M73.3M55.1M
Cost Of Revenue73.9M71.3M89.0M80.1M92.7M62.8M
Income Before Tax2.1M12.0M(35.1M)34.3M51.9M54.5M
Net Income2.1M12.0M(35.1M)34.3M51.9M54.5M
Income Tax Expense8.9K37.2M36.9M216.2K23.5M24.7M
Interest Income846.3K167.8K26.4K1.1M3.5M3.7M
Net Interest Income(20.1M)(14.0M)(12.7M)(11.0M)(7.5M)(7.9M)

StealthGas Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory617.5K(1.2M)644.1K(819.1K)1.4M1.4M
Change In Cash2.7M(29.1M)(7.3M)23.5M14.6M11.2M
Free Cash Flow27.8M4.0M15.8M42.3M77.4M81.2M
Depreciation39.3M37.9M37.2M27.9M23.7M30.5M
Other Non Cash Items885.2K2.9M1.2M1.1M(321.7K)(305.7K)
Capital Expenditures3.0M48.1M25.2M24.2M85.2K80.9K
Net Income2.1M12.0M(35.1M)34.3M51.9M54.5M
End Period Cash Flow82.1M53.0M45.7M69.2M83.8M65.2M
Net Borrowings(58.9M)(12.9M)(22.4M)(19.8M)(17.8M)(16.9M)
Change To Netincome1.7M2.2M37.0M846.4K973.3K924.7K
Investments33.5M(15.2M)(1.8M)(17.3M)86.0M90.3M

StealthGas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining StealthGas's current stock value. Our valuation model uses many indicators to compare StealthGas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across StealthGas competition to find correlations between indicators driving StealthGas's intrinsic value. More Info.
StealthGas is rated # 2 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.40  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for StealthGas is roughly  2.51 . At this time, StealthGas' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value StealthGas by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

StealthGas Systematic Risk

StealthGas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. StealthGas 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on StealthGas correlated with the market. If Beta is less than 0 StealthGas generally moves in the opposite direction as compared to the market. If StealthGas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one StealthGas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of StealthGas is generally in the same direction as the market. If Beta > 1 StealthGas moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in StealthGas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various StealthGas' 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 StealthGas growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.091

At this time, StealthGas' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

StealthGas November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of StealthGas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of StealthGas. We use our internally-developed statistical techniques to arrive at the intrinsic value of StealthGas based on widely used predictive technical indicators. In general, we focus on analyzing StealthGas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build StealthGas's daily price indicators and compare them against related drivers.

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.