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Performance Shipping (Performance Shipping) Gross-Profit-to-Asset % : 16.79% (As of Dec. 2023)


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What is Performance Shipping Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Performance Shipping's annualized Gross Profit for the quarter that ended in Dec. 2023 was $52.8 Mil. Performance Shipping's average Total Assets over the quarter that ended in Dec. 2023 was $314.2 Mil. Therefore, Performance Shipping's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 16.79%.


Performance Shipping Gross-Profit-to-Asset % Historical Data

The historical data trend for Performance Shipping's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Performance Shipping Gross-Profit-to-Asset % Chart

Performance Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 8.74 -1.64 16.99 23.05

Performance Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.95 25.25 26.91 17.10 16.79

Competitive Comparison of Performance Shipping's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Performance Shipping's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Performance Shipping's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Performance Shipping's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Performance Shipping's Gross-Profit-to-Asset % falls into.



Performance Shipping Gross-Profit-to-Asset % Calculation

Performance Shipping's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=67.921/( (292.979+296.266)/ 2 )
=67.921/294.6225
=23.05 %

Performance Shipping's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=52.752/( (332.038+296.266)/ 2 )
=52.752/314.152
=16.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Performance Shipping Gross-Profit-to-Asset % Related Terms

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Performance Shipping (Performance Shipping) Business Description

Traded in Other Exchanges
Address
373 Syngrou Avenue, 175 64 Palaio Faliro, Athens, GRC, 175 64
Performance Shipping Inc is a provider of shipping transportation services through its ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying containerized cargo along various shipping routes. It owns and operates eight Aframax tanker vessels.
Executives
Gyllenhammar Ab Peter 10 percent owner LINNEGATAN 18, STOCKHOLM V7 11447